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"The US Fed would love to have the dollar firm when they announce QE3 because it is going to get clobbered on that announcement. Similarly, I think they want the gold price as low as possible when that announcement is made because it will be taking off to the upside when QE3 is announced. The stock market will also be taking off to the upside from lower levels when the announcement is made. So, I think they could be grooming (managing) the markets as we speak, positioning them for the optimal point of the launch of QE3."
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