Stocks remain lower following the more hawkish tone from the FOMC, with a benign loss in the Dow...


Stocks remain lower following the more hawkish tone from the FOMC, with a benign loss in the Dow masking more substantial drops in the S&P (-0.5%) and the Nasdaq (-0.7%). Gold (GLD -2.2%) and silver (SLV -3%) leg down to new lows for the session. Bond prices fell on the release, but have now turned positive, TLT +0.1%.

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Comments (3)
  • sikkabooyah
    , contributor
    Comments (457) | Send Message
     
    It's truly a blessing that Cramer brought out his chart yesterday (2/19/13) and made a compelling case for his home-gamers to exit their positions in GLD.

     

    Fortunately, I didn't wait around for Cramer to belabor the obvious. George Soros saw the handwriting on the wall more than a week earlier.

     

    When Soros speaks, I listen.

     

    When Cramer speaks, I turn off the audio. It's video only with Mad Money; 'cause that's the only way I can preserve my sanity. Even then....
    20 Feb 2013, 04:12 PM Reply Like
  • lwhittin
    , contributor
    Comments (10) | Send Message
     
    I wonder how much physical gold Mr. Soros picked up after hammering the market price.
    21 Feb 2013, 05:12 AM Reply Like
  • George Bliss
    , contributor
    Comments (4) | Send Message
     
    Luv it!! Time to buy more physical.
    21 Feb 2013, 07:02 AM Reply Like
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