Just a few facts to think about before making certain comments.
If and I do say IF the Fed was to announce QE3 the market would have some idea of it coming.
Either treasury or the Federal reserve would be sitting in the market and loading up on stocks , commodities or bonds.
It gives them fire power to make gains which flow back to the government and of coarse to Tax payers.
As always when this is the case treasury will use Goldman's and the Fed use JPM to do there bulk work and get it ahead to the market.
This isn't happening at the present time, so its only my view but you do need to stop listening to analysts who are beating there own drum on Commodities.
If gold was as strong as analysts are suggesting then gold wouldn't be at these levels.
Gold is a commodity not a currency and the fact that money hasn't run to gold this time around has got to warn you that the safe heaven idea of gold is finished.
This bullshit that gold will explode to $3000 this year is a very irresponsible comment to make.
I fear that this idea that gold will be the only currency standing is a joke ..
Sorry not out to offend but you need to realise that this isn't so .
I'll mortgage everything I have if gold get above $1800
save your money and live to fight another day, I wouldnt be pumping more money into loosing positions.
Ask yourself this if the people who have been making these comments run funds ask to see there performance in the last 6 months.
If they are that brave to make comments like that then they wont have an issue with you looking at there returns for the past 6 months..
Or better still you send me the fund names and I'll find out through a friend of mind who is a Fund of Funds.
Just my personal view.
If and I do say IF the Fed was to announce QE3 the market would have some idea of it coming.
Either treasury or the Federal reserve would be sitting in the market and loading up on stocks , commodities or bonds.
It gives them fire power to make gains which flow back to the government and of coarse to Tax payers.
As always when this is the case treasury will use Goldman's and the Fed use JPM to do there bulk work and get it ahead to the market.
This isn't happening at the present time, so its only my view but you do need to stop listening to analysts who are beating there own drum on Commodities.
If gold was as strong as analysts are suggesting then gold wouldn't be at these levels.
Gold is a commodity not a currency and the fact that money hasn't run to gold this time around has got to warn you that the safe heaven idea of gold is finished.
This bullshit that gold will explode to $3000 this year is a very irresponsible comment to make.
I fear that this idea that gold will be the only currency standing is a joke ..
Sorry not out to offend but you need to realise that this isn't so .
I'll mortgage everything I have if gold get above $1800
save your money and live to fight another day, I wouldnt be pumping more money into loosing positions.
Ask yourself this if the people who have been making these comments run funds ask to see there performance in the last 6 months.
If they are that brave to make comments like that then they wont have an issue with you looking at there returns for the past 6 months..
Or better still you send me the fund names and I'll find out through a friend of mind who is a Fund of Funds.
Just my personal view.
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