On this week's episode of Money Metals' Weekly Market Wrap: Double, double, taper and trouble. Gold slides and silver tumbles.
The Federal Reserve just drove the final nail into the coffin of Quantitative Easing, and that spooked gold and silver markets. On Wednesday the Fed announced the final taper of its massive bond-buying program. That was expected. But the Committee’s assessment of the U.S. economy came in more upbeat than many investors had anticipated. That sent the U.S. Dollar rallying and metals prices retreating.
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