The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Giordano Bruno who wrote (7463)	5/18/2008 9:47:01 PM
From: Real Man	Read Replies (1) of 71475

Not yet. They lowered rates, injected a huge pile of temporary liquidity to help derivatives, and backstopped the collapse of subprime lending using FHLB (FNM, FRE) loans of subprime type (3%, 5% down). Banks are still in tightening mode due to solvency problems. Sinclair comment - LOL! I agree... "If your kids don't speak Mandarin they will not be able to speak to their bosses. Volcker won it all and Greenspan gave it all back and then some. Have pity on Bernanke, as he is just the man left to hold the bag." Here is another one. Calling for a melt up for precious metals. "cancel all your sell orders for Sunday night. Dear CIGAs, 50 years of trading markets and building companies combined with outrageous good fortune has given me a reliable sense of timing and value. I suggest that you cancel all sell orders at any price in precious metals immediately so that no orders exist when Asia opens. Sometimes Bert and Jesse trusted their years of experience to guide them free of any tools at major points of change. The hairs on the back of my neck are standing up at attention. Not a pretty sight. That is what happened at $400 in the 70s and $600 recently."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next