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View Full Version : OMG http WTF - fake Euromoney reassures markets !!! Bwahaha ?



gunDriller
21st January 2015, 08:02 AM
OMG http WTF - fake Euromoney reassures markets !!! Bwahaha ?

http://www.bloomberg.com/news/2015-01-21/ecb-said-to-propose-qe-of-50-billion-euros-a-month-through-2016.html


Norcini said that the commodity markets thought the EU wouldn't print enough money (about 1/2 Trillion), and the safe haven flow was good for gold.

He implied that abundant money printing by Europe would be bad for the safe haven effect on commodity prices / PM prices.


Norcini, today, is vindicated.


EU says it will print $1.1 Trillion, PM prices fall.


Fvcking amazing.

old steel
21st January 2015, 08:34 AM
Kick that can down the road, kick it hard!

monty
21st January 2015, 08:51 AM
http://gold-silver.us/forum/attachment.php?attachmentid=7212&stc=1
They haven't fallen much!

Serpo
21st January 2015, 12:58 PM
Gold is always going down ,especially when they print , it has too otherwise we just may get the wrong idea that paper isnt a safe haven......................haha