Jim Rodgers:- QE3 is here........

[Mega]

http://www.telegraph.co.uk/finance/e...im-Rogers.html
Mike

[Slimprofits]

Re: Jim Rodgers:- QE3 is here........

"I do not know if they [the Fed] will announce it," he told India's Economic Times. "I know they are going to print more money. They already are. If you look at their balance sheets, you will see that something is happening, assets are building on their balance sheets and they are not coming from the tooth fairy.

[..]

He told the Daily Telegraph: "They probably have learned how to do things off balance sheet. I have nothing to confirm this but everyone else has learned how, so they probably have too. This is just a comment on human nature."



The underlined statement is easily verifiable. So what is Rogers talking about?\

[cobben]

Re: Jim Rodgers:- QE3 is here........

"I do not know if they [the Fed] will announce it," he told India's Economic Times. "I know they are going to print more money. They already are. If you look at their balance sheets, you will see that something is happening, assets are building on their balance sheets and they are not coming from the tooth fairy.

[..]

He told the Daily Telegraph: "They probably have learned how to do things off balance sheet. I have nothing to confirm this but everyone else has learned how, so they probably have too. This is just a comment on human nature."

Note GOLD in EUR is less than 1% under the ATH, as I write about 0.65% under, and seems to be creeping up.

Bill Cara's Blog for Sep 4, 2012


CTA Trading Desk Morning Report

. . .

The strange thing is that one of the reasons for buying the bonds was an anticipation of a short term Dollar bounce. Sure, the Dollar did get a bid, but as I mentioned a few days ago; it couldn’t muster enough of a bid to achieve a sustainable rally. Why is that?

Could it be that a bond purchase program has started already, but the signs of QE3 are not there because the operation is set up in some new structure that is not being seen by prying eyes?

Gold, oil, stocks and bonds have all been rallying while the dollar is falling. It looks like that may be the case, but we don’t know for sure.
Speaking of gold; as you know, we believe that the long awaited gold launch is finally here. Sure, there will be declines, but the following long term chart is in play.

. . .