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re: Big FOMC Meeting Today

Posted on 12/17/14 at 8:18 pm to
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
4973 posts
Posted on 12/17/14 at 8:18 pm to
quote:

I can 100% guarantee the US markets will be going up/down in 2015.



I left myself open on that one.

quote:

ETA: But seriously, look for precious metals to take a drop when rates start to rise. Stocks, too, but not as much, percentage-wise, as metals.


So how how is your '2014 prediction' thread going?

One guy whom I read a lot on another blog thinks silver will go down to $12/oz. Gold to about $900/oz.

The DOW at 18,500 & S&P at about 2200.

What thinkest thou?
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 12/17/14 at 9:01 pm to
I'm doing pretty lousy in the prediction thread mostly because I missed the 10 yr and 30 yr bond rates so much. I'm within 5% on the Dow Jones but that's my only close one.

I would not be shocked to see gold & silver hit the levels you posted. But please don't put your money where my mouth is.
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