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View Full Version : Gold down sharply since PPP poll results announced




brandon
12-13-2011, 02:18 PM
Coincidence? Most likely. Still funny.

I wonder how Paul getting elected will effect the price of gold. Any thoughts?

Xenophage
12-13-2011, 02:21 PM
Big drop in price.

Xenophage
12-13-2011, 02:21 PM
Rally around the dollar.

Bern
12-13-2011, 02:23 PM
FOMC meeting announced no QE.

Aratus
12-13-2011, 02:25 PM
keynes or hayek would know why... it dipped. or both dudes!

Seraphim
12-13-2011, 02:27 PM
This.

QE won't be announced again until a major panic occurs.

It might take an 8000 DOW for that to occur. QE has become politically unpopular and therefore will be avoided (publicly) until people feel like their testes are stuck in a vice.

QE IS happening in a stealth manner, every day...but as far as all out money pumping scheme goes...that will take another panic.


FOMC meeting announced no QE.

Aratus
12-13-2011, 02:46 PM
animal spirits = keynes
fatal conceit = hayek
both at once = madness

RileyE104
12-13-2011, 03:29 PM
No, PM's have been falling since about mid-November now...

I guess you could say more recently they've been falling since early, early December, but to be specific, they're down from what they were in mid-November..