Here's how this piece concludes. The argument is intense but not strident.
"So while the QE inflation was undoubtedly great for gold, the lack of QE3 doesn’t mean the Fed has mended its inflationist ways. The QE3 scares that have pummeled gold are merely psychological, not fundamental. Whether QE3 happens or not, gold prices will eventually reflect the continuing mammoth printing of new US dollars. Traders who understand this now have a phenomenal buy-low opportunity."
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