SAR 0.00% $4.69 saracen mineral holdings limited

itchy trigger finger

  1. 8,033 Posts.
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    Funny

    I do smell something fishy here

    The Numbers in the US are bad
    Certainly in the last 2 months worth are

    Really not a reason at all too cut stimulas

    So what will happen at the Fed Meeting

    Will they be patting each other on the back
    Saying how well the economy is performing

    I wouldn't think so
    The low participation rate is costing the government
    billions in Revenue

    If they are fair dinkum
    They would leave things unchanged
    And be ready for further stimulas if required

    I am thinking this sell down is a manipulation

    I have decided to start buying on Tuesday

    What is the worse that could happen
    FED tapers $20 billion

    I think that has been factored in already

    If the SP heads down the debt ceiling will bring the SP up again


    Things to remember
    Gold usually heads up this time of year
    And after the debt ceiling has been signed off again
    We will be flying without parachutes
    Meaning if the US economy is in recovery
    Then the POG will fall
 
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