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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.

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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
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creshka46
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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.
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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
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Re: Extending Operation Twist

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

Its baked in the cake.

Cheers!
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