no reason to buy gold - the Fed has fixed everything.
Life is good - no reason to be paranoid.
The Fed has fixed everything..........by printing and printing more US Dollars.
The printing will not stop
The printing can not stop
Hold paper dollars..........Paper dollars will continue to be debased, with no end in sight.
The markets will continue to push down the price of gold, by selling paper contracts.
Gold will continue to be sold by the West, while the East continues to buy gold.
How low will gold go ?
All depends on, how long before the next currency crises.
Many bears have thrown in the towel.
Even delta has ceased his daily, crash predictions.
Does that mean the top is finally near ?
Is this huge bull run about to reverse ?
As long as rates stay at ultra low levels......no other place to put money, except for stocks.
This the market could stay elevated for a long time. What is a long time ?
Even normal 10% corrections have become rare events.
The manipulation continues, so does the printing..........
Delta is a moron - That's the easy part.
Come on delta, tell us how the stock market has "topped"
and will accelerate to the downside rapidly........
Greece to default
TVIX to $100
Silver to $10
deflation as not ended.
inflation will follow deflation, as it always does.
but knowing when........is the trick question.
Buzz, you are too anchored to 2008. Gold and miners rallied sharply during the 1974 market crash. Gold also rallied between 2000 and 2002.
gold has fallen in nearly every bear market - stock market crash.
in 2000........gold hit the low $250.
The Tech Bubble crash, did not have the normal effect on driving gold price down, because gold was already deeply oversold - IMO
Today at $1200/oz..........Id guess gold is very over sold.
Yes, gold could go to $1000 or $999...?????
Gold is competition to the Fiat Currencies.
The Fed does not want you to own gold.
The Fed wants you to own US Dollars..........which can be printed at will.
It will be interesting ........ how this gets resolved.
The Fed can not print forever..........but they will continue to print, in ever larger numbers.
Taper is a joke...........The Fed can not taper.
If anything.........the Fed will increase monthly purchases.
One last thought.
The Fed could allow bonds to fall a little.
At 3% or 4%...........new buyers could be enticed to buy bonds.
It will be interesting.........to see how this manipulation of capitalism gets resolved.
Miners look cheap here.
What seems cheap today, can become more cheap in the near future.
Any stock sell off........bear market, will knock gold and the miners even lower.
In large bear markets, everything gets sold........
But the bottom for gold and the miners is not too far away in time and price.
The Fed can not stop printing...........
The Fed could slow printing, but they can not stop, not until the next reset.
Yes the next reset, will be another interesting historical event, just as many historical events have happened over the past 1000 years.
One possible outcome - The government outlaws gold ownership.
If the population sells their gold, the price of gold would fall to $500.
Another possible outcome -
The world, could lose faith in the US Dollar............and gold would spike.
No one knows........only time will tell
But everyone can make a guess.
Is the economy strong enough to justify NEW HIGHS ?
The power of printing ......... ?
Still laughing at the morons who predicted,
Greece to default, and take the world down too.
Who was the genius, that predicted a Greek default ?
Was it Delta ?
Over extended ISEE and high levels of margin.....danger signals.
But with unlimited QE........market behavior and remain distorted for extended periods.
Taper anytime soon ?
Talk of taper..............but real reductions in QE are not possible.
A Fiat system, combined with a Reserve Currency status - More powerful than most think.
Print baby print............
Which Guru are we referring to ?
The TOP is near, oh my
Yes, all bull markets are followed by bear markets, that's easy
Duration and depth are a little more difficult.
THINGS ARE A LITTLE DIFFERENT THIS TIME.
The amount of government manipulation, distorts markets.
When the manipulation ends or is ineffective, normal market forces will prevail.
When $85 billion a month is ineffective, it will become $150 Billion a month,
The power of Fiat, with the Reserve Currency status...........is powerful ( for now )
delta - are you still upset, I slept with your wife ?
get over it.............it only happened a few dozen times.
speaking of investment worth pennies.
How many reverse splits for TVIX and UVXY ?
The Fed has no other option.
$85 billion a month - will be $125 billion a month, to be followed by $200 billion per month
Holding cash.........purchasing power will erode.
The Fed wants everyone is stocks.
Most people own stocks............
The poor have no stocks.........but the poor have welfare programs.
Gold has been a store of wealth for 4000 years.
TVIX UVXY and SDS last only for a few weeks.............
The printing is not going to stop for years to come.........many years into the future.
Delta you are a moron.
Gold is not profit vehicle - Gold is a store of wealth.
Gold will still be here, long after your SDS has gone to zero.
another mistake - delta
Delta thinks, everyone is broke and lives in a trailer park.
Delta thinks, Christmas will be a failure.
Delta is a prime example of - Misery loves company.
Christmas sales will not be great, but a lot of product will be moved.
Just like the economy, not great, but still moving forward.
Delta posted - SP will never go above 1200
Delta posted - Market to crash soon
Delta posted - TVIX to $100........now about 10 cents
Delta, remember when I told you AMR (AAMRQ) was a buy at $1
delta, you are a moron...........
delta says :
im willing to bet hes hoping everyone just forgets about em
Delta, everyone knows dez makes realistic contributions to this message board, unlike you.
Delta, you are a moron.
bj - you are right, a bunch of people were spooked by 2000 and 2008.
But the same people also see, the market always recovers, and goes to new highs.
Earning 1% in the bank or bonds, is not going to make it.
No alternative, other than stocks.
The Fed , Washington, and Wall Street has to keep the party going, until the sheeple are invested ?
Buzz I think you nailed it last year with fiscal cliff to be fixed with more printing, Greece stays in Euro zone, oil 80-120, and SPX to 1500. Few could make those predictions last year. Well done
Tex - My call for SP 1500 was way too conservative. I should have known, printing and excess liquidity has only one place to go.........Stocks.
Yellen will and subsequent Fed Chiefs, will always print, what ever is needed.
When margin levels get too juicy, Wall Street will allow a few corrections to strip the sheeple.
All corrections will be followed by a run to new highs on the averages. (until the next bad bear).
Oil will continue to behave, until inflation arrives in the next several years.
The US Dollar should continue a slow fall, a slow managed fall over the next 10 years.
A lower dollar will be good stocks and US exports.
All currencies will continue a slow decline..........a result of continued printing, allowed by a FIAT System.
Some currencies will have temporary rallies, to be followed by large declines, over a long time frame.
Stocks are one method to protect wealth from a loss in purchaseing power.
Stocks are one method to protect wealth from inflation
Stocks have moved far and fast since 2010...........three years ago
But most little investors are still in MM.......money market funds.
With so many still in cash.......I doubt a real market will entice those funds into the markets.
Many in cash, have been praying for a pull back, to buy stocks.
There should be a few meaningful corrections to get the majority of sheeple onboard,
prior to the next real bear market.............
SP 1800.........Only about 10% away from S/P 2000........
Not to far away ???? Mabe yes, maybe no
At this elevated level, it become more difficult for the market to rise, as the amount of money needed to fuel the advance is a lot. Baby Boomers set to retire, withdrawing money from stocks in the next several years.
The Fed (Yellan) will keep the ultra low rate police,
Maybe a test of just low rates, instead of ultra low rates..
The low awaited correction is close.........
How deep of a correction - I do not know, but anyone can guess.
Almost December, time for Tex to start the annual guess for S/P targets in 2014.