That QE taper may end up being a QE expansion as FRBNY President Bill Dudley tells a gathering in Japan the uncertain economic outlook has him unsure if the next move will be up or down. He worries about investor over-reaction to a "normalization" of policy and suggests the FOMC may need to update what it needs to see to move in that direction. Stocks like the "up" talk, the S&P 500 (SPY +0.4%) at a fresh session high. [View news story]
i suspect the bubble market in stocks is actually the banks buying since 2009 with their zirp funds. they received these funds from the fed in exchange for all the bad mbs and god knows what else. so we the tax payer now own mbs trillions worth, the banks own all the productive companies and we the people are all debt slaves.
the fed res "system" is working perfectly as it has for the last 100 years.
Market Running On Fumes, Prepare Your Exit Strategy [View article]
to op's point the banks are using free money to buy assets in the open markets while at the same time the fed is putting all the mbs and other junk the banks have on their books on the feds balance sheet to be paid off by the us tax payer along with the looting of we the peoples savings through devaluation.
China's local government debt is "out of control," says Zhang Ke, head of a top Chinese accounting firm, and it could spark a bigger crisis than the U.S. property crash. He says his firm has mostly exited from the business of underwriting local government bond issues as the municipalities cannot service the debt they are taking on. "Things could become very serious." [View news story]
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
gold is a "dooms day for paper" investment, its not a trading vehicle but a fundamental trade more like the finite number of years you have to live. a fixed value for exchange with the most valuable thing any of us has, the time we have on earth.a paper system that is debased daily is a poor exchange for that value and is fundamentally evil because of its intent of robbing you silently of that which you have given your life for. the day to day swings of this evil enslaver, debt note, has nothing to do with the reason for holding gold or people too brainwashed to recognize what true value actually is.
gold stands on its own, it is free, like americans were.
More on Amazon: 1) Morningstar and CIRP estimate Amazon's Prime subs have surpassed 10M. They also estimate Prime members spend an average of $1,200/year on Amazon (twice as much as others), and that Amazon made $78 per Prime sub last year after various expenses. Bloomberg previously reported Amazon had only 3M-5M Prime subs as of Oct. '11. 2) Amazon Web Services is making a stronger push for enterprise accounts by adding virtual private clouds as a default option. Microsoft, VMware, and OpenStack supporters are pitching private and/or hybrid clouds as an alternative to AWS. [View news story]
I got a trial, free shipping on a HEAVY bench grinder on sale, I had it shipped overnight for 3.00 more. lol
Haruhiko Kuroda - nominated to be next BOJ governor - ratchets up expectations for the central bank's first meeting under his leadership (April 3-4), telling parliament he will do whatever it takes to end deflation. Adding a bit of humor to his confirmation hearing, he says the BOJ's easing isn't aimed at weakening the yen. Dollar/yen -0.1% at ¥93.43. The NIkkei +0.7%. [View news story]
its too late when you hear that " whatever it takes" lie.
Michigan Governor Rick Snyder declared Detroit to be in a state of emergency on Friday and said he would appoint an outside manager to help turn around its dire finances, which include $14B in long-term liabilities. City officials have ten days to persuade Snyder to change his mind. Should he uphold his decision, it would be the latest step in attempts to prevent Detroit filing what would be the biggest municipal bankruptcy in U.S. history. [View news story]
there is no tax base. 3 bdrm brick houses sell for 10,000 dollars if you can find a buyer. the bond holders are going to take one for the team. and it still wont fix the problem because the problem is a certain demographic.
Physical Vs. Paper: Is The Gold/Silver Price Correction Over? [View article]
the us treasury has sold hundreds of tones of gold to china and India and is emptying the vaults as we speak. the us is done by design and this is the final knife in the back. the destruction of the us dollar as reserve currency.
RBS's (RBS) Libor fine will be £400M ($627M), Reuters reports, which is higher than the $500M that the WSJ speculated yesterday, with the full details due to be announced later today. All RBS says is that it will pay "significant penalties," with CEO Stephen Hester warning of a "miserable day." Meanwhile, U.K. Business Secretary Vince Cable has revived a proposal to privatize the government's 82% stake in RBS by giving its shares away free to the public. [View news story]
AB InBev (BUD) intends to "vigorously contest" the Department of Justice's lawsuit that seeks to block the company's $20B deal to take control of Modelo, arguing that the DOJ's analysis that the transaction will lead to too much consolidation in the U.S. beer sector and cause price increases is flawed. Experts reckon the sides will try to thrash out an agreement in private, with concessions possibly including the sale of Modelo's bottling plant in Mexico. [View news story]
a monopoly will be easier to put out of business when Obama care outlaws booze for Americas slaves.
