Subject:
SOMETHING IS AFOOT!!!
What Happened The Last Time Gold And Central Banks Were So Far
Apart?
Submitted by Tyler Durden on 01/01/2013 - 16:31
From
9/11 on, Gold and the world's central bank balance sheets were as correlated as
over-consumption and a hangover (and linked just as causally we suggest). Then a funny thing happened in 2008 - gold slid as
the central banks went extreme. Of course, as this divergence occurred, the
world's stock markets imploded almost as if the central banks knew their status
quo was about to go entirely pear-shaped. From 2008 until November of 2011
(when the world's central banks began their coordinated ease-fest) the
correlation went limit up once again. Since then, Gold and CB largesse once
again decoupled as liquidity is flushed around the world's markets to suspend
reality just a little longer. While this divergence is not as extreme as
in 2008, something is afoot.WWW.ZEROHEDGE.COM
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