Gold plummets today over $100 oz as Federal Reserve Chairman Benjamin Bernanke makes reference in a testimony to a delayed QE3 A.K.A. Quantitative Easing. Whether this strong downturn in Gold prices was drivin by the Fed or by algorithm trading liquidation, the move was breathtaking. Silver also collapsed in line with Gold as the chart above shows.
Published three to four times a year, the Pictet Report is a magazine based on a series of specially commissioned interviews and discussions with entrepreneurs, business academics and inspiring personalities. Today they spotlight the opening article of the Winter 2012 issue titled “Focus on boards”.
Here is the report: Pictet-Report-9-English