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Re: Taper Predictions?

Posted: Thu Sep 19, 2013 9:12 am
by dualstow
Thomas Hoog wrote: :) I like the dog, maybe he/she wants to become our mascotte ? Does it has a name ?
Name is "Spot." I hope he continues to rise.

Re: Taper Predictions?

Posted: Thu Sep 19, 2013 9:39 am
by MediumTex
dualstow wrote:
Thomas Hoog wrote: :) I like the dog, maybe he/she wants to become our mascotte ? Does it has a name ?
Name is "Spot." I hope he continues to rise.
I thought maybe we could name it "Chaps."

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 4:54 am
by Thomas Hoog
MediumTex wrote:
dualstow wrote:
Thomas Hoog wrote: :) I like the dog, maybe he/she wants to become our mascotte ? Does it has a name ?
Name is "Spot." I hope he continues to rise.
I thought maybe we could name it "Chaps."
Quess that not being native English, I'm missing the clue.
However "spotting": "alle asset classes are up" is more easy to pronounce than "chapsing".

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 5:39 am
by dualstow
Thomas Hoog wrote: Quess that not being native English, I'm missing the clue.
However "spotting": "alle asset classes are up" is more easy to pronounce than "chapsing".
Hi Gerard. I'm sure that in the Netherlands you have a few common names for dogs that keep coming up. I've only met two Dutch dogs, but they had English names. In the States, there used to be a lot of dogs named Spot, Fido (too close to Fidelity), and Patch.

I picked Spot because it alludes to the spot price of gold, hence, "I hope he will continue to rise." A play on words. Those dogs are not necessarily spotters. Sometimes, they just have a cute spot of black around the eye on predominantly white fur.

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I like Chaps, MT.  :)

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 10:08 am
by MediumTex
dualstow wrote: I like Chaps, MT.  :)
I'm trying to interpret the Fed's latest statement.

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Re: Taper Predictions?

Posted: Fri Sep 20, 2013 11:35 am
by buddtholomew
It appears as though the FED is backtracking on their non-taper as the gold market has completely reversed its course to the downside.

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 12:21 pm
by Mdraf
I think that's their way to trash gold which they try to do every time it goes up quickly.
High gold = low dollar = higher interest payments on the debt

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 12:27 pm
by Kshartle
buddtholomew wrote: It appears as though the FED is backtracking on their non-taper as the gold market has completely reversed its course to the downside.
Buy the gold people are selling. The FED is bluffing about taper. If they were going to taper they would have this week.

The economic data is not going to get better and they know it.

Gold might go down in the short run so don't put yourself in too much stress if you can't take it though - my opinion. I can't handle more than 40-50% in it but I'm comfortable there for now. If it explodes I'll have to start selling.

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 12:39 pm
by Kshartle
TennPaGa wrote:
buddtholomew wrote: It appears as though the FED is backtracking on their non-taper as the gold market has completely reversed its course to the downside.
Did the Fed say they were backtracking?  I haven't seen any such remark.  Do you have a link?
I work from home and keep CNBC on. I think I saw some headlines that the FED is now saying they think they'll taper in Dec but I don't have a quote.

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 12:43 pm
by Mdraf
Apparently the Fed's Bullard walked back some of the things Bernanke said. Their credibility now is a mess.

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 12:53 pm
by Kshartle
Mdraf wrote: Apparently the Fed's Bullard walked back some of the things Bernanke said. Their credibility now is a mess.
If they ever had any it was only to the reubs....no offense reub.

Re: Taper Predictions?

Posted: Fri Sep 20, 2013 1:00 pm
by MediumTex
Kshartle wrote:
Mdraf wrote: Apparently the Fed's Bullard walked back some of the things Bernanke said. Their credibility now is a mess.
If they ever had any it was only to the reubs....no offense reub.
An image of this guy popped into my head as the new Fed spokesman.

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Re: Taper Predictions?

Posted: Fri Sep 20, 2013 5:18 pm
by Reub
Kshartle wrote:
Mdraf wrote: Apparently the Fed's Bullard walked back some of the things Bernanke said. Their credibility now is a mess.
If they ever had any it was only to the reubs....no offense reub.
Hey! Watch your spelling! :)