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Gold, silver, and crude are believers - all sharply higher following what's now being...

Gold, silver, and crude are believers - all sharply higher following what's now being interpreted as Bernanke setting the stage for more stimulus at the September FOMC meeting. GLD +1.3%, SLV +2.5%, USO +1.6%.
Comments (11)
  • robgra
    , contributor
    Comments (352) | Send Message
     
    The man said nothing of substance. The market makes hopium out of thin air.
    31 Aug 2012, 11:24 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9923) | Send Message
     
    Gold, silver, oil, and commodities are at least real .... unlike the dog and pony show that Bernanke and Draghi continually pump out to world markets.
    1 Sep 2012, 01:39 AM Reply Like
  • osanbat9
    , contributor
    Comments (9) | Send Message
     
    Rest assured that before the election, this administration will take steps to insure that some kind of action is taken to make the economy appear to be out of intensive care, and into the recovery room.
    31 Aug 2012, 02:49 PM Reply Like
  • Zorrro
    , contributor
    Comments (8) | Send Message
     
    I hope the bullish rise in gold is due to concrete fundamentals because if it is due to hints Fed Chairman Bernanke implied during his speech then I must be deaf and blind because I unfortunately did not see nor hear QE3 or some other Fed easing suggestions.

     

    Please help me understand.
    31 Aug 2012, 03:46 PM Reply Like
  • DLKeller
    , contributor
    Comment (1) | Send Message
     
    Better get on board or watch from the staton...
    31 Aug 2012, 05:08 PM Reply Like
  • jot4news
    , contributor
    Comment (1) | Send Message
     
    I predict NO QE period.
    31 Aug 2012, 05:45 PM Reply Like
  • JohnLocke
    , contributor
    Comments (381) | Send Message
     
    QE3 is for the People at Last!

     

    The Voters themselves need stimulus... errrm I mean The People need stimulus! Disregard that voter stimulus comment..

     

    The best stimulus is to put the money into every man woman and childs hands... If we limit it to just a few thousand dollars each we should not see any appreciable inflation then once it is spent the voters will be ... I mean the people will gain a sense of security.

     

    This rumor alone would be enough to get me re-elected... I mean this rumor would be enough to give the people Hope with some Change to spare...
    31 Aug 2012, 08:51 PM Reply Like
  • friscominermischief
    , contributor
    Comments (77) | Send Message
     
    Believers?

     

    Stupid.

     

    The Fed is openly talking about increasing the supply of paper... at a rate exceeding physical mine supply growth. Therefore the exchange rate between paper and bullion must shift to accommodate.

     

    Of course, Ben has already overseen the expansion of M2 by $618 billion in the past year... but since there was no press release I guess that means we all fall in line and agree that wasn't a QE-anything. Just par for the course.
    1 Sep 2012, 05:13 AM Reply Like
  • sean.parmelee
    , contributor
    Comments (790) | Send Message
     
    On big news days, if you watch the intraday movements of stocks, gold, oil, etc., gold seems to consistently be the "dumbest" of the markets. Fade the rally, but who's to say when it will put in a short-term top. Hopefully, this was it for now.
    1 Sep 2012, 11:25 AM Reply Like
  • silverhairedswede
    , contributor
    Comments (3) | Send Message
     
    Re: I'm counting on the laws of supply and demand for the real Silver, not on the paper silver. Ben is just a wart on the body of progress!
    2 Sep 2012, 10:10 AM Reply Like
  • silverhairedswede
    , contributor
    Comments (3) | Send Message
     
    I am a buy,bury and hold buyer for my offsprings future. They all buy G & S too!. My retirement is a full time job, so for the quick and simple ratio test, I use the gold/silver ratio.
    1 Oct 2012, 11:31 PM Reply Like
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