I dare someone to explain this chart from 2PM on

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Cortopassi
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I dare someone to explain this chart from 2PM on

Post by Cortopassi »

Fed gets a bit more hawkish.... gold drops, stocks drop, bonds flat.... then a rocket for stocks.

Don't get me wrong, I am 25% in stocks of course, but I really would like some explanation that ideally doesn't involve paper gold, plunge protection team, etc.  Is there any?

[img width=800]http://i.imgur.com/ruMB2CC.jpg[/img]
Last edited by Cortopassi on Wed Oct 28, 2015 3:41 pm, edited 1 time in total.
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ochotona
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Re: I dare someone to explain this chart from 2PM on

Post by ochotona »

Illuminati. Freemasons. Elvis.
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buddtholomew
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Re: I dare someone to explain this chart from 2PM on

Post by buddtholomew »

FED hints at a rate hike in December. The natural reaction is the economy is strong enough to justify a rate hike. Stocks rise, gold and treasuries fall (as usual).

I found a way to enjoy this. Hold more stocks. Now I'm not worried about gold going down because equities at a higher percentage overcome the losses.

Gold and treasuries are for suckers  ;)
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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Cortopassi
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Re: I dare someone to explain this chart from 2PM on

Post by Cortopassi »

Why did stocks drop initially then?
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MachineGhost
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Re: I dare someone to explain this chart from 2PM on

Post by MachineGhost »

Cortopassi wrote: Don't get me wrong, I am 25% in stocks of course, but I really would like some explanation that ideally doesn't involve paper gold, plunge protection team, etc.  Is there any?
Sell the news.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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lordmetroid
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Re: I dare someone to explain this chart from 2PM on

Post by lordmetroid »

As a swede I could see the USD skyrocket so the price of gold in USD had to be pushed down because there was no change in demand for gold.
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