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

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isopatch

To: isopatch who wrote (194599)	1/20/2016 2:22:25 PM
From: JimisJim	2 Recommendations Read Replies (2) of 206184

Agreed... at least a tradable bottom in PMs... but I don't trade them anymore... just sitting on numismatic stuff bought some years ago... <Leave the interest rate hike in place but launch another mega tsunami of QE! > I was thinking the exact same thing this week... the Fed won't want to admit they screwed up on the rate hike timing less than 2 months into it... not to mention it would probably just be another "pushing on a string" moment to lower again... everyone will be screaming for them to do something and the only other thing that they seem to be comfortable doing (probably because not many people pay attn. to it or understand it) is turning the QE pump back on... of course, all of the other CBs will simply ratchet their QE up even more... at this point, even a significant "easing" and QE in China might not bring the desired result -- but it might help stabilize things... for "awhile"... Meanwhile, the march to free oil and gas continues apace... as the old saw goes: "if present trends continue..." we'll pull up to the gas pump and they will pay us to fill our tanks (and help empty theirs of the worthless stuff!)...

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