Gold Plunges On Day Of Massive Global Money Printing

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, September 15, 2011 Gold Plunges On Day Of Massive Global Money Printing The big news of the day: The world's big central banks (The Fed, ECB, SNB, BOE, and BOJ) have all joined hands to provide liquidity to parched banks. As some might say: money printing! Well, despite the common belief that there's a connection between liquidity pumping and gold rising, today that's not happening, and in fact gold is tanking, falling well below $1800 (it was above $1900 recently). Whatever benefit gold gets from easy money was cancelled out by a brief removal of the "fear" premium. Read » Also On Money Game Today: DEEP THOUGHTS FROM RAY DALIO: Correlation Doesn't Exist GEORGE SOROS: It's Time To Think About Greece, Portugal And Ireland Defaulting Robin Griffiths: Gold Will Become The Greatest Bubble EUROTARP? Here's What You Need To Know About The Hot New Idea To Save The Euro Advertisement CHART OF THE DAY: Stocks Are Experiencing Deja-Deja-Vu CHART OF THE DAY: SocGen's Completely Manic Tuesday CHART OF THE DAY: Rise Of The Stock Vigilantes! Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.careerrrwyld@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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