A Simple Explanation for the Gold Price Rise Post Jackson Hole Bernanke Speech

He said QE 3.0, without really saying it.  The markets, seeing the enlarged schedule for the September meeting and interpreting the likelihood of heavy discussions, have gotten the message.  Stocks threw off the daily mortal struggle that is life as Bank of America and bid for the QE future that is now September (good riddance to August apparently).  Gold prices followed on those expectations of a resumption to the willful and wanton dollar destruction that QE purely represents.

- from Zerohedge