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Quote from: White Tiger on May 05, 2013, 02:21:18 AMYou realize that 50% of the market is based on government "pumping", right?absolutely - gov't stimulus has much to to do with the recovery -hope you took advantage of it
You realize that 50% of the market is based on government "pumping", right?
Quote from: Runole on May 05, 2013, 08:09:48 AMGovernments trying to stimulate the economy by printing 10 billion a day and buying into the stock market eventually will fail.This has been done for several administrations and isn't something that just started in 2009.
Governments trying to stimulate the economy by printing 10 billion a day and buying into the stock market eventually will fail.
Quote from: Morgan on May 05, 2013, 07:37:09 AMQuote from: White Tiger on May 05, 2013, 02:21:18 AMYou realize that 50% of the market is based on government "pumping", right?absolutely - gov't stimulus has much to to do with the recovery -hope you took advantage of itBy printing worthless notes? It only causes activity, sudden movements in stock prices aren't indicating value - they're just tripping up fund/pension managers. It only works so long as the market agrees with the value of the notes being printed - that's why each printing requires more and more notes to satisfy the value needed - which requires a increasingly higher interest rate to be paid back to the note holders. These are backed by the "full faith and credit" clause - but that only works if you're not debasing your currency.Take a look at the number of 1year, 5year, 10year T-Bills versus sales/disbursements of 30year treasuries.Then take a look at the difference between those divesting of "paper" gold versus those buying "physical" gold (hint: JP Morgan sold off most of its paper, yet on the same day re-acquired physical gold...should be an omen...).It's almost as if the elites are planning a profit taking position - they just have to gin-up some interest to get all the low-information traders to go "all-in" on stocks...
Looks like another good day for the market.....at least it is opening strong this a.m.Anywho - check out the DOW from the time GWB left office and today....https://www.google.com/finance?q=INDEXDJX:.DJI
Quote from: Morgan on May 03, 2013, 10:12:44 AMLooks like another good day for the market.....at least it is opening strong this a.m.Anywho - check out the DOW from the time GWB left office and today....https://www.google.com/finance?q=INDEXDJX:.DJIShame you don't realize why the DOW is doing so great. That is nobody wants to invest to grow their companies due to the cavalcade of laws, rules and regulations currently being regurgitated by this Govt. If they don't spend it on their infrastructure, jobs and payroll they pay it out in dividends. Most stock is owned by funds. 401K's, IRA's, and such like which when they get a dividend they buy ....... more stock. The end result is great Stock Market, **CENSORED** economy.
Shame you won't admit that if a R was president, you would be hyping the Dow, just like Morgan.
Gold plunges to lowest level in nearly 3 years,,,,,,,Gold is suffering as investors continue to weigh comments during the past week from Federal Reserve Chairman Ben Bernanke indicating the central bank's massive stimulus might be winding down. If that's true, it spoils much of the investment thesis of gold being a safe haven because now rampant inflation appears less likely and the economy is more stable. http://www.usatoday.com/story/money/markets/2013/06/26/gold-plunged-to-three-year-low/2460251/
PETER SCHIFF: The U.S. economy is not recovering. We are entering back into a recession, we might be in recession by the end of this year… Housing prices aren't going to keep rising, they're about to roll over and make new post-bubble lows. The Fed is not about to tighten, they're going to ease-- they're going to do even more QE, not less. I think when the market figures this out, there's going to be a sharp reversal in the price of gold and I think the people who are selling it now are going to have a big problem trying to buy it back.
gold tumbling....wall street casino..fixed income a joke....401k plans with few options................we're f..ked.