Friday, December 3, 2010

OOPS: Employment Report vs. Expected Number

Much worse than expected...Even the prozac-overdosed idiots on CNBC are saying "nothing positive in this number."  Anyone want to put an over/under date on QE3?

10 comments:

  1. Sometime summer of 2011. Very shortly after QE2 is over and Might even overlap. Thoughts Dave?

    Fred

    ReplyDelete
  2. I agree Fred. Plosser was on the tape yesterday already hinting more QE may be needed

    ReplyDelete
  3. QE 3.0 already, and I thought it was bulls on parade time???

    ReplyDelete
  4. Dave,

    Any idea why eurasian minerals was halted the other day? I couldn't find any news about it anywhere.

    ReplyDelete
  5. EMX was halted because they were releasing drilling results. It took all day for their attorney to sign off on it and the exchange to approve it:

    http://finance.yahoo.com/news/Eurasian-Minerals-Drills-308-ccn-3376207579.html?x=0&.v=1

    ReplyDelete
  6. This video is a bit crude but a good explantion nonetheless. Give it a listen and forward it widely. Bankrupt JPM! Buy more Ag!

    ===========

    JP Morgan Silver Manipulation Explained

    MrSilvergoldsilver

    http://www.youtube.com/watch?v=Gl47z2g2EvI

    ReplyDelete
  7. QE2 will simply merge into QE3, which merges into QE4, 5, 6, . . . n. Either the banks die or the dollar dies. We chose to save the banks.

    ReplyDelete
  8. Dave,

    Just noticed that Tulving is completely sold out of all Gold/Silver. Never seen that before, we may be on the verge of a major price adjustment.

    Eric DeGroot has a $38 Silver magnet in play. That ought to really bring some pain to the Silver shorts.

    Joe M.

    ReplyDelete
  9. Joe, they must have been updating the website when you checked:

    http://www.tulving.com/goldbull.html

    ReplyDelete
  10. dave,

    thanks for the update, i think turk is right about the market tightness.

    joe m

    ReplyDelete