Health Care Bill/PM correlation

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timcoin
timcoin Posts: 674 ✭
in Precious Metals
I don't know if it is a coincidence or not, but it seems every time it is reported that a Health Care bill with a public option/expanded medicare is gaining momentum, PMs go up, and everytime it is reported that the public option/expanded medicare is dead, PMs go down. That is the observation I have been seeing.

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  • ProofCollection
    ProofCollection Posts: 8,075 ✭✭✭✭✭
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    OK, I'll bite.

    It depends on what is actually in the bill and what the burden on business will be. This will cause the stock market to go up or down, and PM prices will move accordingly... although it's not entirely predictable, as sometimes PMs move with stocks and sometimes vice versa.
  • Bear
    Bear Posts: 18,953 ✭✭✭
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    While I favor some form of universal Health Care,

    I have the following problems with the Senate Bill:

    1.Too many confusing and hidden meaning clauses.
    Most folks really do not know the actual impact of
    what is in proposed bill and what loopholes exist.

    2. Pro and con advocates only tell us, the people, what is in
    their interests for us to know and only that.

    3. Lobbyist and vested interests have had too much influence
    on the Senators and the Bill for me to really trust that it will make
    life better.

    4. I do not really know if the bill, as written, will cut health care costs
    or increase costs to the benefit of for profit providers.

    5. Undue complexity is usually a tool to hide the motives and intentions
    of rapacious business.

    Finally, I would think that if the bill as proposed becomes law, it will raise
    the value of gold because as sure as the sun sets at night, it will probably
    further bankrupt the nation as well as the citizens.

    I would rather watch the cr*p that is placed in sausages, then watch what is
    already in the bill. As with the Credit card bill, it did not protect the people, it
    merely allowed the CC Companies to raise our rates to 30% while cutting our
    limits.
    There once was a place called
    Camelotimage
  • moonshine
    moonshine Posts: 1,039 ✭✭
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    please refer to my thread on this forum labeled POLL.
  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
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    I guess we are goin to find out soon enough. 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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