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The Official Fed/QE3 Poll Thread

piecesofmepiecesofme Posts: 6,669 ✭✭✭
in Precious Metals
What are you doing ahead of this weeks Fed "announcement"?
To forgive is to free a prisoner, and to discover that prisoner was you.

Comments

  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    I didn't see my option: QE~ doesn't matter to me, I'll continue my normal allotment and purchasing schedule.

    That being said, I voted #4.
  • tneigtneig Posts: 1,505 ✭✭✭


    << <i>What are you doing ahead of this weeks Fed "announcement"? >>



    Nothing. Unpredictable.
    COA
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Waiting for the next buying opportunity that should come between the FOMC meeting and the end of month options expiration.

    Regardless of what the FED says this week, I think a good buying opportunity will be available between the 19th to 27th.
    If the FED says the wrong thing, then the buying opportunity starts a little earlier than expected. Whatever the FED eventually
    decides or announces, everyone knows they are pumping behind the scenes. They never stopped after QE2 ended. But don't
    expect to see any program called a QE as they would ignite full blown commodity speculation.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • cohodkcohodk Posts: 19,099 ✭✭✭✭✭
    How about, "QE is coming but I think prices are already reflective?"
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>How about, "QE is coming but I think prices are already reflective?" >>

    image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Where's the "Buy more GUNs & Ammo" choiceimage












































































































    imageimage
    Avid collector of GSA's.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    About what I thought...and anyway
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • JulioJulio Posts: 2,501 ✭
    Ok POM I saw the word, "is" in your post; define it.image. Take care. jws
    image
  • bronco2078bronco2078 Posts: 10,212 ✭✭✭✭✭


    << <i>Ok POM I saw the word, "is" in your post; define it.image. Take care. jws >>




    bubba
  • JulioJulio Posts: 2,501 ✭
    bronco2078; you got it. Take care. jws
    image
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    What Dr. Buster said.
  • derrybderryb Posts: 36,790 ✭✭✭✭✭
    I don't speculate. . .

    I double down.

    "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

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    It appears that the PM "Market Makers" are tasting the waters.

    "Speculators raised their appetite for precious metals for the fourth week in a row by increasing their exposure to U.S. futures and options contracts traded on the Comex division of the New York Mercantile Exchange and on the Nymex, according to U.S. government data released Friday, as hopes grew for more quantitative easing."
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • jmski52jmski52 Posts: 22,820 ✭✭✭✭✭
    I've been buying and I anticipate further buying. Nothing has changed, but if it does I'll have to re-think it.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Hmmm. Results have changed quite a bit since last night. Interesting.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I didn't vote but the following is likely or possible imho:

    1) A lot of upward pm movement has already been built into a QE3 announcement

    2) the QE3 announcement is likely to disappoint as there are very few arrows left in Ben's quiver. He needs to save a couple. It maybe underwhelming in nature.

    3) No matter whatever he says it doesn't mean it's true or the whole story. That is the wildcard for down the road. The re reading of minutes and the language used is usually a market mover more so that the announcement itself.

    4) Expect QE3 to be a combination of several moving parts

    Truth be told, I don't care what the announcement is as it is not likely to change my mind about any of my positions.

    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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