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Regardless of the denials, all that is required here and there in terms of liquidity will be supplied. It has begun and will continue in many ways and definitions, but will end up as QE to infinity.

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 08 Aug 12 9:17 AM | 32 view(s)
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This will make the recent lows for gold the lows and bring us Alf’s price objectives.

Temporary Open Market Operations

Temporary Open Market Operations for August 07, 2012
Last Updated: August 07, 2012 9:56 AM
Number of Operations Today: 1

This operation is part of the operational readiness program announced in our August 2, 2012 statement.

Deal Date: Tuesday, August 07, 2012
Delivery Date: Tuesday, August 07, 2012
Maturity Date: Friday, August 10, 2012
Type of Operation1: Repo
Auction Method: Multiple Price
Settlement: Same Day
Term of Operation2: 3 Days
Operation Close Time: 09:55 AM
http://www.newyorkfed.org/markets/omo/dmm/temp.cfm

http://www.jsmineset.com/




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