it is not manipulation nor is it perceived fed policy causing pog rise. it is an economy projected to grow near 3 percent this year while the economist with best forcasting record is saying 2 percent.. if significant economic slowdown occurs the shorts in the bond market will drive the yield on the10 yr to important lows..this is the MARKET determining no matter what the fed does...neither wall street nor the fed can manipulate pog if demand is strong.
bernanke spoke clearly that the fed cannot cause the economy to grow... it can squash growth by raising rates till recession but growth must be spurred through government policies (taxes, incentives, regulations etc)
there are always buyers and sellers just maybe the price got low enough to get the sellers out and buyers back in. if perceptions were that the next few years looked bullish for the economy pog might stablize but it sure looks like shorty has to cover. looks like a nice hedge and the price rise is slow and steady.
you buy when the market get too bullish then sell the markets decline.
this is protection for your long positions...you might also buy base shares and add in dicey markets if you fear a substantial decline...you get some leverage.
economy not crashing, slow growth with speculation in select sectors very strong.
the dollar weakening and europe has stabilized, maybe europe has turned?
china may have bottomed at 7 percent growth??
and the bitcoin may have met its match in government attack on the exchange of the bitcoin to legal tender.
no important government permits schemes having illegal potentials or negative consequences on currency valuations....anyone can make coins BUT are they 24K?
think it is also the fed attack on the exchanging of bitcoin to legal tender. governments can never permit schemes having illegal potentials or negative consequences on currency valuations....anyone can make coins BUT are they 24K?
if you are one of the "little people" your best bet would be cash., the traders and hedge funds see a golden opportunity to take markets down and you might get crushed. of course if you have years to wait for some bullish economic scenario then hang on...if you notice the markets these days are sold any rally, and the vxx tells the story...lows are now lower....nothing is safe. maybe the gld has hit bottom however?
you cannot be serious.
increasing bad cholestrol vs liver transplant at costs of hundreds thousands dollars JUST TO SURVIVE! and the cirrhosis drug is so successful in treatment that trials WERE SUSPENDED!!
expect numerous pharma companies to bid here and merril believes 800 sounds about right.
let the bidding wars begin.
agree....the selling today is short term profit taking, the big gainers strong the past few days sold to lock in profit, watch rather to see what is bought after corrections.