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by coindood » Wed Sep 16, 2015 3:16 pm
Is today's 50 cent jump in silver an anticipatory reaction to tomorrow's possible IR hike? Predictions on how much prices will jump should that happen? Or fall if they don't?
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coindood
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by InfleXion » Thu Sep 17, 2015 11:56 am
Generally the move prior to the announcement is the head fake that insiders use to generate profits after the news hits.
If they do raise rates, I expect metals to drop somewhat but not as much as equities.
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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InfleXion
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by beauanderos » Thu Sep 17, 2015 12:35 pm
41 more minutes and we shall see
we shall see
or
we shall see
or
we shall see
there, got all the bases covered
The Hand of God moves Worlds
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beauanderos
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by IdahoCopper » Thu Sep 17, 2015 1:54 pm
The verdict is..... drum roll.... no rate hike. Another round of brinkmanship.
How many more times can they lie about a rate hike that is impossible? Can kicked down the road one more time.
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IdahoCopper
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by coindood » Thu Sep 17, 2015 2:22 pm
IdahoCopper wrote:The verdict is..... drum roll.... no rate hike. Another round of brinkmanship.
How many more times can they lie about a rate hike that is impossible? Can kicked down the road one more time.
And yet silver at least has taken a modest upward turn since. What a wacky market.
And kudos IC for not throwing an extra S into "brinkmanship" like so many politicians and TV news talking heads do.
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coindood
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by IdahoCopper » Thu Sep 17, 2015 5:03 pm
coindood wrote:IdahoCopper wrote:The verdict is..... drum roll.... no rate hike. Another round of brinkmanship.
How many more times can they lie about a rate hike that is impossible? Can kicked down the road one more time.
And yet silver at least has taken a modest upward turn since. What a wacky market.
And kudos IC for not throwing an extra S into "brinkmanship" like so many politicians and TV news talking heads do.
"Brinksmanship" is successfully taking over a Brinks armored car, and getting away with the loot.
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IdahoCopper
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