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re: Big FOMC Meeting Today

Posted on 12/17/14 at 7:15 pm to
Posted by LSURussian
Member since Feb 2005
128739 posts
Posted on 12/17/14 at 7:15 pm to
quote:

So does this mean that the markets(US) are still going to be going up/down?
I can 100% guarantee the US markets will be going up/down in 2015.



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.
This post was edited on 12/17/14 at 7:25 pm
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
5067 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?
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