Will Wednesday be THE day that tapering is announced? And, even if it is, what will it mean for gold prices?

First, it probably will not happen. Too many stars are aligned (or misaligned, as the case might be) for this to be the correct moment.

As we have maintained recently there is going to be a lot of volatility in the precious metals markets through the holidays.

Laozi, the 6th century B.C. scholar knew about the future. His view of it concludes today's fundamentals section of our email.