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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (25918)9/9/2011 6:03:58 PM
From: ItsAllCyclical  Respond to of 29622
 
I think oil is the best guide post for that. Given where prices are now I think they'd be hard pressed to start a major QE campaign.

Per your comment I don't feel gold is safe either. For now it's ok, but at some pt they'll either tax or confiscate. Given that it's global there's only so much they can do and we'll need to be much further along in crisis mode before we have to worry about it. However at the end of the day they'll steal/do whatever they can to preserve power/money/status. LG on iHUB used to say think like a criminal but these days that's the same thing as saying think like a FED chair or Wallstreet CEO.



To: gold$10k who wrote (25918)9/9/2011 6:06:00 PM
From: Jim McMannis1 Recommendation  Read Replies (1) | Respond to of 29622
 
We/ve already seen some of QE3/stimulus...aka "ow rates for 2 years and a jobs plan.



To: gold$10k who wrote (25918)9/9/2011 6:07:06 PM
From: TheSlowLane  Respond to of 29622
 
That would be consistent with Thomson's view that the banksters plan is to send Fudd to the breadline. That scenario for the market is what he has been talking about lately particularly now that we are in crash season (sept/oct). After Fudd gets blown out of the market, the Great Reflation can begin. That's the idea anyway.

Not sure I would call what they do "creating" wealth, but I suppose they do have creative ways of going about stealing other people's wealth. <g> But I know what you mean.