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Twisted Sisters: Metals and Stocks Drop on Fed Action

Submitted by bobbyw24 on Thu, 09/22/2011 - 16:50
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In a move that is said to have “underwhelmed markets,” the Federal Reserve announced that it will implement what has been dubbed “Operation Twist,” using $400 billion to rebalance its bonds portfolio in favor of longer-dated debt. Both gold and silver fell in after-hours trading following the announcement, and Barron’s reports that investors in stocks and precious metals “found some common ground for concern after the Fed unexpectedly pointed to slowing economic growth.”

http://silverandgoldcoinblog.com/2011/09/21/twisted-sisters-...


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IMO the

Submitted by quiltingsando on Sat, 09/24/2011 - 08:55.

declines in gold and silver have less to do with what the Ben does and more to do with the programer does. The computerized manipulated markets don't need rhyme or reason just enough sucker players.

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If the Fed's announcement caused the plunge in metals...

Submitted by YumYum on Sat, 09/24/2011 - 08:07.

...then why hikes in the margin rates? This makes no sense.

http://www.ibtimes.com/articles/219092/20110923/gold-cme-com...

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