The world's major central banks
unleashed coordinated action Wednesday to ease the increasing
strains on the global financial system, a move that sent stock
markets up sharply.
Posted by dylan398 on 30th of Nov 2011 at 11:08 am
the only way to fight the FED is to buy gold....Hard to believe
that they practically backstopped the EURO with the dollar...I'm
suprised congress will go along with this.
Posted by dukeseegers on 30th of Nov 2011 at 12:15 pm
The Fed is pretty much autonomous and doesn't really have to
answer to Congress, unfortunately. It's moments like this that
inspire the "audit the Fed" folks like Ron Paul. As time goes on,
the views of Paul & Co. are being vindicated.
It'll be interesting to watch the action in precious metals. As
was stated above the only way to fight the Fed as an individual is
to hitch a ride on the pm's.
Posted by marketguy on 30th of Nov 2011 at 11:21 am
99% of the US are freaking sheeple who have no idea what's going
on....btw we just DID bail out Europe via the IMF and our Fed
agreeing to this BS today....
as long as they are all getting their food stamps and welfare
they won't give a $hit....
Remember when we used to say "Don't Fight the Fed"
Posted by johnc on 30th of Nov 2011 at 11:06 am
Is it wise to fight this?
The world's major central banks unleashed coordinated action Wednesday to ease the increasing strains on the global financial system, a move that sent stock markets up sharply.
the only way to fight
Posted by dylan398 on 30th of Nov 2011 at 11:08 am
the only way to fight the FED is to buy gold....Hard to believe that they practically backstopped the EURO with the dollar...I'm suprised congress will go along with this.
"I'm suprised congress will go along with this"
Posted by dukeseegers on 30th of Nov 2011 at 12:15 pm
The Fed is pretty much autonomous and doesn't really have to answer to Congress, unfortunately. It's moments like this that inspire the "audit the Fed" folks like Ron Paul. As time goes on, the views of Paul & Co. are being vindicated.
It'll be interesting to watch the action in precious metals. As was stated above the only way to fight the Fed as an individual is to hitch a ride on the pm's.
Yep, all the printing of
Posted by matt on 30th of Nov 2011 at 11:11 am
Yep, all the printing of money to bail out Europe only helps gold
this has to be the
Posted by dylan398 on 30th of Nov 2011 at 11:19 am
this has to be the end game if they want to collapse the system. They would never get the American people to agree to bailout the European system
If I answer that... I will get nasty emails... LOL
Posted by zach06 on 30th of Nov 2011 at 11:21 am
99% of the US are
Posted by marketguy on 30th of Nov 2011 at 11:21 am
99% of the US are freaking sheeple who have no idea what's going on....btw we just DID bail out Europe via the IMF and our Fed agreeing to this BS today....
as long as they are all getting their food stamps and welfare they won't give a $hit....
GLD charts, the 150 MA
Posted by matt on 30th of Nov 2011 at 11:14 am
GLD charts, the 150 MA provided 2 nice opportunities one in Sept and one in Oct
here's a shorter term view, potential triangle forming here