As expected we have a bear raid on the precious metals in honor of the FOMC meeting.
Make no mistake, this is political messaging. Buy our paper.
And a great deal of the world is ignoring it.
"It is rather for us to be here dedicated to the great task remaining before us — that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion — that we here highly resolve that these dead shall not have died in vain, that this nation under God shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.” Abraham Lincoln, November 19, 1863