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View Full Version : Prepare for higher silver thanks to Fed


PM Stacker
11-10-2010, 03:48 PM
Here is the POMO schedule released today by the Fed announcing when and how much Treasuries they will be buying for QE2.
Translation: Higher prices for everything...

The operation is happening almost everyday until Thanksgiving. Two POMOs on Nov 29th. Crazy.

I have AGQ ready to go ;)

http://www.newyorkfed.org/markets/tot_operation_schedule.html

jaynyc
11-10-2010, 04:07 PM
We'll probably see margin requirement changes for gold futures soon?

They already put in rule changes for cotton and soy futures today. Never mind the cause, crush the symptom! :eek:

ingots
11-10-2010, 04:08 PM
thank you BEN :D :D

theplantguy
11-10-2010, 04:26 PM
If silver and gold prices are going to go up, why not position yourself to profit from it?

SilverFinger
11-10-2010, 06:45 PM
Geeish, busy schedule there...didn't even have SilverFinger down for 1 billion.

PM Stacker
11-10-2010, 06:58 PM
We'll probably see margin requirement changes for gold futures soon?

They already put in rule changes for cotton and soy futures today. Never mind the cause, crush the symptom! :eek:

We probably will see margin changes for gold which will bring it down and will present a great buying opportunity.

PM Stacker
11-10-2010, 06:59 PM
If silver and gold prices are going to go up, why not position yourself to profit from it?

I am. I bought AGQ.

jaynyc
11-10-2010, 07:05 PM
We probably will see margin changes for gold which will bring it down and will present a great buying opportunity.

In that case I need to get a spare keyboard. My F5 key seems to be at a breaking point :p

theplantguy
11-10-2010, 08:22 PM
I am. I bought AGQ.

AGQ being a 2x silver long position, it's an ideal vehicle for a rising market