RE:FOMC 2015 ForecastShatnersRug wrote: Given the bullishness of the FOMC's view for 2015, I foresee USD Index eclipsing 100 by late winter.
POG will suffer. I just can't see it playing out any other way. As long as the greenback continues to show strength and resilience, investors will continue turning to USD vs. gold. BUT.... if/when the dollar fails.... watch out. It'll take time. Perhaps a few/couple of decades, but it'll happen. History.
Don't put all of your eggs in one basket(specifically - PMs).
Shat
I agree, the party continues in the market - bad for gold but noticed that most miners are on the green today?
I bought up some more loblaws today - people need to eat on the cheap starting in 2015, I also have some blackberry just to trade it on the hype of their new device but I'll probably dumped it tomorrow, and damn I bought some air canada paper too just felt it like it today - bb and ac are garbage if I can make a few Ks on a trade so be it - or lose it.
I still have my talisman, I want the 5% plus .12c div - that's my backstop in case TG blows up on me before year end.