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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (53260)9/30/2013 2:55:53 PM
From: ggersh  Respond to of 71445
 
What a "free markit" truly is. -g-



To: Real Man who wrote (53260)9/30/2013 4:09:48 PM
From: ggersh  Read Replies (1) | Respond to of 71445
 
On cue...


The Government May Shut Down, But These 18 October POMOs Will Proceed Come Hell Or Selective Default

Submitted by Tyler Durden on 09/30/2013 - 15:15

As pointed out earlier, the Federal Reserve does not depend on Congressional appropriations, and will not see any cutbacks due to a shutdown which with every passing hour seems more inevitable. It also means that even if the entire US government were to be shutdown, the daily wealth effect injection into the stock market for the benefit of the 0.01% will continue and the confidence show must go on. Specifically, as was released moments ago by the NY Fed, Bernanke will inject another $45 billion in the capital markets courtesy of 18 distinct bond-monetizing POMO operations over the next 31 days. These will take place regardless of anything else that may happen to the government, which perhaps better than anything else, shows who is truly in control of this country and on whose behalf they operate.