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Message: <blockquote data-quote="Over70irregs" data-source="post: 6105116" data-attributes="member: 59424">Then…..Gold spikes..telling you something Analysis: Powell's direct refusal to acknowledge a "Fed put" is a critical signal that the Federal Reserve is not committed to propping up the stock market. The idea of the Fed put implies that the central bank would intervene to prevent major market declines, which has often been seen in the past...especially in response to crashes or crises.</blockquote>