Monetary Metals Supply and Demand Report: 29 Sep, 2013
The “No Taper” announcement has been long forgotten, another flash in the pan like most Fed announcements and non-announcements before it. Leveraged speculators jump in, based on the Quantity Theory of Money. If the announcement seems to imply more money “printing” (it’s really borrowing), then prices “should” go up. And the speculators aggressively meet their […]