Fed Launches QE, Gold and Silver Pummeled

from Arcadia Economics

#Fed Launches QE, #Gold and #Silver Pummeled

The #FederalReserve finally responded on Thursday to the #stockmarket meltdown and injected $1.5 trillion into the financial markets.

Which would seemingly be a positive for gold and silver. Although once again the prices of the #preciousmetals were down sharply.

Is this panic selling? Or is there another explanation?

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