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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (388339)	6/10/2009 8:57:54 AM
From: Real Man	Respond to of 436258

If the clownbuck goes to zero, stocks will definitely soar, but it's probably not time for that yet. You should get some yellow stuff at bargain basement prices this Summer. Somehow gold selling by European central banks didn't work well this time. Didn't crash it. It will do better than stocks. -g- What's really funny - the same dead linear accumulation pattern you see now in gold as in spoos. The PPT must be manipulating both higher. -ggg-

To: MythMan who wrote (388339)	6/10/2009 10:33:07 AM
From: Real Man	Read Replies (2) \| Respond to of 436258

Some new dough... In the old days (2006) the DOW would already be up thousands of points, just from a single operation like this. I remember well when it soared 1500 from 8 billion printing back then. These days it's a daily affair. I don't know if anything can go down any more, except the clownbuck, of course. And, back in 2002, I think, about 4 billion in coupon passes in total was enough to turn the stock market. That, and some lending. Less than 100 billion. Peanuts by today's standard of ~ 9 Trillion in loans and guarantees -g- New York Fed purchases $7.5 billion in Treasury coupons Mon, June 8 New York Fed purchases $4.398 billion in agency coupons Fri, June 5 New York Fed purchases $25.8 billion net ($27.7 billion gross) in agency mortgage-backed securities Thu, June 4