[TheNegotiator]

I don't reckon so for now. I think he was just giving markets what they wanted to hear. I really don't think BB wants to pump more stimulus into the US right now(surely?!?). Markets are still susceptible though as lots of things are uncertain. So if he said explicitly "We won't do QE3" there would probably be a bit of panic.

Silver looked to be pretty ballistic today btw. It does still look like it's in a bracket though and it should test it very soon. So we'll see whether it's going to start a new and stronger leg up.

[Tams]

Originally Posted by MadMarketScientist »

Ok here we go with QE3 ... everyone ready to ride this rocket up again?



Stocks jump as Bernanke details possible stimulus: Associated Press Business News - MSN Money

MMS

US election in less than 18 months...

they will keep pumping money into the economy until it looks good.
let the grandchildren's grandchildren worry about repayment,
enjoy the ride now.

[TheNegotiator]

Exactly Tams! If they keep devaluing the dollar like this oil will be sky high in 18 months. That will not go down well with americans. Maybe if europe gets slaughtered enough first though...

[zdo]

re this downdraft…
any time many ‘own’ an asset they really can’t afford to own…



AG, you ready to get bulletized again?