Seeking Alpha

Metals are Precious

Metals are Precious
Send Message
View as an RSS Feed
View Metals are Precious' Comments BY TICKER:
Latest  |  Highest rated
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    Malls are packed ?? Are you serious. How many stores are actually empty where you live?? Empty means closed....

    You don't see people in despair either? No one you know is underwater on their mortgage?

    Not sure what planet you live on. Gold has jumped from 1k a few years ago to almost double that now...Guess no one is buying it huh..

    Wow.I also have plenty of friends by the way...

    map
    Sep 24 10:51 PM | 1 Like Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    Personally. i believe we never came out of the last recession...In fact this could be a nicely covered up Depression. Figures point to this being a possibility.

    Unemployment is closer to 20% than 8 %

    map
    Sep 24 10:45 PM | Likes Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    Maybe call it Socialization??

    map
    Sep 24 09:41 PM | Likes Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    HENDERSHOTT

    I agree with you. However where are we going to be because of it down the road???

    map
    Sep 24 09:39 PM | Likes Like |Link to Comment
  • The Fiscal Cliff: QE Slayer [View article]
    CLOUD9.5

    Not to mention BO is trying to knock the 2nd ammendment down as well. I also carry a few Degrees as well. Plus i might add i am a member of the NRA....

    When the second amendment was written it had nothing to do with fishing and hunting...Hell all were doing that to survive. It was written to protect us against governments..case closed.

    Come try and take my guns out of my house you will leave feet first my friends. I will do everything to protect my family. BO can try to tax ammunition and add a tax for the purchase of guns. But most were smart and bought heavily already before this next election.

    map
    Sep 24 08:17 PM | 1 Like Like |Link to Comment
  • QuickChat #245, September 24, 2012 [View instapost]
    K202

    No argument from me because i follow Mike Maloney from goldsilver.com and read his book. Even he isn't sure if deflation would hit first before inflation or hyperinflation.I appreciate you taking the time to show your thoughts..

    Thanks
    MAP
    Sep 24 07:44 PM | 2 Likes Like |Link to Comment
  • QuickChat#244, September 17, 2012 [View instapost]
    FOCAL

    I read somewhere that in the 70's we had close to 60 news agencies, now we are down to about 6 tops..Easy to control 6 rather than 60..

    Wish i kept the posting..

    map
    Sep 24 07:38 PM | 2 Likes Like |Link to Comment
  • QuickChat#244, September 17, 2012 [View instapost]
    Joseph

    I ran it though SNOPES and it looks like this posting by me was a fabrication . The author said he never wrote it, Sorry for the mis facts.
    But it looks like some numbers just didn;t add up.

    MAP
    Sep 24 07:35 PM | 2 Likes Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    What i get out of that comment is that i am buying more phyical metals..That comment scares me half to death!!

    If it is suppose to work then why hasn't it been used in every recession?

    map
    Sep 24 07:33 PM | Likes Like |Link to Comment
  • QuickChat #245, September 24, 2012 [View instapost]
    Robert

    Got Metals....Because when all those people take heavy losses from this market and if inflation also starts to take off. Look out below..

    map
    Sep 24 02:04 PM | 2 Likes Like |Link to Comment
  • QuickChat #245, September 24, 2012 [View instapost]
    K202

    Well maybe the markets are ready to reverse? Thought what you posted in last chat would have some legs...Guess it doesn't matter much anymore.

    mp
    Sep 24 01:50 PM | 1 Like Like |Link to Comment
  • Despite reducing pension benefits for their public-sector retirees and compelling workers to make bigger contributions, states have cut just $100B of the $900B funding crater in their pension plans, the WSJ reports. One problem is that assumed investment returns have been reduced because of market volatility, while another is that many states are introducing the changes for new hires only. [View news story]
    PWDRSKIR

    Thanks for finding this out...

    map
    Sep 24 01:36 PM | Likes Like |Link to Comment
  • QuickChat#244, September 17, 2012 [View instapost]
    If mining is slowing then you would think that the physical should go up in price, although it is minor tonight, silver is still over 34 bucks..Gold down only 10 bucks...But maybe some profit taking is going on.
    Sep 24 12:33 AM | 1 Like Like |Link to Comment
  • QuickChat#244, September 17, 2012 [View instapost]
    So why are commodities falling when more money is being printed??

    map
    Sep 24 12:09 AM | 2 Likes Like |Link to Comment
  • The Fiscal Cliff: QE Slayer [View article]
    Sunday, September 23, 3:39 AM The Senate yesterday authorized a $500B spending bill that will finance the government for half a year from October 1, adding to approval from the House. Congress has now broken up ahead of the elections on Nov. 6, leaving plenty of unfinished business. That includes measures to forestall the "fiscal cliff" and a renewal of the farm bill. WOW....
    Sep 23 10:34 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
713 Comments
160 Likes