Blah blah blah... we are going to do what we have to do to manipulate the curve and keep Goldilocks in play... blah blah blah.
"The Committee also decided to continue its program to extend the average maturity of its holdings of securities as announced in September. The Committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate to promote a stronger economic recovery in a context of price stability."
http://www.biiwii.blogspot.com
http://www.biiwii.com
"The Committee also decided to continue its program to extend the average maturity of its holdings of securities as announced in September. The Committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate to promote a stronger economic recovery in a context of price stability."
http://www.biiwii.blogspot.com
http://www.biiwii.com
You see that frickin' hammerblow torque that hit silver and GDXJ right at 12:32?
ReplyDeleteMeanwhile SPY and QQQ didn't flinch, VXX didn't flinch, copper did nothing....
I'm sorry Gary, I've tried to avoid the tinfoil, but I can no longer watch this market without my mind jumping to conclusions about JP Morgan, The Lizard People, Bohemian Grove, CFR, and Hillary as the AntiChrist.
Don't apologize to me IWNATTOS. Manip is there and it is systematic. And we are still going to win. It's why all this being at war imagery does the gold 'community' no good. Their tattered little army is trying to play on Satan's terms. Got to use gorilla warfare.
DeleteWhy did it take you so long for Hillary as the AntiChrist.
DeleteI thought that was self evident from day 1.