Share
clock Created with Sketch.
04/12/15
01:34
Share
Originally posted by locshare11
↑
Before Skol kicks me out. There are 3% leftovers.
1. ECB is just announcing an extend QE beyond September.
To increase monthly Gov. bond purchases fron 60 billions to 70 billions
2. To cut deposit rate to negative from -0.2 to -0.3
3. Lowering Greece's emergency liquidity assistance, a debt ceiling, from 84.7 billions to 77.9 billions Euro as Greece is slightly improving.
The Fed is doing opposite direction whereas US inflation is a mere 0.2% through the 12mths ending October 2015 compared to Europe inflation 0.1% and Australia 1.5%
If the NFP on Friday shows a sub 150k I'll be LONG on gold.
Expand
I actually initially thought you were wrong about US inflation for the 12 month period being only 0.2!!!
Upon further investigation you are absolutely correct!!!
The FED is insane to increase interest rates now.
Get ready for the crash of a lifetime in the DOW.