The nature of smart money revealed. Several times PIMCO has said a few things that raised eyebrows, basically causing suspicion they knew the Fed's moves before they were announced-that's smart money for you.
We had negative divergences in GLD before it broke it's uptrend, later that week it was confirmed that PIMCO was selling.
Guess who a Fed adviser was?
Quoted from the article below, " Pacific Investment Management Co. (PIMCO) and BlackRock Inc. weren’t only advisers to the Fed, they were also trading securities they helped value, the Fed data show."
Full Article
Ron Paul is going to have some serious questions for Bernanke
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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