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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (106594)12/8/2009 11:30:51 PM
From: ferris wheel  Read Replies (1) | Respond to of 110194
 
If you don't mind me asking, what miners did you buy?

Thanks,
FerrisWheel



To: TH who wrote (106594)12/9/2009 9:35:18 AM
From: bart131 Recommendation  Read Replies (1) | Respond to of 110194
 
Agreed so far on the shell game side and of course how a reverse repo does nothing after its term, as well as the massive problem crud already on the balance sheet.

I currently view them as a way that Ben etc. can affect both inflationary expectations and CONfidence in the Fed actually not flying blind and punting.

My overall take is that its yet another example of the Fed over reacting and doing the wrong thing per their very own neo Keynesian dogma (total money supply continues to fall both in the US and worldwide)... as I believe we'll find out with poor economic stats starting to dominate again between now and March or so. We got a sample of it today with the large Japanese GDP downward adjustment.