Gold: Fed And BOJ Are In Play

Graceland Updates

by Stewart Thomson
Gold Seek

1. The gold market is quiet, and there is seasonal softness.

2. That may be about to change, as both the US and Japanese central banks are having policy meetings this week.

3. The Fed meets on Wednesday, and the BOJ follows on Thursday. There is also some confusion in regards to the BOJ’s position on perpetual bonds, which are also known as helicopter money.

4. On that note, please click here now. A few days after the BOJ and Japanese government officials met with Ben Bernanke, the BOJ released a statement from Kuroda that he is totally against helicopter money.

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