Re: The Coming Rout
in response to
by
posted on
Mar 08, 2011 06:43PM
We may not make much money, but we sure have a lot of fun!
Mostly planted stories we have been hearing for a yr now, i actually agree this scenario will be jawboned by all the talking heads for the next 2 months. They may even try to pretend that qe has stopped officially which they then will hammer gold or drop the general equities 15 % to try to lop off 400 dollars off of gold from the 1500 to 1600 level in june. They will try everything, believe me.
In reality if they do stop qe before qe5 is here, the standard of living in the states will drop magnitudes, the markets and the entire economy will collapse and the ponzi scheme ends. Who buys the debt. It will never happen, qe is the only thing elevating the dow and keeping the states as the lone superpower. So expect it, they will extend and pretend until it just falls apart and then we get war to take the blame and bring out the patriosm card as it is not cool to march on the gov during war.
I refer you to "The best laid plans of mice and men"
They are in a box and no way out now. Once cofidence is gone it will end. How do you keep confidence, keep commodities low to show no inflaton, goose the 401k's in the dow, print and keep real interest rates negative.
I do agree the scenario about pretending to stop qe will be applied if gold and silver get too hard to keep lower because of the overwhelming buying that will continue.