Is GSR's current pattern going to be like that from August-September? There are similarities; but this indicator has proven pretty tricky in painting patterns and implications over the last few years.
Not saying Team Bernanke watches the GSR, but they do watch indicators of liquidity. Almost ironically, for gold bugs and inflationists to get the 'QE3' type of blink out of Mr. B that they expect, we may need some kind of strong hint at liquidity suckage first.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Not saying Team Bernanke watches the GSR, but they do watch indicators of liquidity. Almost ironically, for gold bugs and inflationists to get the 'QE3' type of blink out of Mr. B that they expect, we may need some kind of strong hint at liquidity suckage first.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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