Taperinghurts risk assets more than it would strengthen the USD. It's a simple observation that no one has mentioned.
And would have little effect on inflation since the Fed has been cystal clear that tapering does not mean they will raise interest rate anytime soon. In fact, ineterest rate may need to stay low for longer to account for the huge balance sheet.
The brain dead analysts are all over the map again but the way I see it, tapering bond purchase and prolonged low interest rate, couple with uncertain growth/inflation (Fed acknowledges short term inflation will run hot but they will not act and risk progress of recovery since it is transitory), would send gold price to the stratosphere.
And IMO there is no better miner to hold than BTG. We are just so darn undervalue especially with >4% dividend!