Gold slumps on fears Fed will signal taper.
By William L. Watts and Carla Mozee
“Short-term gold investors are awaiting the results of the Fed meeting, fearing more noises that [quantitative easing] will be curtailed.”
“However, it’s likely that Fed will continue to signal flexibility and concern over the size of QE (as a message to the President and Congress to get the fiscal house in order) but there will be no changes in the short term because their triggers have not been met.”
Read the full article at Market Watch-The Wall Street Journal.
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