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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Salt'n'Peppa who wrote (156687)	9/8/2011 8:46:31 PM
From: ChanceIs	Read Replies (2) of 206093

>>>Are we now primed for a fall rally? QE3 has arrived!<<< Point of order. What Obama does in "fiscal policy." The Bernank handles the "monetary policy," albeit at the bequest of the TBTF banks. One has to wonder however how Obama will get his $450 billion. There is some talk of an infrastructure bank. If that is the case, then QEIII might take the form of the FED putting up the "stockholders' equity." Those monies will not flow as directly into the equity markets as has been the case with QEI and QEII. I am more concerned with another market tank based upon the inevitable Euro implosion. Did I see Greek debt yielding above 80% this AM? In the long run, this latest move on Obama's part will drive up nominal crude prices. I fear the Euro directed short term and am staying on the sidelines except for my precious metal longs and bank shorts.

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