America’s Debt Bubble Will Implode When Fed Pulls Liquidity
June 15, 2010 by Editor · Leave a Comment
The market basically doesn’t want a recovery right now. It loves high unemployment and a bad economy because it allows the Fed to keep rates at zero which is highly profitable for Wall St via the games that I described above. Of course our crippled economy is an absolute nightmare for the rest of us as we lose our jobs and our homes as Rome continues to burn. Words: 1248
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Artificial Stimulus Will NOT Revive U.S. Economy
February 16, 2010 by Editor · Leave a Comment
The Japanese monetary and fiscal anti-deflation reflex in reaction to the crash in the 90´s was very much the same as the recent and currently ongoing global pumping approach. Japan has been running exactly the same “stimulus” as the rest of the world is now employing to fight the downturn. It didn´t work in Japan and I doubt it will work globally. If ever there was an economic illustration of the fact that “stimulus” cannot revive a REAL economy, Japan is that illustration. Words: 861
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Turk: Will Gold Cartel Succeed in Destroying Free Market System in America?
February 4, 2010 by Editor · Leave a Comment
As I see it there are only two outcomes. Either the gold cartel will fail or the U.S. government will have destroyed what remains of the free market in America. I hope it is the former, but the flow of events from Washington and the actions of policymakers suggest it could be the latter. Words: 1654
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Fear of Higher Interest Rates to Result in $1600 Gold and 870 S&P Before End of 2010
January 20, 2010 by Editor · Leave a Comment
At some point during 2010, unless there is another systemic crisis, the Fed will have to begin raising short term rates and draining liquidity from the financial system to maintain any semblance of credibility. At the first real evidence that the die is cast in favor of higher rates, the market, which prides itself on its ability to discount all known information, will suddenly realize that it has not fully discounted the actuality of higher rates and will, almost certainly, panic. What more lies ahead for 2010? You’ll be surprised! Words: 1905
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