GOLD 0.51% $1,391.7 gold futures

the best day to crush gold is fomc

  1. 2,063 Posts.
    Has anyone else noticed that gold tends to get whacked at the most counter-intuitive junctures...like when they announce extended QE or extended perma-low interest periods?

    Of the last 7 FOMC meetings, 6 have resulted in a bashing of gold:

    http://www.zerohedge.com/news/2014-03-19/how-gold-performs-during-fomc-weeks-spoiler-alert-not-good
 
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