Shocking on an opex day no less.
The SM seems to be anticipating more QE or something, because it’s back to going up every day BUT gold is no longer going down every day so maybe NIRP and QE is on the horizon.
Steve LIESman reported the Bernanke said that the Fed is NOT out of ammunition. Why would he say that? Everything in the economy is great according to the Fed, so why would they need more ammo?
I’m just so confused…