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Don't mess with the rest, stick with the best, Calculated Risk is the place to be for this report. Linked here is Bill McB's first reflection, you'll get more later so go back to the main page, right here.
Meanwhile, gold has popped hard on the prospect of QE3 not just being back on the table, but front and square in the middle of the table, piping hot served fresh from the oven with gravy and everything
Here's the 5 min chart, shows the pop clearly