The Fed announced Wednesday prepares to begin tapering its asset purchase program later in November, with a $10 trillion reduction in Treasurys and $5 billion decrease of mortgage-backed safety and securities.
Gary Wagner, editor of TheGoldForecast.com, reviews with David Lin, support for Kitco Information, the effect this decision will carry the gold rate.
Adhere To David Lin on Twitter: @davidlin_TV ()
Comply With Kitco News on Twitter: @KitcoNewsNOW ()
Comply With Gary Wagner on Twitter: @garyswagner ()
0:00 – Monetary plan
7:10 – Taper tantrum?
11:50 – Gold rate outlook
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