GOLD 0.51% $1,391.7 gold futures

it's going down the toilet, page-107

  1. 230 Posts.
    Hahaha.....I could do with some of that trout here Andy.....Lucky Bugger!
    As for the Fed's shennanigans, the following is an interesting analysis.

    "So does anyone really believe that the Fed has any intention of slowing down QE any time in the near future?
    Well maybe the stock market temporarily does… just long enough for stocks to drop down into a daily cycle low and create enough of a panic (right in front of the sequestration deadline) so that the Fed can enlarge QE rather than shrink it.
    There’s nothing like a good stock market sell off to use as an excuse to continue with a failed monetary policy. And I don’t think the Fed will hesitate for 1 minute to continue or increase QE if the stock market is coming under pressure as we move into the sequestration deadline at the end of the month. All that circus today did was to give them political cover to appear that they are considering withdrawing QE. We all know that will never happen. Seriously, who is going to service the debt if the Fed doesn’t monetize it?"
 
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