% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

  • yourdeadmeat69 yourdeadmeat69 Jan 4, 2013 6:13 AM Flag

    Fed talk but takes a different walk mirrors real life

    Amazingly, folks are sucked in. SOME Fed members "worried" about bond QE, yet they vote to keep it going.

    Here's some examples:

    I'm really worried about my weight, so, could I have another double scoop of Rocky Road.
    I'm really worried about being an alcoholic, so, let me have another drink, and leave the bottle.
    I'm really worried about my cholesterol, so I'll have the 32 oz Porterhouse, mash, butter, gravy with Pecan Pie a la mode.
    I'm really worried about the side effects of steroids, but hand me the hypo, I have a weight lifting competition.
    I'm really worried about housing prices, so I better jawbone about raising interest rates.
    I'm really worried that housing refi's have dropped off at $3.5% mortgage rates, so let's talk about raising them sooner.
    I'm really worried about having a strong dollar, so I better print money to buy bonds, as I have run out of short termers to TWIST into long termers.
    I'm really worried about the debt growing because dwindling tax revenues don't cover, so I kick voting sequestration down the road a couple months while voting in tax reductions.

    See how that works? No? Me neither.

    Go by what they do, not what they say, and buy the dips once the dips stabilize.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • If they had fixed a date to stop QE I could have seen the panic selling but, when a couple of members of the FED complain that QE might not be as great idea as they once thought how does that warrant a massive metal sell off? These markets used to make a bit of sense but now everything is a panic buy or panic sell. Panic, panic everywhere.

      Sentiment: Hold

24.48+0.07(+0.29%)10:39 AMEDT