GOLD 0.51% $1,391.7 gold futures

If price going up on Friday was in fact a certainty, the market...

  1. 1,965 Posts.
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    If price going up on Friday was in fact a certainty, the market would have already priced it in (or perhaps it has been, hence the recent rise to record highs). No such thing as a free lunch or sure thing in this market, it's silly to suggest that, come Friday, news of yes or no on the QE3 front will prompt a rise.

    That said I think the market has already spoken to an extent, why these drops and volatility if QE3 was such a sure thing.
 
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