Never Mind What the Fed Thinks, the Markets Have Decided QE2 is …
By Sam Kirtley, SKOptionsTrading Gold prices embarked on a massive rally recently, rising from around $1210 to $1380 in just two months. Simultaneously the. … In fact it could be argued that QE2 in excess of market expectation is what is actually required, since many traders will have taken positions specifically for this announcement, and will close these trades shortly after, with the time old adage of buying the rumor and selling the news comes into play. …
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