Silicon Investor (SI) -- The First Internet Community

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.

Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (4987)	6/25/2003 2:48:37 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 5423

Fed prefers gradual crawl into the Liquidity Trap with 25bpt I havent yet read their comments, but I will probably full of Fedspeak crappola they raced with 12 rate cuts ending last November what does the market, what do economists expect, with this latest cut that didnt occur in the previous 12 ??? in the next few months, we will see gradual erosion of trust in both Greenspasm and the Federal Reserve itself I said all summer last year that the Fed would be rendered powerless, as the asset bubble deflates, as the overcapacity lingers, as the bankruptcies continue, and as more debt is incurred I cited their nastyass dilemma either send the dollar down hard and fast, inviting price inflation from Asian shores, as we attempt to rectify trade imbalances or pump money into the system to keep the economy afloat, monetizing the long bond (and mortgage rates) both result in USDollar damage, no way out and when it comes, economic recession follows no way out we are seeing exactly that now our two greatest risks come internally (lost jobs) and externally (falling dollar, import price risk) we are much closer to the Puplava Perfect Storm than a year ago in fact, I believe we are now caught within its snare only a matter of time its telltale characteristics: - economic recession - stock bear market - falling dollar and price inflation damn, this is to get ugly we Americans like to think the Japanese handled their LiqTrap poorly we are doing the same thing the latest parallel item is that US Mortgage system is now gearing toward inflated real estate not just the banks, but the GSE's Fanny & Freddy as real estate unwinds in price, the damage will be localized to the GSE's some morons call it a RE bull market it is merely a new asset bubble which will unwind when it does, GSE's will require a $1 trillion bailout, and many banks will be severely harmed / jim