Fed's Lacker sees $10 billion taper on table at next meetingI'm expecting gold prices to take another big hit at the end of this month when the FED announces another $10 billion taper. Any ideas on how SGC management will deal with lower gold prices? Do they have a back up plan to come up with the $500+ million required for full-scale production? (Reuters) - U.S. Federal Reserve policymakers will likely discuss another $10 billion reduction in the monthly pace of bond buying at their next meeting, said a senior Fed official on Friday, who warned against reading too much into a weak jobs report for December. Richmond Federal Reserve President Jeffrey Lacker said it would take a "couple of quarters" of bad news to change the U.S. economy's improving trend. The Fed last month announced it would cut its bond-buying stimulus by $10 billion to $75 billion each month, citing progress in the labor market, and Lacker said he expected another such reduction would be on the table at the next meeting on January 28-29. https://www.reuters.com/article/2014/01/10/us-usa-fed-lacker-idUSBREA090M120140110