Draghi, ECB, yesterday brought out the big bazooka…and flopped.
The graph tells it all.
So in December the FED comes out…and market crashes (and gold soars).
Kuroda (Japan) …negative rates and market crashed (and gold soared)
Now (March) Draghi (EU) and the market reacts badly.
They will not go down without fighting, but the End of Central Bank Empire is approaching fast.
When the Empire finishes. The Huns will come.
PS. Not in the chart…also the Euro dropped but then recovered and overshoot.
investorpolitico 