According to the article below the market is getting nervous there will be no QE announcement at Jackson Hole. If the talk is correct the market has jumped the gun, once again, for the Fed announcing QE3.
" ..... The Federal Reserve will host its annual symposium at Jackson Hole, Wyoming next week, where Fed Chairman Ben Bernanke has announced monetary easing measures in the past.
While the market remains on edge, talk began to build Tuesday that if the Fed does decide to jolt the economy with monetary stimulus, it may wait until after the Jackson Hole symposium when it has more data to digest, which further sent gold falling."
http://www.forexpros.com/news/commodities-news/gold-drops-on-hopes-for-strong-u.s.-confidence-data-237592 Part of article from
