| The global economy is faltering and the world's monetary system is looking exceedingly precarious, yet the price of gold has plunged in the last week. Soon after US Federal Reserve chairman, Ben Bernanke, announced Operation Twist, a policy intended to reduce borrowing costs, global markets plunged.
The Fed's $400 billion plan, named "Operation Twist" is the latest in a series of steps aimed at reviving an economy that has very sluggish growth and high unemployment..............................................Full Article: Source
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