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Extending Operation Twist

PostPosted: Wed Jun 20, 2012 12:20 pm
by creshka46
So they're extending Operation Twist. Any thoughts on what this means for PM's in the coming weeks?

Re: Extending Operation Twist

PostPosted: Wed Jun 20, 2012 12:33 pm
by InfleXion
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.

Re: Extending Operation Twist

PostPosted: Wed Jun 20, 2012 5:47 pm
by Sterling Silver
The fundamentals, as I understand them, say every time money is created from thin air it ultimatley adds value to precious metals.

Re: Extending Operation Twist

PostPosted: Wed Jun 20, 2012 6:15 pm
by Jonflyfish
Its baked in the cake.

Cheers!