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Doc, Rick, and Gary discuss the Fed

December 17, 2014

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Discussion
28 Comments
    Dec 17, 2014 17:01 PM

    MARKET ALERT !!!
    The BIGGEST volumes I ever see on GDX and GDXJ:
    GDX: 16:07 31.099.722 shares $17.96 UP 5.26%
    16:08 31.076.740 shares $17.97
    GDXJ: 16:08 12.329.042 shares $23.11 UP 7.08%

    Dec 17, 2014 17:10 PM

    AL ! WHERE IS Bob Moriaty and Roger ! We need a Christmas SONG ! OFF TOPIC ! Cory Love’s Central Bank communist controlled MARKETS ! ?

    Dec 17, 2014 17:15 PM

    Peter.. you’re always the reporter of mammoth volume in mining shares… thanks!… but man… to be frank… this has done nothing to the pitiful miners…

      Dec 17, 2014 17:42 PM

      The case here, Genesys, is since gold bottom I have seen huge volumes at the same time after market. Technically gold has to go down after this FED meeting, but this moves on the mining shares and closing up (GDX+5.26%, GDXJ+7.08%), for me, is very encouraging. That move was exactly the same when gold bottom. We could have a good bounce tomorow…

      LPG
      Dec 18, 2014 18:23 AM

      As I said several times, even if the volume is quite large, it is very likely late reporting by market makers.
      Best to all,
      LPG

    Dec 17, 2014 17:26 PM

    Considerable time
    Patience

    What is this a game of semantics?

    This is Chinese Firedrill!

    It’s BS

    She’s a pimp on a string

    Dec 17, 2014 17:01 PM

    And that would be who!

    Dec 17, 2014 17:27 PM

    Yellen that’s who

    Wall st has her on a string and she’s a pimp feeding them more “accommodation”

    Dec 17, 2014 17:29 PM

    These people are gangsters

    Dec 17, 2014 17:57 PM

    The scary part about the world economy these days is The Fed is no longer in charge, the volatility we are seeing is caused by the uncertainty of knowing that economic power is changing hands and the American dream is broken. The transition for the west will be a poorer standard of living, and the end of an economic era. It almost mirrors the fall of The USSR, our military has bankrupted our economies and left us without economic dominance.

      Dec 17, 2014 17:05 PM

      Empires come and go and we are no exception, when you read History they all make the same mistakes born out of their own hubris.