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Fed Cuts Rate to .25%

rgCoinGuyrgCoinGuy Posts: 7,478 ✭
in Precious Metals
WOW!
imageQuid pro quo. Yes or no?

Comments

  • GemineyeGemineye Posts: 5,374 ✭
    ........image.....outstanding
    ......Larry........image
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Not low enoughimage

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    As they said, shooting all of their ammo all at once...a salvo if you will. And this was not dollar positive.

    $850 and counting.

    Now the PPT has to rush in and try to keep gold from closing above $850.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭
    why don't they just go straight to ZIRP? this is a joke.
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭


    << <i>As they said, shooting all of their ammo all at once...a salvo if you will. And this was not dollar positive.

    $850 and counting.

    Now the PPT has to rush in and try to keep gold from closing above $850.

    roadrunner >>



    Good point, let's watch....

    image
    imageQuid pro quo. Yes or no?
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>why don't they just go straight to ZIRP? this is a joke. >>



    Sinclair was asking the same question months agoimage
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭
    Man, the dive in the dollar today is a sight to behold. This is getting scary.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>Man, the dive in the dollar today is a sight to behold. This is getting scary. >>



    It's been expected and predicted.

    Can you post a screen shot of the dive?

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    Is this what you are looking for?

    image
    imageQuid pro quo. Yes or no?
  • RBinTexRBinTex Posts: 4,328 ✭
    They actually cut it to a RANGE of 0%-.25%

    They cut the overnight lending rate to .5%

    December FED Funds futures are currently 99.835 (i.e. .165%)
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭


    << <i> Can you post a screen shot of the dive? >>

    image
  • morgansforevermorgansforever Posts: 8,456 ✭✭✭✭✭
    I hope this isn't to stupid to ask, what happens when the FFR is 0%?

    I'm not an economist by any stretch, is this just more devaluation of the dollar?

    If is was 0%, could THE MACHINE cut any further?

    I heard the number 10% UR thrown around on CBS radio in the coming months, not good.

    Obama, I wish you the best of luck.

    Scott



    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>Is this what you are looking for?

    image >>



    That reminds me. I need to get out of my bonds. The chart is opposite of the dollar here recently.
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>I hope this isn't to stupid to ask, what happens when the FFR is 0%?

    I'm not an economist by any stretch, is this just more devaluation of the dollar?

    If is was 0%, could THE MACHINE cut any further?

    I heard the number 10% UR thrown around on CBS radio in the coming months, not good.

    Obama, I wish you the best of luck.

    Scott >>



    The idea, in addition to making $ cheap, is to make Treasuries unattractive to investors and force them back into the commercial markets.
    There has been a big bleed of $ moving to the Euro and you're seeing gold react to that as the 3rd ingredient in forex arbitrage.
  • MrEurekaMrEureka Posts: 24,240 ✭✭✭✭✭
    OK, fine. I'll take a billion at 0.25% a year. And, unlike the banks, I promise to spend it quick.

    Just PM me for wire instructions, please.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>OK, fine. I'll take a billion at 0.25% a year. And, unlike the banks, I promise to spend it quick.

    Just PM me for wire instructions, please. >>



    You're getting some $ now in the form of lower gas prices. It really is making a difference.
    A generous tax cut for business and a smaller one for individuals would be an enormous boost. Heck, if they're gonna run trillion $ deficits, just let me keep my $ rather than redistributing it.
  • fishcookerfishcooker Posts: 3,446 ✭✭
    No, no, they have to help you be "patriotic."
  • cladkingcladking Posts: 28,631 ✭✭✭✭✭


    << <i>As they said, shooting all of their ammo all at once...a salvo if you will. And this was not dollar positive.

    $850 and counting.

    Now the PPT has to rush in and try to keep gold from closing above $850.

    roadrunner >>




    I think they'll let gold run this time if it wants to.

    It will.
    Tempus fugit.
  • fcfc Posts: 12,793 ✭✭✭
    I am very pleased with this action. As a buyer of a house in the coming
    12 months I am hoping I can get a fixed 30 year below 5%.

    With housing prices dropping it is a double plus.

    Saving every cent is my goal right now besides doing quick flips on
    the metals and frankly that can be done no matter what the price is
    on silver.

    I have to admit I enjoy flipping it better then holding. A lot less stress
    of worrying about the investment. I rarely check kitco anymore unless
    a post here makes me curious.





  • COINB0YCOINB0Y Posts: 4,505
    image
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Next step - Fed becomes a COUNTERFEITER !


    Imagine if they start selling $100,000 face currency for $80,000 ?

    Would that pep up the enonomy?


    image
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