Capital: A principal, investment, money, assets, labour, stock, property, a store of value larger or more prominent; it may also suggest preeminence or excellence; capital letter, idea, virtue. Synthesis: A complex whole made up of a number of parts united; the act of combining separate ideas, beliefs, styles; a mixture or combination of ideas, beliefs, styles.

PMs

GOLD GOING PARABOLIC

by prestonni on Aug 9, 2011 • 10:11 am

http://www.flickr.com/photos/65045749@N04/6025196454/#/photos/65045749@N04/6025196454/lightbox/

And with many now calling for a massive qe3 program its hard to see how the move could break.

Here Rogoff, another academic calling for “much more aggressive monetary policy however unpopular it might be”. It won’t be unpopular in wall street, that’s for sure.

http://www.bloomberg.com/video/73684456/

Fed meeting today. If they announce QE3 it will be provide rocket fuel to Gold’s move.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/8_Turk_-_Fed_May_Announce_QE3_Now_Creating_Gold_Explosion.html

Rich

(4 votes, average: 5.00 out of 5)

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