Realcent.org

Base Metal & Precious Metals Forum

Skip to content

Extending Operation Twist

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
Post a reply

Extending Operation Twist

Postby creshka46 » Wed Jun 20, 2012 12:20 pm

So they're extending Operation Twist. Any thoughts on what this means for PM's in the coming weeks?
Pennies: $4200 - (0) indians - (5)steel - (1) George V Canadian
Nickels: $6500 - (62)war - (23)buf - (1)V nic - (4) key date jeff's
Dimes: $5000 - (24)roos - (2)merc - (2)AgCAN
Halves: $8000 - (7)'64 - (33)40% - (1)walker
User avatar
creshka46
Penny Hoarding Member
 
Posts: 724
Joined: Wed Jun 01, 2011 6:19 pm
Location: Spokane, WA
Top

Re: Extending Operation Twist

Postby InfleXion » Wed Jun 20, 2012 12:33 pm

If last time was any indication this move is not overly bullish, and mainly just helps prevent things from going bearish so that they can postpone more outright QE further into the future. All they're doing is swapping treasuries for treasuries as opposed to creating new money to buy new ones.
Silver: the Rodney Dangerfield of precious metals.

If it's printed on a piece of paper it's worth the paper it's printed on.
If it's a digital asset it's worth the electrons in cyberspace.
User avatar
InfleXion
Penny Hoarding Member
 
Posts: 575
Joined: Wed Jun 20, 2012 12:32 am
Location: Puget Sound
Top

Re: Extending Operation Twist

Postby Sterling Silver » Wed Jun 20, 2012 5:47 pm

The fundamentals, as I understand them, say every time money is created from thin air it ultimatley adds value to precious metals.
"I can tell your fancy, I can tell your plain.
You give something up for everything you gain.
Since every pleasures' got an edge of pain,
Pay for your ticket and don't complain." Bob Dylan
User avatar
Sterling Silver
Penny Sorter Member
 
Posts: 76
Joined: Tue Jun 19, 2012 2:38 pm
Location: West Melbourne, Florida
Top

Re: Extending Operation Twist

Postby Jonflyfish » Wed Jun 20, 2012 6:15 pm

Its baked in the cake.

Cheers!
User avatar
Jonflyfish
1000+ Penny Miser Member
 
Posts: 1717
Joined: Tue Dec 16, 2008 10:00 am
Location: USA
Top
Post a reply

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 98 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group