Gold’s Most Important Month of This Year

by Gerardo Del Real
Outsider Club

September may very well be the most important month of the year for gold.

I’ve explained before that Japan doesn’t have a sustainable choice. I also explained it would be forced into a stimulus program to appease the citizenry and diversify its approach towards its stated goal of 2% inflation.

The government late on Tuesday detailed a package of financial measures that it said was worth ¥28 trillion ($US277 billion), equal to more than five percent of Japan’s gross domestic product.

The move followed a disappointing stimulus package announced last week which included only a slight rise to its monetary stimulus in the form of an increase in purchases of exchange-traded funds (ETF) and maintained the pace of purchases for Japanese bonds.

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