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Post by dg on Sept 13, 2012 16:08:06 GMT -5
With unlimited QE, the government is announcing its intention to print money like there is no tomorrow. IMHO, time to stock up on long term storable food, water, energy substances, medicines, bullets and gold/silver.
Hope I'm wrong!!!!!!!
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Post by sd on Sept 13, 2012 19:24:10 GMT -5
It Sounds like Ben is making the market believe all is well, and that he will do whatever is necessary to continue the parade- Those with a short bias should beware- You may eventually be proved right- but that day will be postponed indefinitely .... One has to consider the timing of this- If this Fed policy of additional easing would actually have substance, why has it not been done months earlier- ? One can only assume that if QE 1 -2 were not considered to be a success in stimulating the mkt, QE3 will not have actual long term substance. This can be seen as election politicing- I hear that the Fed is willing to print 40 Billion / month- This is a VERY short term trade opportunity- With the ultimate result a decline in the dollar value, increase in Gold / an expectation of some rationale that jobs will now materialize- As the dollar declines in value on the world market with Ben's printing, our exports will be more affordable and we may indeed see a temporary resurgance of low paying jobs back to the US. I think Kudlow has it right- Obama will likely get reelected, as a surge in the market will be viewed as the econonomy is improving-\ He will believe he has a mandate to follow his policies- the so called "Fiscal-Cliff" will come and we will see the economy constrict and then crash.
Ultimately, as traders- don't fight the Fed has proven true- Trade with the mkt trend, don't look the gift horse in the mouth etc. Ultimately, I find I'm still a skeptic- but to be honest, I've been a skeptic for the last 3 years the market has rallied- We skeptics have not taken advantage of the unjustified upside move - because we know it's not based on merit- The reality is, the market can and is manipulated in spite of all our negative fears, our justified doubts- our very naieve perceptions. We have a belief- a bias- that causes us to not believe in the moment, the trend- and we hope to be proven "right" eventually. The 'Trend' however un justified- can continue as long as the forces behind it continue to manipulate the market perception. Let's assume that this mkt news will surprise a seasonally negative period- Go Long, Buy Gold- SD
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ira85
New Member
Posts: 837
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Post by ira85 on Sept 6, 2021 20:04:25 GMT -5
daleted
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