Wednesday, January 18, 2012

The IMF is Gold’s Best Friend; U.S Stocks With the Biggest Exposure to Europe; No Inflation? Greece; SOPA

Gold is off the lows of the day at about $1650. Consolidation after a strong Tuesday. Another big bullish argument for gold is the IMF and what it wants to do.

The International Monetary Fund is proposing to raise its lending
capacity by $500 billion to insulate the global economy against any
worsening of Europe’s debt crisis, according to a person familiar....

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