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Re: Tommy Two Times post# 6728

Thursday, 09/21/2017 11:44:11 AM

Thursday, September 21, 2017 11:44:11 AM

Post# of 19251
There is no way on God's Green Earth the Fed will unwind the money they want to. The monthly amounts of money they claim they'll unwind is miniscule compared to what they've bought. I read an article yesterday that said it would take them 37 YEARS to unwind at the pace they plan to unwind! LOL

IMO gold has reacted badly here because the Street thinks they're going to raise rates again in December. I'm not so sure of that happening. I heard a Trade on TV yesterday say they probably won't do another hike again until June of next year. We'll see I guess.
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