Market Update Q4 2012, Credit, Domestic Equity, Global Equity, Currencies, Commodities, Gold/Silver | Precious Metals Message Board Posts


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Msg  105105 of 249794  at  11/18/2012 5:15:12 PM  by

kilowatt8

The following message was updated on 11/18/2012 5:35:11 PM.

 In response to msg 105097 by  Bretton_Woods
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Re: Market Update Q4 2012, Credit, Domestic Equity, Global Equity, Currencies, Commodities, Gold/Silver, Miners, China

   Impressive and professional, thank you..
 
<<If the fed doesn’t see desired results, will they push till they blow out the currency vs allowing the mal-investment correct? >> 
 
On this point I never feel particularly uncertain.  They will blow out the currency because to allow the mal-investment to correct would be to throw the mal-invested economy over the cliff and commit professional suicide.  Since the grand keynesian experiment began the answer is always the same. 
 
If we have learned nothing since the onset of the financial crisis it is that they will do absolutely anything....print trillions, break the law, change the rules, lie their asses off, the sky is the limit for actions necessary to prevent the collapse, and importantly people will accept virtually anything as legitimate if it prevents having to face reality .... and so, in time, the collapse will occur through the currency...
 
The biggest QE of all being the fasb abandonment of legit accounting rules...
 
Lucky or unlucky, depending on where you are positioned in this, they have been getting a free pass on the weimar outcome because all the electronic air money goes to financing federal deficit spending, keeping insolvent institutions in business, propping asset prices, and underwriting 'risk-free' leveraged speculation and financial engineering......while the gp is over indebted, broke, jobless, subsisting hand to mouth and otherwise oblivious to currency risk and the historic level of monetary malpractice that is being used to impoverish them...
 
Nevertheless, in the end, the illegitimacy of it all cannot be explained or denied and the market will put a stop to it and the finance ministers will lose control, manifesting as bond crisis and repudiation of the currency...
 
JMO, happy Sunday all 


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Replies
Msg # Subject Author Recs Date Posted
105106 Re: Market Update Q4 2012, Credit, Domestic Equity, Global Equity, Currencies, Commodities, Gold/Silver, Miners, China babywildthing 7 11/18/2012 6:00:36 PM
105107 Re: Market Update Q4 2012, Credit, Domestic Equity, Global Equity, Currencies-Killowatt8, frank1 0 11/18/2012 6:09:35 PM
105120 Re: Market Update Q4 2012, Credit, Domestic Equity, Global Equity, Currencies, Commodities, Gold/Silver, Miners, China AmericanCaliberMan 0 11/19/2012 10:19:58 AM


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