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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (92550)6/19/2013 4:10:15 PM
From: Roads End1 Recommendation

Recommended By
Bonefish

  Read Replies (3) | Respond to of 119361
 
Bernanke just laid out kind of a good cop / bad cop scenario designed to save face as best he could with a plan to normalize knowing full well the plan has to be executed by his predecessor. Anyone here think the next chair selected by Obama is going to implement it?



To: TH who wrote (92550)6/19/2013 4:22:25 PM
From: Horgad1 Recommendation

Recommended By
Bonefish

  Read Replies (1) | Respond to of 119361
 
Seems possible, as it always has, that the FEDs will yield to the pressure and will stop filling the punch bowl. And which point everything goes to shit fast and the punch bowl is refilled post haste X2.

As a country, I don't think we have what it takes to actually stop the insanity and face the reality of how little is left of our real economy (the part that can actually float on its own) and anyhow we are probably past the point of no return. So even if somehow find the guts to take a way the punch bowl and keep it away, a currency collapse may still come.

Anyhow what matter at the moment is that gold is still Bernankes bitch, but also to a lesser extend that he is not keeping all of the balls in the air today as the markets are also down.