#1 Mon, Mar 19, 2012 - 12:22pm
I Think A QE Announcement Is Coming And Here Is Why...
1. Interest rates are beginning to rise. Need new funds to continue rate suppression (keep rates near 0)
2. The dollar index is near 80. It is the dollars "turn" to be devalued:
https://www.goldseek.com/quotes/charts/usdollar/usdollarindex24hour.php
3. Gold was suspiciously knocked down last week to 1650:
https://www.kitco.com/scripts/hist_charts/daily_graphs.cgi
4. Its an election year, and Obama will likely win the election based on 2 items:
-- Conflict with Iran this summer
-- New nominal highs in the stock market
My timeframe for the QE Announcement is this spring or summer. That is the timeframe that would work out best for the Status Quo.
Edited by: lilbromarky1 on Nov 8, 2014 - 5:02am