Precious in All But Recent Perception

April 19, 2012

by Darren C. Pollock

Since late February, Fed Chairman Bernanke indicated numerous times a desire to hold off on stimulus, for now, causing precious metals investments to decline materially. When asked if this means the Fed is finished stimulating, noted investor and Fed watcher Bill Fleckenstein remarked, “Be serious. Just watch what they do and have done… [Fed] talk is just worthless.”

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