Captain's Quarters

[MoneyJames]

Common sense tells me that QE can't end until things get better. The market is going to analyze every word in tomorrow's FOMC minutes, because the market is manic-depressive.

Don't let emotions cloud your common sense. The economy isn't what it once was. Detroit is becoming a ghost town, for example.

Here is some good perspective on gold and the "QE tapering":
http://news.goldseek.com/GoldSeek/1376941535.php

China, Russia, and Germany are powerful countries, and may push precious metals prices to the moon:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/19_Putin_-_The_Russian,_German,_Chinese_Connection_%26_Gold.html