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Re: cue-master post# 35806

Saturday, 09/26/2020 12:53:07 PM

Saturday, September 26, 2020 12:53:07 PM

Post# of 37915
Oh wait - I know what to ask (the Feds stepped up their purchases last week (someone had posted me))........


So, stepping up their purchases (of what ?), enables what to happen ?

Was it govt. and corporate bonds that they purchased ?

And if so how might THAT help establish a floor in equity markets ?

Awwww.....I'm just conceding that I'll never figure out how central banks function, etc.

But

The Dollar has certainly been busting a nut....


This is from a week ago





One week later and sure enough - Gold's kinda been getting thwacked (in response to that GLARING 1.30 Level)






Why it's almost looking like the election might determine what that thing (and gold) does !


Also strangely (conversely) one might actually be able to predict the election outcome based on that.



I suspect that if Trump won it would take the green arrow route.....and that if Democrats won it would Clonk !



And/or actually maybe - It's the other way around - If Republicans won the dollar would TANK (sending the S&P up thru the roof because a weakening dollar makes the US more competitive)




.





Anyways - I dunno - Just a buncha (swing-trade) thoughts - Anyone else have any ?






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