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Title: The FED (Wed. 9/18)
Source: [None]
URL Source: [None]
Published: Sep 18, 2013
Author: moi
Post Date: 2013-09-18 14:35:07 by Jethro Tull
Keywords: None
Views: 109
Comments: 7

Today, the FED kept QE in place, despite the conventional wisdom that the economy is on the mend and a tapering of government bond buying would begin. This means interest rates will remain artifically depressed, and the value of any company on the DOW is completely unknown related to a monthly injection of $85 billion dollars per month. The news caused gold and silver to pop, while the 10-year T-bill tumbled. What this means to me is that Obamanomics has been a massive FAIL and out debt and deficits will continue to grow until this Wall Street bubble bursts. Look out below.....

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Begin Trace Mode for Comment # 5.

#1. To: Jethro Tull (#0)

Ordered at 1300.40.

Lod  posted on  2013-09-18   14:39:51 ET  Reply   Untrace   Trace   Private Reply  

Ordered at 1300.40.

Can I borrow your crystal ball?

Jethro Tull  posted on  2013-09-18   14:46:35 ET  Reply   Untrace   Trace   Private Reply  

It would have been better had I not been on hold so long.

I guessed that when I saw both metals and markets going red at the same time it was time to make the call...just a gut reaction to the way the traders operate.

Buying all the way up to 1800, I'll dang sure buy it down as low as they want to take it.

Lod  posted on  2013-09-18   14:53:37 ET  Reply   Untrace   Trace   Private Reply  

Good plan given the FEDs hesitancy to take it's foot off the gas pedal. Me? All I can until Thanksgiving then I hunker down like a Pennsyltucky bear for the winter.

Jethro Tull  posted on  2013-09-18   15:00:39 ET  Reply   Untrace   Trace   Private Reply  

Just be ready as possible for the 13-14 November electric-grid test/drill.

Lod  posted on  2013-09-18   15:11:20 ET  Reply   Untrace   Trace   Private Reply  

#6. To: Lod (#5)

Holy shit. Gold's up 53 bux.

Esso  posted on  2013-09-18 15:56:44 ET  Reply   Untrace   Trace   Private Reply  

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