December 08, 2009 at 22:36 PM EST
(JPM) Bernanke Just Squashed the Gold Rally – Now What?
by Robert Williams, Publisher Tuesday, December 8, 2009 Gold prices are in retreat – their steepest two-day decline since March – on the announcement by Fed Chairman Ben Bernanke that inflation “appears likely to remain subdued for some time.” He also reminded us that the weak labor market (can you say jobless recovery?) and tight [...] (JPM) Bernanke Just Squashed the Gold Rally – Now What?
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