Burn another HOLE in our pocket... Quantitative Easing Round 3!!!

All eyes are now on Jackson Hole event on coming Friday 10pm where Fed Bernanke will announce monetary policy for US. This is significant as it was this event last year that Fed announce QE2!!! Will Fed announce QE3 to save the equity markets? Or will this be a black swarm event that sparks something similar to the collapse of Lehman Brothers? Let's put forward the scenarios:

QE3 announced on Friday (darn! they deserve B rating from S&P, Moody, and Fitch)

1. USD dollar will get trashed
2. US treasury and bond yield will go up
3. Risk sentiment for equity market and risk assets will pick up
4. Precious Metal will break new high
5. Singapore Dollar will appreciate against USD (maybe long term we might hit parity; good news for SG shoppers)

QE3 NOT announced on Friday (unexpected scenario)

1. USD dollar might appreciate as investors seek refuge in US treasuries and bonds
2. Equity market and risk assets get trashed as disappointment mounts
3. Precious Metal (Unknown reaction, it might react lower and then pick up as fiat currencies are losing flavor)
4. USDSGD may retraces higher

Will Fed burn another hole in our pocket by printing more money, inflating everything around the world? Can they continue abusing their World Reserve Currency status? Will they continue to punish the savers and reward the Wall Street pundits? 

We will see coming Friday... 

Happy profiting!!!