Silver Wheaton Corp. Message Board
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THE FED will not and can't end QE. I am totally correct about my statement. The ending of QE now
would mean a collapse of the economy to depths not ever seen since the civil war. The unemployment rate would be 40 to 50%. Social unrest would be at its heights, and home prices in America would drop by 70 to 90 percent. You really think they are going to quit now? The statements are meant to scare people our of gold and silver positions. The fed is not stupid, and they know they are trapped at this point. Could you imagine interest rates at even 7 percent ? OMG, I would debate Uncle Ben and he could only lie, as he is no dummy.
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you are correct,only mentioned to help smack gold and silver
- 1 Reply to phil4n
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Do either of you fools speak English?
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According to many I have heard this morning, including Rick Santelli, it was more to scare the lawmakers and the administration. They are saying now that the FED is feeling like it made a mistake trusting and helping a dysfunctional administration who never had any intention of returning to fiscal sanity and a balanced budget.
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well now we should all know they can never ever do it.
now you know what I would do what they are doing to cause STAGFLATION.
the expectation of lower inflation or deflation instead but in reality they are still pumping money but to the gov and their cronies only.
they will in fact do it behind closed doors.- 1 Reply to ryugo82
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Each and every dollar issued that pushes us further beyond our GNP, (gross national product) is very likely making more military conflict all the more inevitable.
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