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Precious Metals Surge As QE3 Now Merely A Formality

Posted By yihan On September 2, 2011 @ 8:59 am In Money Watch,Tile | Comments Disabled

Zero Hedge [1]
Friday, September 2, 2011

We dont have real time pricing on spam, but luckily we do on gold and silver. And to all those who BTFD in the past 2 weeks as we suggested, congratulations. Next up: another futile CME margin hike which will do nothing but confirm that a standalone gold standard is imminent.

Gold

Precious Metals Surge As QE3 Now Merely A Formality Screen%20shot%202011 09 02%20at%208.58.39%20AM [2]

Silver

Precious Metals Surge As QE3 Now Merely A Formality Screen%20shot%202011 09 02%20at%208.58.53%20AM [3]

courtesy of Bloomberg

 


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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/precious-metals-surge-qe3-now-merely-formality

[2] Image: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/09/Screen%20shot%202011-09-02%20at%208.58.39%20AM.png

[3] Image: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/09/Screen%20shot%202011-09-02%20at%208.58.53%20AM.png

[4] Montana Legislation Would Allow Payments in Precious Metals: http://www.prisonplanet.com/montana-legislation-would-allow-payments-in-precious-metals.html

[5] Gold Buying Panic In China: 10,000 People Wait In Line For Their Chance to Own Precious Metals: http://www.prisonplanet.com/gold-buying-panic-in-china-10000-people-wait-in-line-for-their-chance-to-own-precious-metals-stunning-pictures.html

[6] Silvergoldsilver.com Runs Out Of All Precious Metals In Hours: http://www.prisonplanet.com/silvergoldsilver-com-runs-out-of-all-precious-metals-in-hours.html

[7] Major Precious Metals Retailer: “We Have Been Experiencing Astounding Volume”: http://www.prisonplanet.com/major-precious-metals-retailer-%e2%80%9cwe-have-been-experiencing-astounding-volume%e2%80%9d.html

[8] Gold Surges, Hits New All Time High Of $1,437 After Precious Metals Talked Up During PDAC Conference: http://www.prisonplanet.com/gold-surges-hits-new-all-time-high-of-1437-after-precious-metals-talked-up-during-pdac-conference.html

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