FOMC minutes at 2pm today. they will have to signal to the market if QE will continue or end ~ may will be too late.
bill gross ~ the most connected man in bond finance ~ says they will end. if they end, be prepared for volume to return to the market. higher volume means only one thing to this market ~ lower prices!.
if they indicate QE3, then we will hit your 1388 ~ 1400 target.
i think with the price of wti @ 109, and brent @ 121 /brl, and silver at 39$, gold at 1450$ that the chair satan risks a US dollar unraveling, and margin compression and demand destruction from oil jumping to 150$ with QE3.
odds are they will indicate the end of QE for now.
Refresh page again, as I uploaded the wrong video last night before I went to bed. The correct “Monday Update” video is now showing. Sorry… I was tired and sleepy, so I hit the wrong button (I wonder if that’s how WW3 starts? A guy gets sleepy and hits the “nuke” LA button instead of “nuke my tv dinner”).
red,
FOMC minutes at 2pm today. they will have to signal to the market if QE will continue or end ~ may will be too late.
bill gross ~ the most connected man in bond finance ~ says they will end. if they end, be prepared for volume to return to the market. higher volume means only one thing to this market ~ lower prices!.
if they indicate QE3, then we will hit your 1388 ~ 1400 target.
i think with the price of wti @ 109, and brent @ 121 /brl, and silver at 39$, gold at 1450$ that the chair satan risks a US dollar unraveling, and margin compression and demand destruction from oil jumping to 150$ with QE3.
odds are they will indicate the end of QE for now.
Sorry gang,
I had to run some errands this morning, and just got back… did I miss anything? Anymore bears died? I know that the bulls didn’t… that’s for sure!
Ascending Triangle of Gold: http://niftychartsandpatterns.blogspot.com/2011/04/ascending-triangle-of-gold.html
Good Morning… anyone up? What say ye… odd going down into a Bernake day.
ES Chart: http://niftychartsandpatterns.blogspot.com/2011/04/es-support-and-resistance-lines.html
Well I sure hope that isn’t our only two options… with these options the “Donald” is looking really good!
Refresh page again, as I uploaded the wrong video last night before I went to bed. The correct “Monday Update” video is now showing. Sorry… I was tired and sleepy, so I hit the wrong button (I wonder if that’s how WW3 starts? A guy gets sleepy and hits the “nuke” LA button instead of “nuke my tv dinner”).
Interesting your last video…reminds me of some history lessons…when the Praetorian Guard and the Elite took control of Rome.
The problem with the Illuminati is, the modern world is quite different, and they have no idea how different it is.
Yes, except in Utah.
Better be careful, someone is going to call you Gold Goebbels, mein Freund.
Soon enough, Mother Nature will take care of everything…
Nice.