This Will Trigger More Stimulus From The Fed And The Buy Point Of A Lifetime Before Gold Surges Above $10,000

http://kingworldnews.com/this-will-trigger-more-stimulus-from-the-fed-and-the-buy-point-of-a-lifetime-before-gold-surges-above-10000/

Gold surges to Rs 31,620 on seasonal demand, global cues

I told you so--Indian wedding season.

http://economictimes.indiatimes.com/markets/commodities/gold-surges-to-rs-31620-on-seasonal-demand-global-cues/articleshow/24292040.cms

Fed Doesn't Taper: Gold Surges

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Ben Bernanke announced the Fed won't taper QE, which is what I've been predicting all along.  Despite continually overstating GDP growth, QE is in place to prop up a malignant banking system.  It does NOT promote economic growth, despite what the financial cheerleaders proclaim.  Remove or taper QE, and the house of cards collapses.

Even whispers of a taper produced a plunging equities market earlier this summer.  An actual unwinding of Treasury bond and mortgage-backed securities purchases would spike 10-year yields, which nobody wants, especially the housing industry.  Hence, a taper today would require additional debt monetization down the road, which would destroy whatever little credibility the Fed has left within capital markets.  QE to infinity, bitchez!

Meanwhile, gold surged.

Gold Has Had Enough With Europe's Stupidity; Surges

http://www.zerohedge.com/news/gold-has-had-enough-europes-stupidity-surges

US Money Supply Surges Surges 33% in 4 Months - Gold To Follow?

http://www.zerohedge.com/news/us-money-supply-surges-surges-33-4-months-gold-follow

Is Gold No Longer A Safe Haven? Not According To Capital Economics: "Gold Will Surge When Euro Crisis Escalates"

http://www.zerohedge.com/news/gold-no-longer-safe-haven-not-according-capital-economics-gold-will-surge-when-euro-crisis-esca

Turk - Historic Event as Gold Surges & Stock Markets Tumble

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/5_Turk_-_Historic_Event_as_Gold_Surges_%26_Stock_Markets_Tumble.html