The persistent rumblings of an end to the Fed's QE program grow louder by the day.
This of course means that the chance of a complete market collapse becomes more likely. Without the $100billion a month in "fluffing" the bull market willl suffer a quick deflation, with it will go the commodities and, to a certain extent, PMs. On the other hand old Printing Press Ben has not, as yet, listened to advice and has some very definite ideas about how he wants to wreck the economy, so there may very well be a QE3.
It boils down to this; no QE3 means sit on my money and buy the dip when the market drops, if QE3 is a go I need to grab as much physical as soon as possible as the price is likely to jump toward $100 an ounce by year-end.
Quandaries, I hates 'em!
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