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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (78568)8/26/2011 11:21:25 AM
From: carranza21 Recommendation  Read Replies (2) | Respond to of 217749
 
Jesse's take on Bernanke's speech is, as usual, spot on:

He is trying to stand his monetary policy on a two legged stool, and it is not working. The all important fiscal side of economic governance is broken. Not so much that it is doing the wrong things. Rather, the process itself is broken, hopelessly frozen by ideological warfare and implacable extremes.

More here:

jessescrossroadscafe.blogspot.com



To: TobagoJack who wrote (78568)8/26/2011 4:42:38 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 217749
 
Message 27597589



To: TobagoJack who wrote (78568)8/28/2011 10:56:05 PM
From: Hawkmoon1 Recommendation  Read Replies (4) | Respond to of 217749
 
The question, TJ, is whether the demand for "physical" has reached the "shoeshine boy stock tip" phase?

Remember Joe Kennedy claimed that he sold all of his stocks in1929 when he was offered a stock tip by a shoeshine boy (some also said he claimed it was an elevator operator), fearing that top had been reached when even the shoeshine boys were making recommendations.

Is it the same with Gold and other PMs?

economist.com

Only time will tell.. But PMs have taken a hard downturn.. More than I expected.. So a lot of technical damage has been done to their charts and that will take time to repair.

Hawk