SI
SI
discoversearch

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (72459)3/29/2011 12:23:38 PM
From: Canuck Dave  Read Replies (1) of 217673
 
"Testing the faith."

From examining the Fed's Z1 flow of funds data, Doug Noland estimates that it is taking 1.8 trillion dollars of new credit to maintain the maladjusted economy and hold interest rates down. This year is headed for two trillion.

So a few Fed-heads are making noises (between Fed meetings) about winding down the stimulus, putting a lid on gold and currency speculation. Really? And the deficits will be funded by what mechanism?

For me, faith boils down to making a decision between a bunch of unelected bankers running a breathtakingly large Ponzi scheme and a cube of metal about the size of an Olympic swimming pool.

Who ya gonna trust?

CD
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext