Yellen and co seemed pretty happy with the Inflation trend and although that was pre-Brexit, Jack Lew has come out saying the US economy is holding up pretty well against Brexit impacts. QE is a very big call to make without waiting for an updated CPI print post the events of last week. You down start doing QE willy nilly without alot of data pointing to its need. Come on mate. I know you and I burn at different speeds but surely you see that QE is a step too far until you have further info.
I agree with you on gold, its always a currency play except for those types who fear the end of the world and expect to pack their "Go Bag" with little ingots and run for the hills.
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