Running towards the fire. ...???????
- Thread starter nasa
- Start date
Selling everything and moving short term into the only safe haven, the US$. Europe is a basket case, commodities aren't needed as much in a recession, risky currencies like the Au$ get dumped, and even gold takes a bath, silver is gone.
All helped along by Operation twist, pity none of the experts got their crystal balls out before OT:
http://wallstreetpit.com/84294-effects-of-operation-twist
All helped along by Operation twist, pity none of the experts got their crystal balls out before OT:
http://wallstreetpit.com/84294-effects-of-operation-twist
Photonaware
Active Member
Not convinced the US dollar is safe - we will see a move away from the $ very soon.
The US economy is just as screwed as the others.
All this volatility is created by computer models that are making some folk rich and others loose their shirt.
With global communications in real time, software is running our lives, not people.
The big companies that are strong have not changed in 72 hours even though their share prices have been decimated this week.
Wait a few days and the rises will be just as dramatic as the algorithms differentiating the curve move to a plus rather than a minus.
Wish I had more spare fiat as what a great buying opportunity for Ag right now.
The US economy is just as screwed as the others.
All this volatility is created by computer models that are making some folk rich and others loose their shirt.
With global communications in real time, software is running our lives, not people.
The big companies that are strong have not changed in 72 hours even though their share prices have been decimated this week.
Wait a few days and the rises will be just as dramatic as the algorithms differentiating the curve move to a plus rather than a minus.
Wish I had more spare fiat as what a great buying opportunity for Ag right now.
Safe US$ ???? dont be silly
If we follow the GFC-1 then there will be much gnashing of teeth and wailing - please Uncle Ben print more money - save us - save us and magically by some divine intervention there will be QE3. If Uncle Ben wont play game and print, Big Boss Bernard Obama has an election to win and he with kick Uncle Ben in the butt until he starts printing. Gold and silver and platinum and palladium with reverse and go higher. Be patient sit tight on your PM and if you have spare cash buy the dip.
If we follow the GFC-1 then there will be much gnashing of teeth and wailing - please Uncle Ben print more money - save us - save us and magically by some divine intervention there will be QE3. If Uncle Ben wont play game and print, Big Boss Bernard Obama has an election to win and he with kick Uncle Ben in the butt until he starts printing. Gold and silver and platinum and palladium with reverse and go higher. Be patient sit tight on your PM and if you have spare cash buy the dip.
It seems to me that a lot of people in the business know what will happen if it all goes to %^&* and the only thing for them is to support it as possible and try and ride it out. Unfortunately like earthquakes if you don't have the little ones then the pressure builds and kaboom .. you have a huge earthquake to account for all that extra pressure that has built up die to the smaller earthquakes not happening.
Not a financial analyst or a geologist .. just a feeling, as nothing really is making sense.
Why would anyone consider the USD a safe haven? Only one month ago people were getting out enmasse. Has their debt level changed, has anything really changed apart from the government printing lots and lots of money?
Not a financial analyst or a geologist .. just a feeling, as nothing really is making sense.
Why would anyone consider the USD a safe haven? Only one month ago people were getting out enmasse. Has their debt level changed, has anything really changed apart from the government printing lots and lots of money?
jnkmbx
Well-Known Member
Exactly.
The "normal" people out there believe USD is a safe haven.
They will sell out to embrace it.
Anyone wearing a tin foil hat will tell ya the USD is toast.
Oh yea, the USD is toast
btw. This is what JPM were waiting for when they pumped up gold last month with their $2500 oz call.
Now they will buy up on the way down.
My tin foil hat told me so.
The "normal" people out there believe USD is a safe haven.
They will sell out to embrace it.
Anyone wearing a tin foil hat will tell ya the USD is toast.
Oh yea, the USD is toast
btw. This is what JPM were waiting for when they pumped up gold last month with their $2500 oz call.
Now they will buy up on the way down.
My tin foil hat told me so.
So the sheeple are panicking and selling Stocks, Equities, Gold, Silver and buying US Treasuries with a measly nothing % interest rate.
What happens when all the cash they have is now in US dollars, which, by the way, will coming crashing down like the rogue satellite that's about to re-enter the earth's atmosphere?
Maybe it'll land on the Federal reserve or Bernanke's house?
What happens when all the cash they have is now in US dollars, which, by the way, will coming crashing down like the rogue satellite that's about to re-enter the earth's atmosphere?
Maybe it'll land on the Federal reserve or Bernanke's house?