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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (88445)	7/2/2009 2:35:23 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 94695

the banks are hoarding the money. basically, they lost trillions and the fed has replaced it. the economy is in the tank and the banks won't loan much. money in a vault won't destroy the economy and it ain't coming out until after we start getting a real recovery, which will be a while. now, when the depression level unemployment hits and sticks for a while, then the presses will be employed to start paying for more and more of government services. like paying people. that's when we head the direction of zimbabwe, imho. it might take a 1-3 years to get there, though. TBT is my largest position right now, but i think it could be taken down 20% if the S&P cracks - flight to safety and all. i'm out of TBT the second the S&P cracks and TBT shows weakness. i will re-enter, of course. hopefully at a lower price.