Time to load up on gold and silver and the miners especially.Were headed to $2000
there will be trillions spent like the Euro swap lines, etc that most of you won't even hear about ...gold is going to knew highs
Wake up and smell the reality that your safe haven is down significantly today, no new high's right now just a loss of wealth from all who fail to see whats going on!!
POPPITTY POP POP!
It is operation twist ... buy $400 billion of longer term and sell $400 billion of shorter term, to drive the interest rates down on long term loans.Fairly pointless churning of $400 billion IMO.It certainly wasn't QE3 which had been given odds as high as 20%.
Nothing added to the balance sheet = NO QE fool!
Of course they tell you that. Who's the fool?