Here's a little gold puzzle for you to ponder as you're getting ready for the weekend. See if you can figure it out.
The DEC13 U.S. Dollar Index is down 8 ticks to 80.23. The USD has defied bulls’ predictions of a rally recently, as the taper has not come as soon as some had expected.
Federal Reserve Bank of St. Louis President James Bullard, who votes on policy this year, said the odds of tapering bond purchases have risen along with gains in the labor market, and any reduction should be modest to account for low inflation.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.