Page 1 of 1
I dare someone to explain this chart from 2PM on
Posted: Wed Oct 28, 2015 3:07 pm
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]
Re: I dare someone to explain this chart from 2PM on
Posted: Wed Oct 28, 2015 7:13 pm
by ochotona
Illuminati. Freemasons. Elvis.
Re: I dare someone to explain this chart from 2PM on
Posted: Wed Oct 28, 2015 8:18 pm
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
Re: I dare someone to explain this chart from 2PM on
Posted: Wed Oct 28, 2015 9:20 pm
by Cortopassi
Why did stocks drop initially then?
Re: I dare someone to explain this chart from 2PM on
Posted: Thu Oct 29, 2015 1:32 am
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.
Re: I dare someone to explain this chart from 2PM on
Posted: Thu Oct 29, 2015 2:13 am
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.
