Fed Launches QE, Gold And Silver Pummeled

The Federal Reserve finally responded on Thursday to the stock market meltdown and injected $1.5 trillion into the financial markets.

The Federal Reserve finally responded on Thursday to the stock market meltdown and injected $1.5 trillion into the financial markets. This would seemingly be a positive for gold and silver, but once again the prices of the precious metals were down sharply. Is this panic selling? Or is there another explanation?

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