Yes indeed, the Dove of Doves is living up to her reputation as far as the gold market is concerned:
"Low inflation gives Fed room to pursue full employment".
What further, besides personally buying gold futures, could she have done to spook gold bears?
The spin being put on this is that the Fed will hold off on the tapering as they wait to see if the recent poor economic data is an anomaly due to the harsh, frigid winter weather or if it is becoming a trend.
Gold bulls are betting it is the latter. ...