Ken Williams: “Larry Summers Out And Gold Up” – Gold Goliath

Posted on :Sep 16, 2013

By: Ken Williams

Gold Goliath

September 16, 2013

Gold prices are up today on news that Larry Summers has withdrawn his name from consideration for the job of  Fed chairman. The perception that Summers was going to curtail bond purchases also gave concern to Wall Street because they are relying heavily on Fed printing presses right now.

Expect the Fed to continue printing for now and Wall Street to post new gains.

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