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waf76

waf76
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  • Should You Trust Your Instincts On Gold? [View article]
    My sentiments exactly. Well said.
    Jul 31 03:46 PM | 5 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 24............  [View instapost]
    @ Interesting Times

    They will never willingly taper or stop. They will print until their is a crisis and the market forces them to stop. Until then its rinse, wash, repeat.
    Jul 31 03:31 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 24............  [View instapost]
    @curls-100

    Sorry for the late response, I haven't frequented SA much recently. I follow the adage "if you don't hold it, you don't own it". I look at all my PM holdings as a hedge against the western debt based monetary system. I'm betting against the Fed. I know they will always print. There is nothing else they can do. Today is further example. Let the masses be heavily invested in this market. I only have my 401k in it but i also have decades before I retire.

    Recently I purchased Valcambi Platinum Combibars. Platinum and Palladium are both up this year. They should perform as silver does meaning they have industrial uses and can be tied to the economy. What I really like about platinum is that it is 30 times more precious than gold and trading at essentially a 1-1 ratio.

    I also like China Platinum Pandas but they are quite expensive as their value far exceeds the intrinsic value of the underlying metal.
    Jul 31 03:30 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 24............  [View instapost]
    Bernanke definitely didn't say anything we didn't expect. He only can threaten to stop printing but he actually can't ever stop printing. I'm really liking Platinum at these levels.
    Jul 11 04:10 PM | Likes Like |Link to Comment
  • Fed Tapering Scenarios: The Winners And Losers On Wednesday [View article]
    Did i call it or what?
    Jul 11 01:37 PM | Likes Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    only took a few weeks to reverse on the taper....can see this clown (the bernank) coming from a mile away...
    Jul 11 01:36 PM | 3 Likes Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    mechanically i may be wrong but my point is valid and i knew there would be no tapering.
    Jun 19 03:32 PM | Likes Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    The deficit is declining but it is an illusion because of the interest payments being paid back to the Treasury from the Fed. So the Treasury sells bonds, nobody buys them but the Fed,(remember bonds are not assets to the treasury, they are liabilities) then the Fed earns interest on them which are returned to the Treasury. So yes the deficit is lower this year but it is unsustainable as the Fed is the only buyer of treasuries. China doesn't use their direct line and the Fed is buying open orders out in the market in addition to the new issues. Its all smoke and mirrors.
    Jun 19 11:31 AM | 7 Likes Like |Link to Comment
  • Fed Tapering Scenarios: The Winners And Losers On Wednesday [View article]
    Yes, they simply can't hold to maturity due to Operation Twist. They're holding 30 year bonds. When rates go up the Fed's balance sheet will be more toxic than any bank that was bailed out in 08/09. They are truly checkmated. The only answer they know is to print more. Tapering threats are just an illusion. The Fed will print until the market collapses. I have no idea when that is but I know the Fed will continue printing up until that time.
    Jun 19 10:55 AM | 1 Like Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    And tapering; this term is funny to me, just means to print money but at a slightly reduced rate. That is what constitutes as tightening nowadays.
    Jun 19 10:36 AM | 3 Likes Like |Link to Comment
  • The Fed Is Between A Bubble And A Hard Place [View article]
    That's why I see that there will be accelerated printing; tapering is an illusion to get the market pessimistic, make the markets move down, have the people clamor for more QE, and Bernanke will ride in on his white shiny horse with helicopters from above dropping money bags. Then he can exit as chairman and have the crash occur on Yellin's watch.
    Jun 19 10:34 AM | 2 Likes Like |Link to Comment
  • The Bernanke Agenda - It Isn't What You Think It Is [View article]
    apparently Yellen is even more of a Keynesian than BB....
    May 17 10:51 AM | Likes Like |Link to Comment
  • Is A QE Exit Really Scary? [View article]
    housing starts, its so incredulous of a statement...using purely Fed charts, look at the delinquency rate on residential mortgages
    May 17 10:50 AM | 1 Like Like |Link to Comment
  • Is A QE Exit Really Scary? [View article]
    and just to add to that, we were at 800k in 2000. We're halfway to the housing levels of 2000. Housing starts, lol.
    May 17 10:49 AM | 1 Like Like |Link to Comment
  • Is A QE Exit Really Scary? [View article]
    housing starts are non-existent. check out the Fed's chart on new homes sold. we're at like 400k, up from the lows of 300k but nowhere near the 2004-2006 highs of almost 1.4 million. dead cat bounce.
    May 17 10:48 AM | 1 Like Like |Link to Comment
COMMENTS STATS
588 Comments
1,329 Likes