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July 17, 2012

Gold Leading Equities Down As Bernanke Disappoints

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Treasuries seemed to shrug off the QE-on trade from yesterday in the lead up to this morning's big disappointment from Bernanke. Gold lost it first and then as the statement came - with no mention of hyperinflation, helicopters, or new printers - so equities dumped - gapping down to converge with... FF News: Fundamental

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