Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Fiat Ponzi

Like Tree2Likes
  • 2 Post By ILOVETRADING

Reply
 
LinkBack Thread Tools
Old 12-12-2012, 02:10 PM   #1
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
Market is flat

Looks like the market isn't impressed with todays FOMC anouncement.
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 12-12-2012, 02:16 PM   #2
Yellow Jacket
 
DCFusor's Avatar
 
Join Date: Nov 2011
Location: Floyd, Virginia
Posts: 1,682
Liked: 1233 times
Everything popped on the release, then dropped back on Ben actually talking - net kinda flat.

Luckily, I don't play "the market", but some individual issues. Bought a bunch of FCX when it got monkey-hammered the other day for buying some new resources. Up 3% in a couple days...that's the kind of trade that puts food on my table these days.
DCFusor is offline   Reply With Quote
Old 12-12-2012, 02:32 PM   #3
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
AGQ is rocking today.
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 12-12-2012, 02:34 PM   #4
Fly on the wall
 
Join Date: Nov 2012
Posts: 34
Liked: 17 times
Pshh.. f*ck FOMC I'm banking on PPHM and AMBS weeeeee TRADE AWAY
ILOVETRADING is offline   Reply With Quote
Old 12-12-2012, 02:55 PM   #5
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,027
Liked: 2449 times
You would think the gold and silver spot (futures) would have reacted stronger. I wonder if, since MF Global, PFG Best, etc., a lot of investors are going for physical instead of paper now.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 12-12-2012, 03:00 PM   #6
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,027
Liked: 2449 times
Dollar index back to 79.9 - where it was around 7am CST earlier this morning....
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 12-12-2012, 03:18 PM   #7
Fly on the wall
 
Join Date: Nov 2012
Posts: 34
Liked: 17 times
Originally Posted by PMBug View Post:
You would think the gold and silver spot (futures) would have reacted stronger. I wonder if, since MF Global, PFG Best, etc., a lot of investors are going for physical instead of paper now.
One could only hope it's physical (through the lesson they learned). If not, well, their fault again lol
white&yellow999 and ancona like this.
ILOVETRADING is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 08:46 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.