Thus, massive monetary intervention is bearish for gold. (csinvesting.org)
Massive monetary interventions have not done much for the economy, but have proved capable of provoking speculation for several months at a time. (hussman.net)
As I've noted recently, there may be latitude to take a more constructive stance between the point that any new monetary intervention produces an improvement in our measures of market internals, and the point where we re-establish an overvalued, overbought, overbullish syndrome. (hussman.net)