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Message: jim willie says fed is bluffing

jim willie says fed is bluffing

posted on Jun 28, 2008 07:40AM

the link to the full article is at bottom, but the important point is highlighted. the week-end rallies in silver and gold were capped as usual, but the gold producers were very strong, with gg, auy and aem finishing close to all time highs, so not everyone was taken in by the fed's no-decision on interest rates.

The USFed blinked as the gold longs and dollar shorts called their bluff successfully.



http://news.goldseek.com/GoldenJacka...

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