12/12/12 Fed Announcement QE4? Speculations..

[The FCT]

Hi All, I am wondering what peoples views are as to the Fed announcement tomorrow at 12:30pm ET 12/12/12.

According to this article, the consensus is in, that Bernanke will print:
Fed Seen Pumping Up Assets to $4T in New Buying - Businessweek

Stocks are already Buoyed by the news, but commodities are fairly unchanged still,

Should we expect gold, silver, and oil to rocket upwards on tomorrows announcement?

Or will there be a new twist?

 

[YouAreNotFree]

Everybody is already expecting $40 Billion per month so I assume it would have to be substantially more, or some other unexpected easing for them to move very strongly to the upside.

The wording of the statement may well influence them too, in terms of the economic outlook etc.

 

[The FCT]

I see, thanks. So you are not expecting any major commodity moves tomorrow,
unless perhaps Bernanke doesn't produce the goods, in which case things could sell off..?

I actually think that he will do the $40bn boost as expected, this past year the fed has always conformed to expectations, there may be some superficial sugar high perhaps, but i will be listening to the statement.