Will they or won’t they? Bad enough or not? What’s it gonna be?
Almost every “investment vehicle” sans Apple & Google (and the defensives) are trading based on the guarantee of free money liquidity stimulus/pumping coming from every direction; America, Europe, China. And commodities, primarily precious metals, are soaring.
Are these prices justified as “real”? Are they sustainable? Or are they just a figment of the hope of more free money to be pumped into the closed loop of the banking system? Well, my forecast for years has been that the 10 year Treasury bond will yield 1% at the bottom of the “Credit Crisis” and we are not there yet.
One of the most telling signs was from Glenn Hubbard, Mitt Romney’s Finance guy who says that Bernanke should stay if a Republican is in the White House.
You see? Everyone loves, wants and needs free money. But only some will get it. Not you.
5 Responses to Will They or Won’t They?
hope no one is holding their breath, aint gonna be any qe natha.you want qe, go out and get physical pm’s and start stackin.in due time, precious will find real price discovery.patientce,and you wont even heave to wait no longer than november.
Agreed. Physical precious metals have been the emphasis of my holdings for the last year or so after I realized the only thing the Fed does is print directly or indirectly – how can you have real price discovery and how are charts any good if it’s all algo bullshit with no real trading? It can’t be a good end game, so it leads me to conclude to stack the precious metals and wait for the death of fiat. Sorry for the Zerohedge, but SkyNet is real.
Fiat currency is not going to die. The old “Every fiat currency has failed” argument is garbage. Past fiat’s dies not because they were fiat, but because the civilizations using them totally collapsed due to reasons not related to fiat currency.
so the question is are we heading for collasp? the mkt trades to new highs, but are we doing better than before the crash? what is the value of anything?
fiat may not die,per se.but there will be a rukus when metals find a new price.it will create somewhat of a wealth factor for some.what needs to happen is the green back should “grow” with the metals,thus re-inforcing it’s buying power. the euro will die way before our dollar does. besides,why would rothchild lay down a 1.9 billion dollar bet against it,and soros buying a million shares or so of gld, the etf. soros is teaching mr. rothchild how to bring down a currency.those two numbnuts know something. only we can sniff it out.