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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.23+1.9%Jan 12 4:00 PM EST
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To: TobagoJack who wrote (30549)3/7/2008 11:13:45 PM
From: carranza2  Read Replies (3) of 219301
 
I am troubled by the $10 bn liquidity vacuum job done by the Fed today. Not consistent with previous policy at all. After injecting, it takes it out. Say what?

A big deal because a possible sea change. In other words, danger for commodity longs and financial shorts, esp. those long gold, i.e., you, me, etc.

Perturbing, disturbing, worthy of tea leaf interpretation, or not, but definitely not what I expected though it is the right thing macro-wise though counterintuitive.
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