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[Poll] Gold and silver Rally of late --- Based Upon Hope of QE -- Yes or No?

MsMorrisineMsMorrisine Posts: 32,218 ✭✭✭✭✭
in Precious Metals
I am only asking if you think it is QE hope related....

the next poll would be if you think the hopes are "out of line"

Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

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    MsMorrisineMsMorrisine Posts: 32,218 ✭✭✭✭✭
    Oh...

    if you vote ""No"

    I'd like to hear why you think it's not. (I'm under the impression it is)
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Absolutely, positively based on the hype of QE3. The metals market got what it has been starving for...and when Europe gets back to business next month (Aug. is typically a continent wide vacation month for them), you can expect the Euro to regain some strength which typically good news for metals.
    I've gone from a pessimist to an optimist in the matter of this week. Why? Because something is FINALLY being at least proposed...it aint done yet, it's just being talked about, but obviously, it has had quite an effect. The stagnant waters have finally been rippled.
    To forgive is to free a prisoner, and to discover that prisoner was you.
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    jmski52jmski52 Posts: 22,380 ✭✭✭✭✭
    I voted no, because QE is a virtual certainty and there is no need to bother with hope.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    derrybderryb Posts: 36,209 ✭✭✭✭✭
    No. Based on counterparty risk elsewhere.

    Give Me Liberty or Give Me Debt

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    pragmaticgoatpragmaticgoat Posts: 832 ✭✭✭
    no, seasonal and massive debt everywhere that will require endless money printing
    BST references:
    jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack;
    jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
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    gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>no, seasonal and massive debt everywhere that will require endless money printing >>



    Could not have said it any betterimage
    Avid collector of GSA's.
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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    No. PMs needed a shakeout following a 34 month rally. They've been shaken pretty good over the past 10-15 months.

    +$100 BILL in the past month added to the Money Base (M0). That's worth a $100 in the gold price.
    Sovereign and state municipal debts continue to increase.
    Euro currency swaps and otc interest rate swaps continue to handed out as needed for liquidity. Money is sloshing around everywhere...at least where big banks are concerned.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>No. PMs needed a shakeout following a 34 month rally. They've been shaken pretty good over the past 10-15 months. >>



    Agree

    Just a normal pattern, to be repeated over and over again.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    no. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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    PerryHallPerryHall Posts: 45,436 ✭✭✭✭✭
    There are many reasons contributing to the rise of PM prices and the hope (or fear) of a QE3 is just one of them.

    Worry is the interest you pay on a debt you may not owe.

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    tneigtneig Posts: 1,505 ✭✭✭
    Voted No because its all a big mistake. The kitco chart's been upside down for the last 3 days.

    image
    COA
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    derrybderryb Posts: 36,209 ✭✭✭✭✭
    Top 5 takeaways from the Fed that signal QE3 is ‘coming soon’

    Give Me Liberty or Give Me Debt

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    dpooledpoole Posts: 5,940 ✭✭✭✭✭
    I voted "no fricking clue."

    Why? Because the forces moving such phenomena, decisions and consequences are furtive, contrived, and hence unavaiable to any rational analysis from the outside.

    Here's a warning parable for coin collectors...



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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭
    Hope is the only value of PMs. image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    image

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

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    jmski52jmski52 Posts: 22,380 ✭✭✭✭✭
    The Bo-tox isn't working.....
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    rawteam1rawteam1 Posts: 2,472 ✭✭✭
    unequivocally no, it has nothing to do with it...
    i have stated before, not though here i think,
    if the silver price needs any QE to advance, then silver really has no value of any real substance...
    keceph `anah
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    johnny9434johnny9434 Posts: 27,512 ✭✭✭✭✭


    << <i>image >>

    cape canaveral = launch :-)
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    KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>The Bo-tox isn't working..... >>




    image
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
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