This is just an opinion, but I believe the Fed will try to reduce the amount of treasuries they purchase because if they don't, the dollar will go back into free-fall before their term on the Fed Board expires. In their rational self-interest they will sacrifice everything (the economy, markets, etc) in favor of maintaining control over the currency ratios to precious metals. Just a thought, maybe a trade is hidden in there.
I take it, you haven't been reading
any of my Living Posts and Replies...
I may Comment back on Any or All of my
338 Posts "or" Comments there-in... @pocketechange
Even if FED unwind the balance sheet, like they said they would by $10 billion per month quarterly, this is joke comparing all balance sheet which is 4 TRILLION. Lol.
That seems to be the general theme over the last few years since 2013.
But Gold and Silver are great to be stacking at this low price for when the next financial crisis hits. Which could be anytime now.
It can't go on forever.
The can has been kicked for far too long down that road.
Great video!, the next few months are often the best of the year, may as well make some money :) I am not buying right now though, I need a good down day first :)
I don't care how many people keep saying that this market is going higher, I ain't buying it. I don't trust it! I'm looking to short, at the sign of weakness.
This is just an opinion, but I believe the Fed will try to reduce the amount of treasuries they purchase because if they don't, the dollar will go back into free-fall before their term on the Fed Board expires. In their rational self-interest they will sacrifice everything (the economy, markets, etc) in favor of maintaining control over the currency ratios to precious metals. Just a thought, maybe a trade is hidden in there.
I take it, you haven't been reading
any of my Living Posts and Replies...
I may Comment back on Any or All of my
338 Posts "or" Comments there-in...
@pocketechange
... ...$7.77 ... ...1 vote ... ... .... Reset
You are correct, I have not been reading your posts. I read one just now.
Even if FED unwind the balance sheet, like they said they would by $10 billion per month quarterly, this is joke comparing all balance sheet which is 4 TRILLION. Lol.
Gold is going DOWN. Stock market UP. There you go,
That seems to be the general theme over the last few years since 2013.
But Gold and Silver are great to be stacking at this low price for when the next financial crisis hits. Which could be anytime now.
It can't go on forever.
The can has been kicked for far too long down that road.
Yup...
Again, thanks! Have a great Tuesday.
The mineral market is old hat, Gold is a useful conductor, nothing more.
Thanks Greg your a champ.
really amazing times we are living in.
Yup!!!!
I love your enthusiasm 😊
Good work Greg. You definitely called the melt up.
The Feds are running out of any options
Great video!, the next few months are often the best of the year, may as well make some money :) I am not buying right now though, I need a good down day first :)
I don't care how many people keep saying that this market is going higher, I ain't buying it. I don't trust it! I'm looking to short, at the sign of weakness.
Cannot buy US stocks for the sake of uncertainty... adding emerging markets instead. China, Russia, BRICS looking bullish