Wednesday, January 25, 2012

20120125 PM, FOMC

Dow 12,756.96 +81.21
Nasdaq 2,818.31 +31.67
SP500 1,326.06 +11.41
30-yrBond 3.15% -0.01

FOMC meeting during which the private cartel Federal Reserve announced they would maintain the cost of borrowing money at near-zero into 2014. Risk on!
Jim Sinclair interview about today's Fed action and global QE.

GLD 166.42 +4.41 (2.72%)
SLV 32.37 +1.29 (4.15%)
PTM 19.38 +0.52 (2.78%)
XLE 72.62 +0.88
XLF 14.20 +0.03
VXX 26.65 -1.17 (4.21%)

GBG 1.16 +0.13 (12.62%)
HMY 12.02 +0.59 (5.16%)

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