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#1 2012-06-10 16:59:12

Dusty
Silver Stacker
From: Australia
Registered: 2011-04-16
Posts: 705
Trades :   36 

QE3

Question: now that Spain have received a band aid and when greece's economy collapses once and for all than America goes into its third stage of printing money THAN will gold and silver move upwards?

It's got me beat why the QE3 alone won't cause gold to move?

WHAT WILL CAUSE GOLD AND SILVER TO GO UP...?

Also I'm quessing that the ASX will be up on opening Monday ?

Last edited by Dusty (2012-06-10 17:00:37)


If you have never failed than you have never tried.

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#2 2012-06-10 17:10:44

lucky luke
Member++
From: Qld
Registered: 2011-05-15
Posts: 1,716
Trades :   15 

Re: QE3

Monday is a public holiday isn't it?


In the world of perception management "Beliefs are stronger than facts".
It seems I might be a little "blunt" at times........... my apologies in advance for any "sensitive types" on the forum. smile

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#3 2012-06-10 17:43:35

TheEnd
Member+
Registered: 2011-10-06
Posts: 536
Trades :   

Re: QE3

Because it is a safe haven man..... Imagine being in Greece next week and losing ALL your life savings due to the default and devaluation of their present euro back to drachma..... What would you do if you knew you could keep your present wealth buy buying as much PM's as possible???
Like some PM bulls have been saying for years..... Buy NO MATTER what the price is during these cheap times because when this thing blows the top off the pressure cooker....And it will.... There will be NOTHING left.
And as more people realise there is no where else to go it will turn into a supply and demand thing where whoever is willing to pay the prices the suppliers are asking will get what they pay for.....
This is why physically 'holding' your purchases is very important.... It's yours forever until you really need it to survive..

Last edited by TheEnd (2012-06-10 17:45:29)

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#4 2012-06-10 17:46:27

TheEnd
Member+
Registered: 2011-10-06
Posts: 536
Trades :   

Re: QE3

lucky luke wrote:

Monday is a public holiday isn't it?

Ah ye.... Queens B'day!

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#5 2012-06-10 17:50:44

lucky luke
Member++
From: Qld
Registered: 2011-05-15
Posts: 1,716
Trades :   15 

Re: QE3

TheEnd wrote:
lucky luke wrote:

Monday is a public holiday isn't it?

Ah ye.... Queens B'day!

But the US markets will be open Monday night so Tues ASX open should be a little clearer following the US price action


In the world of perception management "Beliefs are stronger than facts".
It seems I might be a little "blunt" at times........... my apologies in advance for any "sensitive types" on the forum. smile

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#6 2012-06-10 17:54:09

goldpelican
Administrator
From: Melbourne, Australia
Registered: 2009-06-30
Posts: 14,558
Trades :   111 
Website

Re: QE3

Public holiday everywhere except WA. ASX is closed.

http://www.asx.com.au/trading_services/ … r-2012.htm


Unless made within the Gold Stackers subforum, my posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator.
Read about Intrinsic Tender
"I'm going to France." "I'm from the future. You should go to China."

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#7 2012-06-10 20:30:42

LovingtheSilver
Member++
From: Perth
Registered: 2010-01-04
Posts: 1,062
Trades :   58 

Re: QE3

Who uses IG markets here?
I'm looking through my account to find out the time i can trade Spain 35 index so i can have a bit of a punt, but there is no listing to show what time trading in that index starts Sydney time. My guess is 800am Madrid time but not 100% sure, want to get in at the start

Edit: All good.. found it

Last edited by LovingtheSilver (2012-06-10 22:07:42)

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#8 2012-06-10 21:22:02

boston
Silver Stacker
From: Australia
Registered: 2009-07-07
Posts: 2,908

Re: QE3

Dusty wrote:

Question: now that Spain have received a band aid and when greece's economy collapses once and for all than America goes into its third stage of printing money THAN will gold and silver move upwards?

It's got me beat why the QE3 alone won't cause gold to move?

WHAT WILL CAUSE GOLD AND SILVER TO GO UP...?

Also I'm quessing that the ASX will be up on opening Monday ?

On a totally different topic, and not meaning to hijack, but why do people write THAN when it should be THEN?

Is it our schooling system, or the Americanisation of our language?

Not having a go, just genuinely interested, as I see it all too often.


The number of revenue raising speed and traffic light cameras, parallels the debt of the government.

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#9 2012-06-10 21:34:04

Dusty
Silver Stacker
From: Australia
Registered: 2011-04-16
Posts: 705
Trades :   36 

Re: QE3

boston wrote:
Dusty wrote:

Question: now that Spain have received a band aid and when greece's economy collapses once and for all than America goes into its third stage of printing money THAN will gold and silver move upwards?

It's got me beat why the QE3 alone won't cause gold to move?

WHAT WILL CAUSE GOLD AND SILVER TO GO UP...?

Also I'm quessing that the ASX will be up on opening Monday ?

On a totally different topic, and not meaning to hijack, but why do people write THAN when it should be THEN?

Is it our schooling system, or the Americanisation of our language?

Not having a go, just genuinely interested, as I see it all too often.

Coz itz da way uz country foks speek aroundz ere wink


If you have never failed than you have never tried.

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#10 2012-06-10 22:09:47

mikedm
Member+
From: Australia
Registered: 2011-03-09
Posts: 259
Trades :   

Re: QE3

boston wrote:
Dusty wrote:

Question: now that Spain have received a band aid and when greece's economy collapses once and for all than America goes into its third stage of printing money THAN will gold and silver move upwards?

It's got me beat why the QE3 alone won't cause gold to move?

WHAT WILL CAUSE GOLD AND SILVER TO GO UP...?

Also I'm quessing that the ASX will be up on opening Monday ?

On a totally different topic, and not meaning to hijack, but why do people write THAN when it should be THEN?

Is it our schooling system, or the Americanisation of our language?

Not having a go, just genuinely interested, as I see it all too often.

than for comparisons, then for sequences.

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