How Gold Performs During FOMC Weeks (Spoiler Alert: Not Good)

Tyler Durden's picture

What is more confidence-inspiring in the Fed's ability to manage the world and the continued dominance of the US Dollar as global reserve currency than a falling gold price... and when better to show that than FOMC meeting weeks... welcome to the centrally-planned world where the announcement of ongoing trillions in fiat dilution constantly crushes the price of undilutable money.


 

Source: Meridian Macro