Well while everyone is having their own little debate facts are that this is the week that the U.S. Camel breaks it's back. There is no way out. Either they stuff up their economy by raising rates or they stuff up their credibility by keeping them low.
Either way they are stuffed.
Whether or not this is good or bad for gold in the short term is anyone's guess but it's already a given in my opinion that gold will rise very quickly after this week.
As for the Australian economy . Well we are already stuffed and are well and truly into a recession due to China. Just give it a couple more months for economists to release info and admit defeat.
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"Have We Reached The Breaking Point?", page-74
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