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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
Sir Ignore
United States
Posts: 3068
11 years ago
Apr 4, 2011 22:14
Gun..ok...wud b interested in future moves as skulker ..
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 4, 2011 22:10
There is tremendous oposition to QE3 from some members of Congress, even finishing QE2 so who knows ?
Gunjack
London, UK
Posts: 1184
11 years ago
Apr 4, 2011 22:05
@Ignore - Haven't got any posns in GC or SI pal, can't admit to being as smart to have picked them up when they were better value for money. But just thinking logically abt QE3 tells me there in for a win/win ride either way
Sir Ignore
United States
Posts: 3068
11 years ago
Apr 4, 2011 21:52
So what is your trade in silver and gold. gunjack?
rim
Turkey
Posts: 121
11 years ago
Apr 4, 2011 21:40
Then stocks will go higher and so Oil price ,if Trichet hike ?
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 4, 2011 21:38
It would be a big mistake for them to hike, I have no doubt about that. Trichet is a prize bullshitter so anything can happen on thursday.
Gunjack
London, UK
Posts: 1184
11 years ago
Apr 4, 2011 21:32
@Rim well JCT and his PhD mafia seem to be talking v tough so it does look likely....unless he is one hell of a poker player
rim
Turkey
Posts: 121
11 years ago
Apr 4, 2011 21:28
So you say , ECB 0.25 hike inevitable under these circums.?
Gunjack
London, UK
Posts: 1184
11 years ago
Apr 4, 2011 21:27
@DaveO - In that worst case scenario precious metals wd hit astronomical levels and you could see a potential global financial restructuring...but far more likely is for the FED ponzi scheme to continue...either way does look like a win/win scenario for gold and silver bulls
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 4, 2011 21:26
Ashraf twittered over the weekend that he reckons we might see talk of QE3 in Q1 2012. That makes sense to me. By that time the next US recession will be on the horizon.