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Fuck You Bernanke - Dollar is getting RAPED!
Yesterday the Fed announced they will be buying up treasury bonds. This has the potential to be hugely inflationary and as expected the dollar puked yesterday. The decline continues today.
This is very good for gold. I already have a stockpile of gold and I am going to increase the percentage of monthly income I invest in bullion substantially now. The stock market will probably continue to rally now. Enjoy it while it lasts... If you time it right you will make a killing. Many people have recently. I still do not trust the market though and I am staying out. |
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i bet since this is on bloomberg guys like tony404 can start to believe lol
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Fucking amazing. Market goes up and the dollar drops. And has been dropping for a week
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Sick: 1 EUR = 1.36565 USD
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U.S. Dollar Has Third Biggest One-Day Decline Ever
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Bernanke Inserts Gun In Mouth
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http://market-ticker.org/archives/87...-In-Mouth.html |
Don't stress. The EU is going to start their printing press soon, for the moment commodities is what you need to get into.
I'm sure Bernanke, also gave the UK the nod to start their printing press too. |
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No he'll never change his mind. 'Spare Change You Can Believe In' |
Yeah this is scary. im with you on gold, but in my case, silver also.
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If Iran and / or Venezuala really fancied fucking around right now, and converted all of their oil transactions to the Euro, the shit would really hit the fan for America.
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The UK printing press already started and... ECB Under Pressure to Follow Fed, Economists Say http://www.bloomberg.com/apps/news?p....VI&refer=home Quote:
Read this: http://market-ticker.org/archives/87...-In-Mouth.html Read this: http://market-ticker.org/archives/87...-In-Mouth.html |
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http://www.telegraph.co.uk/finance/f...ve-easing.html |
also, mortgage rates are down to 4.68 on 30 year fixed.
Time to refinance. |
UN wants to ditch the dollar...can you say new world currency
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U.N. panel says world should ditch dollar http://www.reuters.com/article/newsO...52H2CY20090318 |
The real question is.. how will this affect subscription prices for paysites?
Oh it won't! Good good. |
Need to wait for ECB reaction
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I like gold and silver. I think silver had more room to move up than gold does. But both should do well once this inflation hits.
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http://www.reuters.com/article/ousiv...080917?sp=true |
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but but but, Obama is our savior!
he's going to fix those greedy rich people and give to you poor. oops, that kinda doesn't work with the dollar worth less, does it. funny thing is the rabble won't realize this either until its too late. |
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Change!
and everyone can say "well,... he's only be in officer for x weeks." hopefully, people will get that it doesn't matter when you can (and do) devastate the financial markets with a single speech or action. Hope! FRIENDLY REMINDER: Please keep playing the "Bush's Fault" Card before it expires with the conclusion of the Obama honeymoon period. |
The dollar has been fucked for years now.
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Bad times are also prosperous in another ways
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The 6th worst drop was on 11/24/08 (well, technically at the time of the drop, it would have been the 5th worst). You have been registered since March 2008, meaning you could have made a thread about this as well.
I did a search and noticed no such similar thread from you. Not concerned about the state of the economy at that time, or...? :2 cents: |
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Either way this thread, and economics in general, seems to be way over your head. Stick to sales and go back to your cheerleaders thread: http://www.gofuckyourself.com/showthread.php?t=893135 :2 cents: |
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But thanks for the wake up call, chief. I didn't realize taking a picture with cheerleaders completely discredits me from other discussions...well, aside from sales, that is (naturally). |
Dollar decreased because of FOMC putting billions of dollars in the market yesterday... thus, dollar gets weaker...
I got in a 500 pip movement yesterday in FOREX... each pip is 10 bucks, so do the math. ;) great gain for one day of work.. no way you can do that much in adult. |
Did Obama bring in Bernanke? oops nope he came in under Bush but shit lets blame any more he makes on Obama.
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Do you see any reason why the dollar should be strong atm?
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Platinum
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They're printing money like crazy. Haha.
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It's all a giant ponzi scheme. We americans don't have anything to sell that anybody else needs. Untill we face the truth, which is that we have pissed away our real wealth, everything we do will be hallucination. |
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Both sides are in lalaland on this. I mostly agree with your point about our economy, but how is what most democrats are doing any different than what most republicans are doing? I just do not see it... What do you think needs to be done to fix the problems with our economy? Do you feel like Obama is on the right track? |
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The whiners are out as usual. The democrats are just as bought and paid for as the republicans were - but the republicans now are trying to stab the country in the back again, after mismanaging things for many years. No, I don't particularly feel that Obama is facing the hard questions yet. The government stimulus is like giving the patient feeds of plasma and oxygen - nobody in washington has the balls to defy the corporations and start actually closing the wounds. Is he on the right track? You tell me - you've just been in a car wreck, and are bleeding to death. Do you want plasma or not? We all have to face the fact that we've been living in a fake economy. |
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We will see. If it's true, then there's nothing to worry about. |
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Bugger gold, go oil. I'd wager we'll see more of a spike in oil in 18-24 months than gold.
Also lol @ using Glenn Beck in anything other than an argument over the benefits of Kool Aid over Dr Pepper to mask the taste of cyanide. |
the most insane part about all this is everyone chanting "bush was an asshole" - so "give Obama a chance" and they don't seem to even seem to understand the actual economics and whats going on right now.
instead of suffering through the short term pain letting a bunch of shitty and failed companies die and let the economy adjust which really doesn't take very long, we are creating very real and very serious long term problems. Quote:
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Glenn Beck is a fag.
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why must they fuck up everything all the time?
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