GREY:PTQMF - Post by User
Comment by
Libertygon Jun 03, 2011 5:16pm
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Post# 18669932
RE: RE: RE: Liberty
RE: RE: RE: LibertyExcellent recovery in the metals and commodities in general. Covered my short silver position as this looks ripe for a bounce. They most likely won't announce any new easing as QE3, but by using pension funds in essence their already doing it. The dollar was pathetic today, and if it doesn't grab soon is in the danger zone again. Still like to see what the next week or two has in store. Gold sniffing the highs and again unless it reverses real quick looks primed to go after that 1550.00 and if successful the highs. NO ONE DEFAULTS, they just borrow more. That is the real impetus behind Gold and Silver, DEBT, DEBT, and more DEBT, and of course pathetic government irresponsibility.
PTQ didn't break down which is very good to see even after the big sell-off in US equities. Very nice to see.