Comments on: FOMC/US$/gold http://www.ritholtz.com/blog/2009/11/fomcusgold/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 07:16:03 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Market Talk » Blog Archive » Don’t Expect Fed To Undermine Fragile Recovery http://www.ritholtz.com/blog/2009/11/fomcusgold/comment-page-1/#comment-231762 Market Talk » Blog Archive » Don’t Expect Fed To Undermine Fragile Recovery Tue, 03 Nov 2009 19:01:59 +0000 http://www.ritholtz.com/blog/2009/11/fomcusgold/#comment-231762 [...] is a key word to watch, according to Miller Tabak equity strategist Peter Boockvar. The Fed’s last statement said rates would stay at “exceptionally low levels” and [...] [...] is a key word to watch, according to Miller Tabak equity strategist Peter Boockvar. The Fed’s last statement said rates would stay at “exceptionally low levels” and [...]

]]> By: yankee19 http://www.ritholtz.com/blog/2009/11/fomcusgold/comment-page-1/#comment-231716 yankee19 Tue, 03 Nov 2009 15:54:38 +0000 http://www.ritholtz.com/blog/2009/11/fomcusgold/#comment-231716 Huge gold breakout today! Huge gold breakout today!

]]> By: yankee19 http://www.ritholtz.com/blog/2009/11/fomcusgold/comment-page-1/#comment-231697 yankee19 Tue, 03 Nov 2009 15:06:19 +0000 http://www.ritholtz.com/blog/2009/11/fomcusgold/#comment-231697 emmanuel117 - that's pretty funny... That's a pretty position to get stopped out of, don't you think?!?!? emmanuel117 – that’s pretty funny… That’s a pretty position to get stopped out of, don’t you think?!?!?

]]> By: emmanuel117 http://www.ritholtz.com/blog/2009/11/fomcusgold/comment-page-1/#comment-231689 emmanuel117 Tue, 03 Nov 2009 14:40:10 +0000 http://www.ritholtz.com/blog/2009/11/fomcusgold/#comment-231689 @yankee19 The real question is... Being a market-timer, does the RBI use a stop-loss to protect its investment? @yankee19

The real question is…

Being a market-timer, does the RBI use a stop-loss to protect its investment?

]]> By: davossherman@gmail.com http://www.ritholtz.com/blog/2009/11/fomcusgold/comment-page-1/#comment-231685 davossherman@gmail.com Tue, 03 Nov 2009 14:32:18 +0000 http://www.ritholtz.com/blog/2009/11/fomcusgold/#comment-231685 I heard on Financial Sense News Hour (10.31.2009 part 1 a 00:58 minute point) that for every trillion created with Quantitative Easing it will be reflected by a $4,000.00 an ounce in gold. Health Care is on it's way, the states have managed to wrack up a half trillion in debt and I'm sure Goldman's Cap-and-Trade will be piled on. And for reform? Well the last minutes of Frontline's "Warning" made it clear that these 535 whores (save for a few like Ron Paul) are down on their knees doing whatever the lobbyist tell them to do. I heard on Financial Sense News Hour (10.31.2009 part 1 a 00:58 minute point) that for every trillion created with Quantitative Easing it will be reflected by a $4,000.00 an ounce in gold.

Health Care is on it’s way, the states have managed to wrack up a half trillion in debt and I’m sure Goldman’s Cap-and-Trade will be piled on.

And for reform? Well the last minutes of Frontline’s “Warning” made it clear that these 535 whores (save for a few like Ron Paul) are down on their knees doing whatever the lobbyist tell them to do.

]]> By: yankee19 http://www.ritholtz.com/blog/2009/11/fomcusgold/comment-page-1/#comment-231678 yankee19 Tue, 03 Nov 2009 14:15:03 +0000 http://www.ritholtz.com/blog/2009/11/fomcusgold/#comment-231678 Then again, Central Banks have historically been terrible market timers when it comes to gold. Then again, Central Banks have historically been terrible market timers when it comes to gold.

]]> By: yankee19 http://www.ritholtz.com/blog/2009/11/fomcusgold/comment-page-1/#comment-231676 yankee19 Tue, 03 Nov 2009 14:14:30 +0000 http://www.ritholtz.com/blog/2009/11/fomcusgold/#comment-231676 Apparently the average price the RBI paid was $1,045/oz. Does this set the new floor for gold @ $1,045? Obviously no one knows, but just as selling a home can set the market price for other homes in the neighborhood, perhaps this sets the market for gold? Apparently the average price the RBI paid was $1,045/oz. Does this set the new floor for gold @ $1,045? Obviously no one knows, but just as selling a home can set the market price for other homes in the neighborhood, perhaps this sets the market for gold?

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