Now that the Debt Ceiling has been raised, How long until QE3?

As we have seen in about 5000 ATS posts, the debt ceiling has been been raised. The question is, How long until the Fed starts buying up all the bonds again? Whether they call it QE3 or OT2 or something totally different, any guesses on when?

If you guess right I will personally send you the entire bank of Monopoly

I will guess by mid may the FED will be announcing it's new bond-buying program

Originally posted by Skerrako
As we have seen in about 5000 ATS posts, the debt ceiling has been been raised. The question is, How long until the Fed starts buying up all the bonds again? Whether they call it QE3 or OT2 or something totally different, any guesses on when?

If you guess right I will personally send you the entire bank of Monopoly

I will guess by mid may the FED will be announcing it's new bond-buying program

I dont think it has just yet still needs to be passed.

Wont it be a surprise if it failed at the last possible minute.

Wait, wait wait, it hasnt been passed yet? Can you clarify, i thought i read it already passed n everything was good to go?

Originally posted by Amassuo
Wait, wait wait, it hasnt been passed yet? Can you clarify, i thought i read it already passed n everything was good to go?

Here's the current situation

www.cnn.com...

finance.yahoo.com...

Anything can still happen

Debit deal vote on Monday August 1 2011

www.cnn.com...

And even if it does we are still deep in the red and will be more after this temporary fix (which is noting more than buying time) passes (which i believe it wont pass as soon as they see it only cuts 1T within 10 years and less than 1T in reality).

So, they've used up all they're free crisis t.v. time and now it's time to move on to the next grand example of whats the word I'm looking for? oh yeah, INCOMPETENCE!, wonder what the next big thing is gonna be inside the beltway? Who knows, wonders never cease !

hopefully soon...i need my silver to go up....


i also don't know what they plan to do when they need more money in like 2 months

unless they know it won't matter......

Originally posted by BadBoYeed
hopefully soon...i need my silver to go up....


i also don't know what they plan to do when they need more money in like 2 months

unless they know it won't matter......

You wont need to wait long for your silver to go up.

As soon as next week comes they will see the mistake they have made waiting so damm long to fix this crap.

Maybe all this debt ceiling soap opera was a launchpad for QE3!?
Anyways im guessing this month QE3 and silver 50$

reply to post by BadBoYeed


I am waiting for silver to go up as well, but I know to be patient because after the rise of silver I know I will be wishing that I bought even more!

Originally posted by BadBoYeed

i also don't know what they plan to do when they need more money in like 2 months

unless they know it won't matter......

Aren't they raising the ceiling so they can borrow a couple trillion more dollars? I know government spending is out of control, but they won't go through an extra 2 trillion in 2 months lol. The end of the world won't be happening, like I think you're implying, Elenin will pass by safely.