Indiana Jones wrote:Maar goed .... nu even de waarschijnlijk echte reden achter de plotse spike:
Zero Hedge 10/01/2012 - 08:47
Gold and Silver surging this morning as the Fed's Charles Evans talks on CNBC of the need for more accomodative policy by the Fed.
His 'infiniter' easing seems to have sparked this move as he clarifies the seeming psychopathy of the Federal Reserve's actions.
His message clearly is that the amount doesn't matter (nor the unintended consequences), the printing and flooding of money into an already stuffed banking system will continue until morale improves.
There are TWO theories, but the teleprompter readers of the FTV complex are only reporting ONE of them, and as usual it’s a false narrative/the wrong one:
Theory #1: It’s what the Chicago Fed President Charles Evans just said on CNBC that caused this spike." Really? He didn’t say anything new or different, just inanely repeated the Fed’s "party line" on QEternity (digital money-printing to infinity and beyond). But, it was on FTV and it’s an easy, albeit quite stupid, theory. [Pardon the redundancy here.]
Theory #2: Germany, France, and Poland are moving towards establishing a "banking union" which is yet almost completely unreported outside Reuters Europe right now.