Yellen? Barely Talkin!, page-9

Sydney, I am more interested in the likely scenario if Glencore is the Lehman moment, how would a big sustained panic sell off affects POG? It has been sold off at the moment in the midst of perceived risk assets ie stocks and mass herding into the safety of the USD.

So if QE is coming, using the QE3 experience then there is an even less need for inflation hedging on gold. That would mean that the bond bubble is in fact one of the few asset class of safety? Wouldn't QE4 be a life line to stocks, collector art and antiques?

Short term expect the elastic effect of extended sell off as the mass hysteria whipped up by the media with a few scapegoats like the commodity sectors with contents of "I told you so.." Today's was panic selling to protect yesterday's cap gains as the European bourses suggest. All these short term stuff are just creating more uncertainty until maybe Friday when we will get a bit more confirmation through NFP perhaps?