How Gold Performs During FOMC Weeks (Spoiler Alert: Not Good)

What is more confidence-inspiring in the Fed’s ability to manage the world and the continued dominance of the US Dollar as global reserve currency than a falling gold price… and when better to show that than FOMC meeting weeks… welcome to the centrally-planned world where the announcement of ongoing trillions in fiat dilution constantly crushes the price of undilutable money.


 

Source: Meridian Macro


    



via Zero Hedge http://ift.tt/1qXlcUI Tyler Durden

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