That QE taper may end up being a QE expansion as FRBNY President Bill Dudley tells a gathering in Japan the uncertain economic outlook has him unsure if the next move will be up or down. He worries about investor over-reaction to a "normalization" of policy and suggests the FOMC may need to update what it needs to see to move in that direction. Stocks like the "up" talk, the S&P 500 (SPY +0.4%) at a fresh session high. [View news story]
they received these funds from the fed in exchange for all the bad mbs and god knows what else.
so we the tax payer now own mbs trillions worth, the banks own all the productive companies and
we the people are all debt slaves.
the fed res "system" is working perfectly as it has for the last 100 years.
what is the definition of treason?
Why Inflation Never Came [View article]
its all the fed looks at, stupidly, and its never coming back.
put that in an equation.
Real World Support For Silver Prices [View article]
Market Running On Fumes, Prepare Your Exit Strategy [View article]
in the open markets while at the same time the fed is putting
all the mbs and other junk the banks have on their books on
the feds balance sheet to be paid off by the us tax payer
along with the looting of we the peoples savings through devaluation.
at what point do we the slaves call it treason?
Gold: A Bright Shining Lie? [View article]
China's local government debt is "out of control," says Zhang Ke, head of a top Chinese accounting firm, and it could spark a bigger crisis than the U.S. property crash. He says his firm has mostly exited from the business of underwriting local government bond issues as the municipalities cannot service the debt they are taking on. "Things could become very serious." [View news story]
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
that value and is fundamentally evil because of its intent of robbing you silently of that which you have given your life for. the day to day swings of this evil enslaver, debt note, has nothing to do with the reason for holding gold or people too brainwashed to recognize what true value actually is.
gold stands on its own, it is free, like americans were.
More on Amazon: 1) Morningstar and CIRP estimate Amazon's Prime subs have surpassed 10M. They also estimate Prime members spend an average of $1,200/year on Amazon (twice as much as others), and that Amazon made $78 per Prime sub last year after various expenses. Bloomberg previously reported Amazon had only 3M-5M Prime subs as of Oct. '11. 2) Amazon Web Services is making a stronger push for enterprise accounts by adding virtual private clouds as a default option. Microsoft, VMware, and OpenStack supporters are pitching private and/or hybrid clouds as an alternative to AWS. [View news story]
Why REIT Dividends Are Not A Mirage [View article]
Haruhiko Kuroda - nominated to be next BOJ governor - ratchets up expectations for the central bank's first meeting under his leadership (April 3-4), telling parliament he will do whatever it takes to end deflation. Adding a bit of humor to his confirmation hearing, he says the BOJ's easing isn't aimed at weakening the yen. Dollar/yen -0.1% at ¥93.43. The NIkkei +0.7%. [View news story]
get physical
Michigan Governor Rick Snyder declared Detroit to be in a state of emergency on Friday and said he would appoint an outside manager to help turn around its dire finances, which include $14B in long-term liabilities. City officials have ten days to persuade Snyder to change his mind. Should he uphold his decision, it would be the latest step in attempts to prevent Detroit filing what would be the biggest municipal bankruptcy in U.S. history. [View news story]
Physical Vs. Paper: Is The Gold/Silver Price Correction Over? [View article]
Physical Vs. Paper: Is The Gold/Silver Price Correction Over? [View article]
RBS's (RBS) Libor fine will be £400M ($627M), Reuters reports, which is higher than the $500M that the WSJ speculated yesterday, with the full details due to be announced later today. All RBS says is that it will pay "significant penalties," with CEO Stephen Hester warning of a "miserable day." Meanwhile, U.K. Business Secretary Vince Cable has revived a proposal to privatize the government's 82% stake in RBS by giving its shares away free to the public. [View news story]
AB InBev (BUD) intends to "vigorously contest" the Department of Justice's lawsuit that seeks to block the company's $20B deal to take control of Modelo, arguing that the DOJ's analysis that the transaction will lead to too much consolidation in the U.S. beer sector and cause price increases is flawed. Experts reckon the sides will try to thrash out an agreement in private, with concessions possibly including the sale of Modelo's bottling plant in Mexico. [View news story]