"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, November 3, 2010

Okay Ben, call off the QE

Everything's okay.  Right?  US Economy Expanded More Than Forecast in October

If there is anything sustainable about this, we would expect to see the Fed punt QE down the road.  Will they have the balls?  Or are they concerned about something other than the lagging effects of inflationary policy to date?