Latest Breaking Updates: What is Latest Developments,PIMCO Gross Bill,Jewish Banker,the Fed Ben Shalom Bernanke,Jackson Hole QE3 Quantitative Easing (QE3) :-

QE3 Trader Gossip Plan  Developments :-

The U.S. Federal Reserve will extend its program to purchase the nation’s debts and stabilize long- term interest rates after Standard & Poor’s downgraded its credit rating, The Fed will roll out quantitative easing 3, a tactic to purchase treasuries, Li Daokui, an adviser to the People’s Bank of China, wrote in his microblog weibo.com. Institutional investors will be forced to sell long-term U.S. debt, which may cause financial turbulence, he wrote. The U.S. must address its “structural debt problems” and ensure the safety of China’s dollar assets, the state-run Xinhua News Agency said in a commentary today. China is the biggest holder of U.S. debts – Source

Gross, the co-chief investment officer of PIMCO, the world’s top bond manager, on Wednesday said on Twitter: “Next Jackson Hole in August will likely hint at QE3 / interest rate caps.”Gross said on Twitter last week on Tuesday that: “QE3 likely to take form of ‘extended period’ language or interest rate caps on 2-3-year Treasuries.”- Source

Bill Gross predicts QE3 and Jim Sinclair confirms it!  Case closed. – Source. No one knows more about gold and the money than Mr. Sinclair! Last Wednsday Mr. Sinclair had these comments on whether there would be more “quantitative easing”.
Without QE who will buy US treasury issues?
Without QE where is the basis of world equity markets?
Without QE what do you think the chart of unemployment will look like?
Without QE how do you think the camouflage of the insolvent balance sheets of the financial industry will fare?
Without QE where is mortgage money coming from?
Without QE what do you think home prices will do?
Without QE how will the present Administration and the legislative be re-elected?
Without QE how will the States of the United States of America finance themselves?

  • Be prepared for a reversal of the decision to curtail QE at the end of June.
    Be prepared for a snap back at a greater percentage of QE with a different name.
    Be prepared for covert QE between July 1st and late August when stimulation goes wild.
    Be prepared for gold to take out $1650 on the upside as magnets at $12,544 come into play.
    Be prepared for the Inflationary Depression of all time.
  • Stand firm on your gold positions.
    Stand firm on your discipline of NO margin.
    Stand strong in your Swiss Franc and Canadian dollar positions.

For more Ben Shalom Bernanke Shock and Awe impact, Jones says the Fed should launch a much bigger quantitative easing program than the previous two rounds, including formally targeting longer term interest rates such as setting the 10-year Treasury at 2 percent or lower for an extended period and allowing the balance sheet to expand to whatever level is necessary to achieve that aim. – Source

Hedge Funds Buying Corn to Silver to Soy After Commodities Futures Decline

Bullish Bets

Net-long positions, or bets on higher prices, held by speculators in 18 commodities rose to more than 1 million futures and options in the week through Aug. 16, according to the CFTC in Washington. Source Bloomberg

QE2 Recap Juicy Details (12th September 2011 (Settlement Date )

Tentative Outright Treasury Operation Schedule
The Desk’s tentative outright Treasury operation schedules for the purchases associated with the $600 billion purchase program announced by the FOMC on November 3, 2010 and for the purchases associated with the reinvestment of principal payments from agency debt and agency MBS announced by the FOMC on August 10, 2010
Date Schedule
August 16 – September 9, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $14 billion.  This represents purchases associated with principal payments from agency debt and agency MBS expectedto be received between mid-August and mid-September.Schedule »
July 15 – August 8, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $14 billion.  This represents purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-July and mid-August.Schedule »
June 13 – July 11, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $62 billion. This represents $50 billion in purchases of the announced $600 billion purchase program, which will be completed by the end of June, and $12 billion in purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-June and mid-July. As always, this schedule is subject to change should the FOMCchoose to alter its directive to the Desk during the monthly period.Schedule »
May 12 – June 10, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $93 billion. This represents $80 billion in purchases of the announced $600 billion purchase program and $13 billion in purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-May and mid-June.Schedule »
Apr 13 – May 11, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $97 billion.  This represents $80 billion in purchases of the announced $600 billion purchase program and $17 billion in purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-April and mid-May.Schedule »
Mar 14 – Apr 11, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $102 billion. This represents $80 billion in purchases of the announced $600 billion purchase program and $22 billion in purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-March and mid-April.Schedule »
Feb 11 – Mar 9, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $97 billion. This represents $80 billion in purchases of the announced $600 billion purchase program and $17 billion in purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-February and mid-March.Schedule »
Jan 13 – Feb 9, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $112 billion. This represents $80 billion in purchases of the announced $600 billion purchase program and $32 billion in purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-January and mid-February.Schedule »
Dec 13, 2010 – Jan 11, 2011 Across all operations in the schedule listed below, the Desk plans to purchase approximately $105 billion. This represents $75 billion in purchases of the announced $600 billion purchase program and $30 billion in purchases associated with principal payments from agency debt and agency MBS expected to be received between mid-December and mid-January.Schedule »
Nov 12 – Dec 9, 2010 Across all operations in the schedule listed below, the Desk plans to purchase approximately $105 billion. This represents $75 billion in purchases of the announced $600 billion purchase program and $30 billion of principal payments from agency debt and agency MBS expected to be received between mid-November and mid-December.Schedule »
Oct 15 – Nov 8, 2010 Across all operations in the schedule listed below, the Desk plans to purchase approximately $32 billion. This is the amount of principal payments from agency debt and agency MBS expected to be received between mid-October and mid-November.Schedule »
Sep 15 – Oct 6, 2010 Across all operations in the schedule listed below, the Desk plans to purchase approximately $27 billion. This is the amount of principal payments from agency debt and agency MBS expected to be received between mid-September and mid-October.Schedule »
Aug 17 – Sep 13, 2010 Across all operations in the schedule listed below, the Desk plans to purchase approximately $18 billion. This is the amount of principal payments from agency debt and agency MBS expected to be received between mid-August and mid-September, adjusted for prior SOMA agency MBS purchases that have been allocated since August 4.Schedule »
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