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Silver Wheaton Corp. Message Board

  • yourdeadmeat69 yourdeadmeat69 Jun 20, 2013 5:02 PM Flag

    Here's the Deal: Economy is not improving, and the Fed TRANSPARENTLY looks incompetent----AGAIN like 2007

    when Bernookie said "don't worry be happy" about the dip in real estate, which turned into the Depression of 2007-2018. This morning the claims number which was declared a horror show at the levels you are seeing this week only four short years ago, is suddenly a "modestly improving" economic success story at double the increase in claims predicted by the soothsayers.

    So it's damned if they do and damned if they don't--and it looks like they are still going to be buying bonds till the cows come home, and that's a lot of methane, one trillion a year to be exact, for the next 18 months.

    To wean away earlier is to put a needle further into the market bubble.

    We're not at the bottom yet, silver, gold, or the market in general.

    Like I said almost three years ago, they start to unwind the support to the economy only slightly--the equivalent of the downward flow of the entire four percent pop in irates would happen in weeks, not years.

    I wish I was wrong.

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    • Are you suggesting that markets rise with specie? Clearly that hasn't been the trend for this year. I won't disagree with you about bottoms, but...these vampires are living in Fantasyland! Unfortunately, they are currently living with a lot of my money. I need the tide to turn in specie. Sentiment is no good for the dollar either. Until the tide turns, I will have to ignore the value dropping in my accounts. Too late to turn back!

24.33-0.08(-0.33%)Oct 21 4:02 PMEDT