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7/25/12....Metals up. Is another QE about to happen?

fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
in Precious Metals
I smell another QE coming very soon.

Comments

  • cohodkcohodk Posts: 19,242 ✭✭✭✭✭
    Markets seem to be expecting it. Beware expectations.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 37,014 ✭✭✭✭✭
    Typical dollar down, metals up kind of day

    Treasury Sec. and CTFC commissioner both called on the carpet in separate congressional committee hearings: Libor (interest rate) manipulation for Turbo Timmy and PFG account holder theft for Gensler. Both were expected to protect taxpayers and account holders, both failed.

    Earliest I expect QE announcement is Jackson Hole meeting in August.

    Exit bunker, enter Matrix. LOL

  • pmcollectourpmcollectour Posts: 1,211 ✭
    Smells like quantitative easing to me. image
  • johnny9434johnny9434 Posts: 28,491 ✭✭✭✭✭
    thats what talk is. we shall see and wouldnt doubt it at this point
  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>I smell another QE coming very soon. >>



    Front page lead articles on both NY Times & WSJ
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  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>

    << <i>I smell another QE coming very soon. >>



    Front page lead articles on both NY Times & WSJ >>



    They got it from my sig.
    image
  • OPAOPA Posts: 17,126 ✭✭✭✭✭
    I'm confused, but I thought it had something to do with something called "expiration dates"image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • silverman68silverman68 Posts: 542 ✭✭✭
    I personally think there will be no QE3 next week but for the people who think there is not big profit coming in silver you will get left out. Stack when you can.
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,372 ✭✭✭✭✭
    Its coming. QE's timing will factor in how to best pump up the equities market during September. That is when many finally start thinking about the November election.

    The Dear Leader needs even a short term market bounce to help the media wing of his party claim a recovery.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
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