Five days until Fed Tapers or not?

Discussion in 'Markets & Economies' started by TheEnd, Sep 13, 2013.

  1. TheEnd

    TheEnd Well-Known Member

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  2. Old Codger

    Old Codger Active Member Silver Stacker

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    "Business as Usual".

    If they EVER turn that $85 Billion into even $80 Billion, and hint at $75 Billion, the whole thing will tank!

    Much more likely to go to $95 or $100 Billion, and............


    OC
     
  3. jparrie

    jparrie Member

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    Gold hit a low of $1296.50 at 1146 CDT, then steadily rose to a peak of $1367.80 at 1553. Institutions started buying big at 1357 CDT. I don't know the exact time the announcement was made but buying was actually quite orderly. So there was some institutional buying before 1400 CDT.

    Contrast gold with the S&P, where at 1259 EDT there was a very large sell order, then one minute later at 1300 there were several large buy orders. That took the S&P from 1695 to 1713 in less than a minute.

    So I'm guessing that 1300 EDT (1400 CDT) was the time of the announcement.
     
  4. TheEnd

    TheEnd Well-Known Member

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    Wonder how long they will keep it at 85Billion? Very surprised they didn't say they will ramp it up to 100Billion? At least now everyone knows they're admitting things just ar'nt good over there.....How long is this QE going to go on for?
     
  5. willrocks

    willrocks Well-Known Member Silver Stacker

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    I'm a bit disappointed in how the metals have reacted. I'd have expected at least a 10% jump.
     
  6. Old Codger

    Old Codger Active Member Silver Stacker

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    CL,

    "The race to debase lives on"

    When you get down to it, that is what it is all about.


    OC
     
  7. Old Codger

    Old Codger Active Member Silver Stacker

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    CL,


    #27


    Ben Bernanke knows how to cure that.


    OC
     
  8. TheEnd

    TheEnd Well-Known Member

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    It may take a while for it to all set in......How long is this 'non-tapering' going to go on for.....Months/ years.....No body knows except them cos they're running the whole show?

    Just read an article where they're saying present QE could continue until 2015!
     
  9. Yeti Hunter

    Yeti Hunter Member

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    Link? I would be interested to read that!
     
  10. TheEnd

    TheEnd Well-Known Member

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    Can't find it now sorry....It was from a google search.
     
  11. perthsilver

    perthsilver Member Silver Stacker

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  12. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I've read fairly regularly that the Fed expects interest rates to remain where they are until about 2015. Nothing about QE
     
  13. TheEnd

    TheEnd Well-Known Member

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    Gees they're just going to let it all sit as it is are they? I would have thought after five years wait they would change something? Looks like we are set to experience some 'stagflation' for at least a few years then just like Japan did for twenty years?
     
  14. TheEnd

    TheEnd Well-Known Member

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    Its looking like we have to wait for the debt ceiling issues to be resolved before we really know whats going to happen?
     
  15. House

    House Well-Known Member Silver Stacker

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    Possibility of a 'small' taper in October;

     
  16. Old Codger

    Old Codger Active Member Silver Stacker

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    $10 says NO
     
  17. Simba

    Simba Member

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    Taper talk 4eva taper Neva...

    Only question is when they step up purchases... which should be hilarious as they will jawbone taper up to the day they QE5 it
     
  18. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    How many times does the Fed have to talk up the prospect of tapering before the market refuses to believe them?
     
  19. JulieW

    JulieW Well-Known Member Silver Stacker

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    1,2376,965

    About.
     
  20. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    We must be already closing in on that figure
     

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