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Platinoid
Member since May 2012
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>Gold Tapering Hysteria  - Adam Hamilton - Zealllc
Perhaps the markets have already priced in the QE hysteria,
who knows, maybe this is the floor for metals, but I always
wonder if the Fed and FOMC can whip up a bit more hysteria
and pull the bull down another 22% with gold priced around
$1,000, and silver $16.

Yeah, a lot who got in around the top have left blood in the
streets. Does it make sense to buy metal now even if another 'Big Dip'
is looming due to residual hysteria?

If it would actually take a real interest rate of 6-7% to kill the metal bull,
and accounting for a real negative return today, then there's still a
lot of interest rate spread to cover.

Well, I just can't see NOT accumulating
at these prices.
Allocate outlays carefully, DCA all the way.

Speaking of Fed sponsored balloons:
if the Fed had put its balance sheet balloon into
today's Macy's Thanksgiving Parade, how many
times bigger than the Hindenburg would it have been?

Can you imagine "the humanity" when that baby
catches a bad spark?



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Beginning of the headline :Already beleaguered, gold suffered another sharp drop this week.When the minutes from the Federal Reserve’s latest policy meeting implied it might slow its QE3 bond-buying campaign “in coming months”, futures speculators responded with heavy selling.But their extreme gold bearishness is highly irrational, they are missing the forest for the trees.Taper or not, quantitative easing remains super-bullish for gold.Quantitative easing is the fancy name for the Fed’s massive and unprecedented bond-buy... Read More
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