The Chart
:The Story: Gold soared Thursday as the U.S. dollar sunk in the wake of the quantitative easing announcement from the Federal Reserve on Wednesday afternoon. The wording of the announcement and the amount of the package--at least $600 billion--was even more bearish for the dollar than anticipated, and that, in turn, was fully gold market bullish, as it suggested heightened inflationary pressures on the horizon.
The Winner:
LOL!
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