SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (39986)6/7/2006 2:07:29 AM
From: jcpolar  Respond to of 60911
 
Just posted an update on the blog and I noticed this evening that gold appears to have held up at a hidden pivot in the 622 area and now rallying. Could this be it? Lots of down trending resistance and everyone I talk to is very cautious. Perhaps time to be bold...



To: Wade who wrote (39986)6/7/2006 7:13:08 AM
From: TH  Respond to of 60911
 
Wade,

My guess is .25 with some extra long-winded jawboning about inflation headwinds. I expect they will tweak the inflation data before the June meeting to be just over their line of comfort, allowing them maximum flexibility to do what they want at the next FOMC.

Ben has to regain some credibility after his failed attempt to get Maria into bed <g>

GT
TH



To: Wade who wrote (39986)6/7/2006 8:12:40 AM
From: SwampDogg  Read Replies (3) | Respond to of 60911
 
<<Will he raise the rate by 0.5%? LOL>>

That may be why he made the comments
In the past the Fed has usually signalled the end of these long tightening cycles with a raise of 50 bps. If they did that and then said very clearly that they were on pause it may please both the bond and the equity market.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News