RE: RE: 2pm... was down in anticipation of the Fed lowering bond purchases from $85 billion/month to a lower amount. They instead continued to affirm they will continue to buy $85 billion/month due to weak statistics. Gold has already halved its losses. But it's all a joke anyway. Even if they did lower bond purchases (which they will at some point), gold's fundamentals have already been determined, and that is an upward move in price. All that money that has already been pumped into the economy is sitting on the bank's books, waiting to be distributed to the masses. When it is released, the cause and effect is pretty much set in stone. And for those that think the Fed will drain liquidity to prevent this foretold inflationary pressure, think again...it would be economic suicide for the US economy to do so. Games are still being played. Bullion banks still trying to buy up the physical by talking gold down. Unfortunately, there are still a lot of ignorant investors out there that fall for it and give up their gold (and gold stocks) to these bottom-feeders for a song. They wil witness the tsunami change in outlook as soon as Goldman Sachs & friends has bought all the physical gold they want. Then watch all the buy recommendations fly out form these guys. And the people sthat just sold will be chasing the price up.....yet again....