Stock Market hits near 5 year high,

Munchmasterman's Avatar
TheDaliLama's Avatar
The Fed is printing money.

Here comes the inflation.
CJ7's Avatar
  • CJ7
  • 09-13-2012, 03:05 PM
the fed printed $ and the market hit a high

get busy boys, and fire up the printing presses !!!!
LovingKayla's Avatar
But gold and silver went up too. That shouldn't happen (as far as I've ever seen, which could be the end of my nose for all I know) gold rising w/ the market (because of QE3) is not what should be happening.
A win win for Obama...
CJ7's Avatar
  • CJ7
  • 09-13-2012, 04:03 PM
unlike years past, gold and silver prices can be explained with 2 words

India and China
LovingKayla's Avatar
Something's not right. I'm not trying to steal any of obamas glory but my sniffer says there be wolves out.
But gold and silver went up too. That shouldn't happen (as far as I've ever seen, which could be the end of my nose for all I know) gold rising w/ the market (because of QE3) is not what should be happening. Originally Posted by LovingKayla
Why shouldn't it?

Cash, new bonds paying lower rates, so money flows to alternative investments.
CuteOldGuy's Avatar
Gold isn't increasing in value, the dollar is decreasing.
LovingKayla's Avatar
The market and metals usually work opposite. If the market goes up then gold should go down and vise versa. Having them both go up means one of them is being supported artificially.
joe bloe's Avatar
The weak dollar also drives up the price of oil. Pretty soon we'll be able to heat our homes with dollars, by burning them.
CJ7's Avatar
  • CJ7
  • 09-13-2012, 05:38 PM
in the past the drivers behind precious metal/s increasing prices have been hyper inflation and the rapid fall of the US Dollar ... since gold has been on the upswing for so long, and neither hyper-inflation or a rapid downswing in the dollar has taken place in the interim, look to emerging markets for your answer ..

gold could top out at 4-6K ..
SEE3772's Avatar
Gold isn't increasing in value, the dollar is decreasing. Originally Posted by CuteOldGuy
I hit the like button!!!
JD Barleycorn's Avatar
Gold is up, Silver is up, Oil is up, and the debt is up. Kind of balances out the stock market and the so-called 1%.
Guest123018-4's Avatar
The denial that there has been no inflation is interesting.

I see it all around.
I see the dollar buying less of the same thing.
Fuel prices are up, food prices are up, just about6 everything is up.
Cable bill is up,
There are very few things that are down in price. Except real estate. Depending on where you look to buy.
Even with low interests people are afraid to buy.

I thinkit is about time to buy some more houses. Rent is way up and house prices are way down.
It is a damn shame that my company is having the worst year ever. Thanks Obama.