Well B.B. announced today that the FED was considering draining liquidity and raising interest rates hahahahahahahahahahaha. This announcement was no doubt another excuse for the gold cartel to hit gold this morning right on schedule.

Another country with a Big Ben has made simular statements in the past with regards to there QE program and had to do a about face yesterday and claim it was still to early to consider an end to QE.

QE is the least painfull in the short term and only realistic choice less of the two evils and thus it will continue on till nobody is willing to except the US dollar anymore or an alternative currency is created.

All in my honest opinion of course.

F.F.