Navigation

Prev Story | Next Story

  • Bernanke: Challenges in Housing and Mortgage Markets

    From federalreserve.gov

    Read Full Story at federalreserve.gov

    Good afternoon. I'd like to thank John Bryant and Operation HOPE for inviting me to speak today. I'd also like to congratulate Operation HOPE and the Ebenezer Baptist Church on the grand opening of the HOPE Financial Dignity Center, which holds the promise of becoming a tremendous resource for the people of Atlanta and sits next to Martin Luther King's home church. Dr. King's legacy to our society is strong and enduring, and the new center is very much in the spirit of his work. The past few years have been difficult for many Americans and their communities. At the Federal Reserve, we understand the ... (full story)

    • belief81

      76 posts
    • Quoting sniper619
      nthg
      USD or EUR???????????

    • Zerd

      184 posts
    • Test fibo 38.2 ~ 1701 USD. Then can up but not sure

    • belief81

      76 posts
    • Quoting donny 1986
      UP
      Quoting donny 1986
      UP
      EUR or USD??????

    • RabbitWolf
      RabbitWolf's Avatar

      5 posts
    • Eu go up till 1.2800
      Quoting belief81
      USD or EUR???????????

    • anilamil

      171 posts
    • bernanke not saying about fiscal cliff
      Quoting Ijaz Anwar
      why buy gold?

    • sheety

      146 posts
    • 32.30 below dont be long in silver
      short gold near 1718 with sl 1722 tgt 1698

    • ullukboy
      ullukboy's Avatar

      9 posts
    • Quoting mendiemp
      Buy gold
      why buy gold ???

    • KevinThomas

      353 posts
    • Guys, just sell EU or EJ... Don't Buy!!

    • Ijaz Anwar

      312 posts
    • Quoting anilamil
      bernanke not saying about fiscal cliff
      let him to complete

    • vni

      10 posts
    • been already on the movement

    • sheety

      146 posts
    • Plz give me link bernanke speech

    • anilamil

      171 posts
    • Quoting sheety
      Plz give me link bernanke speech
      just click full story in the title

    • Gulfam

      6 posts
    • The downside penetration of 1717 will call for 1711 & 1702 and may be below 1700 from current position. overall looking weak so avoid buy

    • tradewind

      34 posts
    • A true bureaucrat, many words that say absolutely nothing.

    • anilamil

      171 posts
    • Quoting Ijaz Anwar
      let him to complete
      i think he is finished... and no words about fiscal cliff, so gold should be up ??

    • Guest

      IP XX.XX.85.234
    • Nothing about the speech, gold sud be around 1715 i guess as the big movement already done earlier

    • anilamil

      171 posts
    • or just watch live steam from bloomberg... he is still talking about #@%$%$ , nothing about fiscal cliff....

    • Ijaz Anwar

      312 posts
    • Quoting anilamil
      i think he is finished... and no words about fiscal cliff, so gold should be up ??
      i think there can be selling at 1718 down fall can be at 1712 then there can be buy around 1710

    • Guest

      IP XX.XX.121.176
    • Quoting sheety
      Plz give me link bernanke speech
      http://www.bloomberg.com/live-stream/

    • Lalaland

      1 posts
    • I think no more big movement as the speech was nothing...gold will stick around 1715 i guess..but lets all hope it can reach above 1720 again by today :s

    • anilamil

      171 posts
    • Quoting fafaxxx
      please up gold......
      gold hear ur pray.... buy gold and gold will up lol

    • Furdean2
      Furdean2's Avatar

      58 posts
    • when bernake talks stop trading when an important news is realeased stop trading, this is the answer to all who ask should i buy or sell

    • Furdean2
      Furdean2's Avatar

      58 posts
    • the most important rule in trading is to know when not to trade

    • Guest

      IP XXX.XXX.165.50
    • nothing is going to b in the market as market is already been in a panic state regarding the most important fiscal cliff. nothing will jump at this movement. careful trading these days .

    • fered

      5 posts
    • is the speach finished or not?

    • Guest

      IP XXX.XXX.177.147
    • Under the line, there are very big issues. Before, bernanke speach i told my friend that he will avoid to talke over fiscal cliff. EU and West are under serious economic troubles and they dont have any other way except to over printing of curriencies, which they did already, are the positive signs for Godl bullish. Furthermore, God is affecting by many other sectors. So i blieve, go ahead with PT approach and dont expose yourself to this financial casino for longer period. I am seeing gold between 1800 - 1900 by mid of December 2012.

    • mkj111

      111 posts
    • buy or sell , but be ready to pay mtm on regular basis . lol

    • anilamil

      171 posts
    • Quoting Guest
      Under the line, there are very big issues. Before, bernanke speach i told my friend that he will avoid to talke over fiscal cliff. EU and West are under serious economic troubles and they dont have any other way except to over printing of curriencies, which they did already, are the positive signs for Godl bullish. Furthermore, God is affecting by many other sectors. So i blieve, go ahead with PT approach and dont expose yourself to this financial casino for longer period. I am seeing gold between 1800 - 1900 by mid of December 2012.
      crazy.... i only see gold 1730-1750 in december O.o

    • mkj111

      111 posts
    • bliNdly agree, agree agree? why you all agree thaT GOLD WILL BE 1730-50? THE SCENARIO OF ECONOMY IS CHANGING, SO GOLD WILL CLIMB TO 4000-4500 TILL JAN 2016. PLEASE NOTE THIS TARGET AND REMEMBER THIS INDIAN MAN AFTER 2016. OK?

    • anilamil

      171 posts
    • Quoting mkj111
      blidly agree, agree agree? why you all agree thaT GOLD WILL BE 1730-50? THE SCENARIO OF ECONOMY IS CHANGING, SO GOLD WILL CLIMB TO 4000-4500 TILL JAN 2016. PLEASE NOTE THIS TARGET AND REMEMBER THIS INDIAN MAN AFTER 2016. OK?
      2016 gold touch 4000??? i dont think so...the economic scenario is still same, if gold really touch 4000 , then gold will fall sharply to correction....

    • jaygee

      1,992 posts
    • hey he is from india where everything is about gold. problem is gold price now is paper based. When the paper balloon is popped, his gold won't be worth much. and the paper will be worthless.

    • Guest

      IP XXX.XXX.239.209
    • gold is going nowhere, take it off your watchlist - useless metal - it is just a distraction. why are stocks acting "like don't take one step back, dude"? cos one step back is an endless fall into the fiscal abyss. don't believe me.

      http://finance.yahoo.com/blogs/break...170535029.html

    • Ill-b-back
      Ill-b-back's Avatar

        6,676 posts
    • LOL,
      That's 15 minutes of my life I cannot get back.

      GU Flat... But I don't see it going up.

    • Guest

      IP XXX.XXX.87.96
    • Quoting Guest
      gold is going nowhere, take it off your watchlist - useless metal - it is just a distraction. [/url]
      lmfao..good one!! Nowadays, everything is about gold. will gold goes up? how about gold? this is hilarious?

    • Guest

      IP XX.XX.192.215
    • listen mlfx, I don't have to read a speech unless I have to, in which case I read it in great detail and analyse every word if necessary. If I am not mistaken (and correct me if I am wrong), the speech was originally highlighted in red not yellow. sometimes I can't remember everything, and my journal reads that "Bernanke speaks" at 20.20 CAT, with an asterisk next to it. if Mr. Bernanke wishes to speak about social issues like housing (or on a previous occasion about education) then I really do not want to know about it. the first couple of sentences of the above report clearly show that this was a "social" occasion. By the way if an imortant piece of news or scheduled announcement is due to come out, I switch off all media feeds and watch the chart price action at the scheduled time. obviously it helps to know what are the potential likely outcomes are of the scheduled news. my opinions on gold and U.S. stocks are opinions as an independent trader, take it or leave it.

      "We may have all come on different ships, but we're in the same boat now."

      I disagree.
    • Nov 16, 2012 2:23pm | Edited at 2:59pm
    • #54
    • Quote

    • mlfx
      mlfx's Avatar

      70 posts
    • i hear you! i completely agree with your disagreement. your constructive feedback prompted me to delete my naive comment (which said "the speech wasn't even about gold"). what was i thinking?

      i know i can get like that sometimes. but i am in therapy. i realize now that nobody really cares what i say and that i have mommy issues. it's been a long journey for me. but still, i want to shine my light to the world!

      and how would they know anyway? i say: who cares about what they care about even if they won't come out and say it! I know that they know exactly what i'm talking about because we've all been there before.

      and it's so sad when they don't even care what i'm trying to explain to them in the first place! but what can you do? i know what time it is. you know what i'm saying? for real. they don't know what time it is but i do. i'm for real.

      alls i know is that i don't know nothing. at least i learned in my group to be a man about it and accept my own responsibility. but every day, each answer opens the door to even more questions! i don't know how you do it, but you inspire me to strive optimally for achievement in my personal and irregardless it always comes down to it.

      sorry if i offended.

      cheers!

    • Guest

      IP XXX.XXX.29.14
    • Quoting Guest
      gold is going nowhere, take it off your watchlist - useless metal - it is just a distraction. why are stocks acting "like don't take one step back, dude"? cos one step back is an endless fall into the fiscal abyss. don't believe me.

      http://finance.yahoo.com/blogs/break...170535029.html
      "Gold going no where", that's one for the classics.
      Watch Uncle Bens doomsday delay tactics send Gold north next year. We may have a fiscal cliff correction, but the future is set in stone

Top of Page

  • Story Stats