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


To: Lazarus who wrote (154422)3/15/2020 5:48:00 PM
From: ggersh  Respond to of 217767
 
Nothing cures the Coronavirus like over $5tril dollars for the banks. How anyone believes for a second that this will benefit the 99% or come close to trickling down is beyond my paygrade

wolfstreet.com

As Everything Bubble Implodes, Frazzled Fed Rolls Out Fastest Mega-Money Printer Ever, up to $4.5 Trillion in Four Weeks
by Wolf Richter • Mar 12, 2020 • 226 Comments
The Fed is going nuts trying to contain this.

But wait there is more to come, much much more, and all for the banksters

zerohedge.com

Fed Panics: Powell Cuts Rates To Zero, Announces $700BN QE5, Unveils Enhanced Global Swap Lines



To: Lazarus who wrote (154422)3/16/2020 12:33:21 AM
From: TobagoJack1 Recommendation

Recommended By
ggersh

  Read Replies (2) | Respond to of 217767
 
Re << Dow has gone from over -1000 points down to this. >>

to this. Is not looking good at 6:32 am Monday 16th March Cape Town S Africa HQ



(1) Been up since 4:00am, puttering and pondering.

Feel urge to act, not decisively, and without excess / unwarranted conviction, but to act.

Bought gold on HK market, shall likely top-up when trade start in London, and follow-through also in NY, all depending on whatever who can know.



(2) It sure looks like that the Fed’s mandate indubitably includes saving the empire, as is the BoJ, PBoC, BoE, ... respectively per whatever it takes, and it may take quite a bit given first-reaction to effectively-ZIRP and obvious intention to actually-NIRP

Stocks and bonds must be made to go up, per National Team China Protocol, and in China’s dire case, at most 5% of private person-on-the-street asset is in the market, nothing like 80%.

(3) I remain cautious on everything, including gold / less-gold / more-gold / all-gold / no-gold (i meant paper gold, of course. Physical is not for discussion but for hoarding, as we do toilet paper.

All of our premises, conjectures, theories, concerns, ... to the front now

Happening so fast

Per Asian Financial Crisis, gold is the to-sell item even as we are bum-rushed towards natural / organic / free-range closure of the trade war on accelerated timeline

scmp.com



(4) Speaking of toilet paper, we must keep sense of humor even as we act as if our lives depend on it, because unless we intend to shower after each major toilet visit, must depend on it.



(5) Funnies



(6) Back to serious take, re what is it going to take to turn the tide, science or the good old fashioned way ... even as we are not quite sure whether we are dealing w/ hyped flu or bio-weapon or something in between; a wide range w/ full spectrum of implications



(7) The financial types are taking it all rather seriously, calling for meetings on a Sunday, and so early! With instant replay, like a sporting event. Coming week should be unforgettable but for the truth that it shall blur into the week that just perished.