Time to stock up on PMs?
derryb
Posts: 36,793 ✭✭✭✭✭
Ben speaks tomorrow.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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Comments
Liberty: Parent of Science & Industry
I knew it would happen.
<< <i>What's he gonna say that he hasn't already said? "We out of bullits?" >>
Maybe this time he has a clad Silver plated .999 Fine Bullet
<< <i>wasn't the time to stock up on PMs 1995-2004? >>
Stocking up from January 20, 2009 to the present has warmed my wallet.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
<< <i>What's he gonna say that he hasn't already said? "We out of bullits?" >>
I hope so. Then we can finally get on with the natural process.
Knowledge is the enemy of fear
Fat chance. Not until after November next year. Then, it's another whole dance.
By then, who really knows how badly things will be screwed up, or whether they'll even be fixable.
I knew it would happen.
I don't think PM's are going to get a free pass between now and next Wednesday with this also including an end of quarter expiration and a TBond auction week as well.
FED minutes could provide a positive jolt through Friday/Monday, but expiration will still come. Don't see why they would come out with a QE3 plan when they have been
pumping money into the system any ways ( ie US stock and bond markets and EU banks).
roadrunner
<< <i>we can finally get on with the natural process
Fat chance. Not until after November next year. Then, it's another whole dance.
By then, who really knows how badly things will be screwed up, or whether they'll even be fixable. >>
Same puppets, different faces. Economic problems started way before the last four year November cycle. All the current regime did was prove they won't deal with them either.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey