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Bernanke he has nothing to do with the reality.
what he is doing?
whatwill bee impact on gold and silver?
wow we are entering heaven boys and girls!!!! World is safe..
It doesn't matter how deep the debt hole is, we are safe. halelooyaa
Quoting xjames26
wow we are entering heaven boys and girls!!!! World is safe..
It doesn't matter how deep the debt hole is, we are safe. halelooyaa
LOL LOL LOL
Why such a rigid stance? To learn is the funniest process in live...
Quoting xjames26
wow we are entering heaven boys and girls!!!! World is safe..
It doesn't matter how deep the debt hole is, we are safe. halelooyaa
hehe yes, CB's have unlimited tools.
Bernake's approach is always the same: The economy isn't well, quick, let's throw money at!!

Someone take the money printer away from that guy.
Quoting 4exNinja
Bernake's approach is always the same: The economy isn't well, quick, let's throw money at!!

Someone take the money printer away from that guy.
That the only thing he knows. I wanted to say more, I had better not.
Listen to his voice quack like a duck while he talks. Even he is not confident that more money printing will work - it has not helped up to now. this is a political pressure move trying to get Obama re elected
The markets have already priced in most of that QE3...and with every QE it becomes less effective. This entire house of cards will collapse, and it will end once the rest of the world will abolish the US$ as the world's reserve currency.

Last time that happened (to the Sterling) that currency depreciated by around 80%. I really don't envy people getting paid in US$. Getting paid in CHF ftw!!
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this guy is having big political pressure..!!!!!! every thing was fixed!!!!
whoever said no qe3 last week is a dumbass
BB is just insane...he can get away with this because US Congressmen and women including Senators don't understand basic mathematics...just get a cup of coffee...and keep on adding water to it...at the end of the day..you will end up drinking water instead of coffee....SELL, SELL and SELL, USD
There is always a price for promises you don't keep!
If you created a world cloud out of his last speech it was pretty clear it was coming
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Quoting cjbooth
Listen to his voice quack like a duck while he talks. Even he is not confident that more money printing will work - it has not helped up to now. this is a political pressure move trying to get Obama re elected
it is indeed hard to answer those questions! honestly...i don't want on that seat (Fed Chairman)
Quoting PipHunters
whoever said no qe3 last week is a dumbass
Well, I do, and many others. Why do you call somebody with an opinion "a dumbass"? Do you prefer so and so advice like GS, etc? I have an opinion because I do my own analysis and I believe it. I don't I am wrong to do it. The market doesn't follow my analysis, that's fine. Do you think market will always follow my analysis? I don't expect that. But I will still do it.
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Bernanke just said that the FED DOES NOT HAVE the tools to ward off the impact of a US FISCAL CLIFF. What are the chances of going over the cliff ? 100% .
I like Bernanke - I think he is an astute macro-manager and very principled too. What with all that political pressure and threats to his job from the right? Another thing most people do not understand is that he just changed the political dynamic by handing america it's real and now ONLY election issue of substance - the economy - which unfortunately with his sleek delivery Obama is more suited to win. Of course all the right wing extremists would here (in the Forex) and there (politics) call him names - but he is in fact a patriot with only time on his side. He has done a swell job.

PS: For real - not just because my pocket is swelling.
where's zerohedge? and their "no qe3" theme? just curious
Enter Signature
Romney already lost the election imo...he and Ryan are such open corporate sock puppets, I doubt they stand a chance. Not if they continue to lie as blatantly while the media is (FINALLY!!) holding them accountable...
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What bubble will burst first? Student loan bubble , Central Bank balance sheet bubble, or bond bubble? Maybe all at the same time
Quoting jagonzalez
where's zerohedge? and their "no qe3" theme? just curious
They did an article yesterday correctly stating that most of it has already been priced in
DOW onto 600 dots from the all-time peak. This man is idiotic.
Quoting frx_trader
That the only thing he knows. I wanted to say more, I had better not.
lol.....
The match was fixed
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Quoting Sanguis
DOW onto 600 dots from the all-time peak. This man is idiotic.
question is: will it break the all time high?
gold is going to be in 1900+ within next month
Anyone know wad will happen with usd jpy pair? Its kinda stuck right now..
Wow, what a day...!!!
Wish the price move like this once a week so trading is more excited....
I can imagine this forum next week. It must be quite here without QE / No QE debate anymore...
Gold, i actually prefer weeks with no news.....it's easier to trade within range....boring...but safer...just saying. Happy trading next week.
Enter Signature
will there be a correction in gold downwards or it will start to shootup more now
Quoting jagonzalez
Gold, i actually prefer weeks with no news.....it's easier to trade within range....boring...but safer...just saying. Happy trading next week.
Yup You're right jagonzalez
We can guess more accurately about the price movement when fundamental stays out of the business. Getting more pips in a safer way than this week did.
It's just sometimes I find a little bit amusing on how traders debate about something that "unnecessary" and doesn't have any relation to our trading goal which is making profit.
Hope you make a lot pip today....
Quoting hss
will there be a correction in gold downwards or it will start to shootup more now
I think, IF there is any correction, it will not be back to the range 1725 - 1735. I don't even think gold will go under 1750 anymore in these days. It's more likely gold will test 1792, as this is the highest price in 2012, just before gold drop in last February. But please don't trade upon my opinion only. Better monitor our chart closely and watch to the price changing cause everything is a little bit "abnormal" lately. Surprises happen... The safer way is following the trend not our opinion, as trader is better without opinion, right?
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but some of the gold indicators are very overbought and it require some correction to adjust before reaching above $1800
Tomorrow's range will be 1761-1768.
I bought some more at 1766.
:: everything is awesome ::
but some of the gold indicators are very overbought and it require some correction to adjust before reaching above $1820
DragonFire

you are great you have summerize what will happen to us economy in these coming two years in a very simple way.......good mind
Pipo | Apr 10, 2012

Guys QE3 is in the making don't fool yourself.
I
Quoting kuswanto
but some of the gold indicators are very overbought and it require some correction to adjust before reaching above $1820
Yup!!!
And people still buying gold
As for me, if there's a very strong fundamental (strong impact news) such as QE3, put aside technical....
Correction surely will happen, but can't drag the price far enough. See your chart now, gold is moving up right now.
I still think it will test 1792 level, whether today or next week. But just as I said, don't buy that from me only. Just believe what we see with our own eyes
Quoting Gold-god
I think, IF there is any correction, it will not be back to the range 1725 - 1735. I don't even think gold will go under 1750 anymore in these days. It's more likely gold will test 1792, as this is the highest price in 2012, just before gold drop in last February. But please don't trade upon my opinion only. Better monitor our chart closely and watch to the price changing cause everything is a little bit "abnormal" lately. Surprises happen... The safer way is following the trend not our opinion, as trader is better without opinion, right?
couldnt agree more ...well said
Someone take the money printer away from that guy.[/quote]

lol....lol....
dragon, I remembered you said you needed another 50 pips before taking september off. what are you still doing here.
Quoting DragonFire
BB is just insane...he can get away with this because US Congressmen and women including Senators don't understand basic mathematics...just get a cup of coffee...and keep on adding water to it...at the end of the day..you will end up drinking water instead of coffee....SELL, SELL and SELL, USD
Yep a little insane I would think? Who is going to pay? Wait till the eggspurts deciphir all of this??
Politics running wild with the markets what happened to good old fashioned earnings etc?
Quoting Yao
dragon, I remembered you said you needed another 50 pips before taking september off. what are you still doing here.
Yao,

Situation like this does come so often, so I have to capitalize on EUR/USD surge. I got it right from 1.2483 so I will hold my LONGS until a strong down turn. I am just buying...my orders are line up from 1.3241 through 1.3281 then another wave of buys from 1.3441 through 1.3481.
There is always a price for promises you don't keep!
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