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 368.29+0.6%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (198561)5/3/2023 1:02:26 PM
From: sense  Read Replies (2) of 217602
 
Fed meeting today... everyone expecting 25 basis point raise...

And, then, scuttlebutt has it... after a pregnant pause... rates begin being lowered again...even if too little, too late... by design, for those being destroyed by problematic positioning just now...

Many are expecting that beinning to lower rates will push stocks higher... claiming "history" shows that when you reach the point that rates start falling... that's good for stocks.

But, they're making up history. Reality is that when rates have to be lowered "or else"... the indication is one of how bad things are... with at least a year of "bad, to worse" still ahead... as that's the lag time for the excess in rates to do the damage high rates are intended to do... Markets tend to crash at that point where rates start lower... given intensifying recession looming... and the purveyors of all the lies told about how great things are as the economy falls apart... are suddenly called to account...

The banks are already defacto BK. But, the legalities in "real" BK versus the banks "self regulated" failure avoidance schemes and sleights of hand in "transfers"... means that there are larger shoes that have yet to begin to drop... The biggest shoes yet to drop appear to be in commercial real estate... and, some say, when that begins getting sorted... there won't be any refugee available even for the largest of the "systemically important" banks... And, the pace at which things drag out there... tends to drag other things out, too...

Zero Hedge has it about right, IMO...

COMEX Gold JOLTed Again
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext