Fed Day Gold Bugs

“Here’s a nice round-up of opinions from the analyst community on whether or not there will be QE3 this week.”  Consensus: No QE3 This Week at Pragmatic Capitalism.

Arguments for holding gold:  Campbell Harvey.

Another:  “I don’t see a huge social cost to having a three or four percent rather than a two percent inflation rate.”  Fool.  Marginal Revolution.

“For all the hype over recent tech initial public offerings, did you know that investors have lost more money in Groupon and Facebook than the entire assets in all of the gold funds?”  Frank Holmes

How rare are 1 million+ ounce gold deposits at Visual Capitalist.

Will a Bear Market in Stocks Hurt Gold Stocks?  Daily Gold

Decision time for gold continues to linger:  All Star Charts.

Silver resistance levels at Nifty Charts.  Sprott is buying 7 million ounces:  Mining.