GOLD 0.51% $1,391.7 gold futures

gold gets hit very hard what a smack, page-70

  1. 11,522 Posts.

    Your doubly subracting. The 2 adds to the 8 to get back to 10, its trying to lift the value of houses back up. The economy had overshot its true value before by going to 10, it was really 8.

    Other times, the economy undershoots its true value. The Fed is there to moderate the extremes.

 
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