Riding The Pm Rollercoaster (Spike Caused By Qe3) - Page 2

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Author	Replies: 20 / Views: 2,458	Page: of 2

BH1964 Bedrock of the Community United States 10982 Posts	Posted 09/13/2012 4:28 pm $34.70 for now. $40 by the end of the year looks very likely. If The Fed continues to dump $40 billion/month into the kitty every month for the next 12 months? We'll see $50 next year. ANA #R3154474 Report this Post to the Staff
Shirayasha Valued Member United States 141 Posts	Posted 09/14/2012 04:14 am I am on the ride for good, not gonna sell on these spikes. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 09/14/2012 5:08 pm Quote: Wow. Didn't think they'd actually pull the pin on that grenade anytime soon. That was my 1st thought too, Barry, yet the more I thought about this being just the wrong move at just the wrong time, it suddenly made sense to me that they would do it. I also can't believe all the Fed Kool-aid drinkers in the press these days. Our local rag is filled with all sorts of comments about this being a "bold", "decisive", or "aggressive" move on the part of the Fed. WHAT? This is nothing but money printing that will make all of the dollars that any of us have saved worth LESS than they were 2 days ago! Uncle Ben just put his hand into our retirement funds and scooped up some of the buying power that many of us have worked so long and so hard to accumulate. Well, gee... thanks. Next time I need something similar I will just go sit on a sharp stick. Report this Post to the Staff
Eupion Valued Member United States 117 Posts	Posted 09/15/2012 12:00 am I guess it's time to hurry up and fine a cheap home. It's so hard to save up for a home, and also be in the PM game. LOL. So doesn't work out, since I tend to spend more then I want, each time I go to a convention or a nice shop or a great deal anywhere. The way I see it, they're trying to recover the old home prices by destroying the US dollar value. It makes sense to me, in my non-experienced simple mind. But at this point, I've decided to work on the home a bit harder, since what's the point, if my place gets robs tomorrow. It's really not where I want to be, when SHTF, stupid Los Angeles. You might think your safe, but if you remember the LA riots, think of that, but everywhere. Someone want to donated an empty military silo or bunker? haha. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 09/16/2012 6:07 pm Quote: Someone want to donated an empty military silo or bunker? haha. The way that things are going today, those just might be the only real estate items that are still in high demand! Report this Post to the Staff
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