What a great end to a great week and, with no Goons available next week due to the pre-FOMC "quiet period", we should be set up to extend these gains next week. After that, we'll see. But, for now, let's celebrate a new ALLTIME HIGH in the gold prices and then start our weekend.
For today, a general discussion of what drove this latest surge in prices. It was a combination of lousy economic data and some "dovishness" from Chief Goon Powell. You can read all about it in this full summary from ZH:...