fed to begin quantitative easing today, page-5

Grov, BH - I know its something we had previously discussed previously, but it amazes me how accurate it all is. Its STRAIGHT out of the playbook. The playbook being the deflation speech he gave a few years back. Its playing out move by move as a few of us thought it would.....

So whats next.......?? Maybe the inflation that these moves are designed to engineer...?? Maybe not for a little, but it seems to me the market knows that this will now come at least at some stage, and is beginning to price it in.

We are about to have the move that we have all been waiting for in gold I believe. Not the wild speculative finale, but the solid move to higher ground. One that should see gold find support above all time highs on any pullback.