What are you talking about? Tapering is whats keeping int. rates down. But no, they can't stop printing money, if they do, int. rates will rise. If int. rates hit 5.22%, the Feds won't collect enough revenue to pay the int. on the national debt. And then you have all the givens, like Soc. Security, WIX, Medicare, Welfare, blah blah that they'll default on as well. So if tapering continues, int. rates will remain low. If they stop tapering, int. will rise. That they can't allow to happen. No way. Eventually, the poop will fan. Gold will soar like an Eagle!
D2, the market has done well in spite of 20 billion dollars in asset purchases reduced in the last four months. Interest rates will climb to about 3% by the EOY. Gold is only reacting to two things: geopolitical instability, and inflow of ETF's. This is an issue because it has not rallied on fundamentals. Plus it is in the middle of a downtrend that is succeeded by an extremely long uptrend. That downtrend has to this date has been short lived and is expected to continue its descent despite bear rallies like this one because the fundamentals of gold are not supporting them. This will most definitely see 1300 before it sees 1400. Hedge yourself accordingly .