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Old 09-13-2012, 10:51 AM   #1
Choker
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QE3 is a go

40 bill a month to buy mortgage backed securities. Gold, silver, stocks are rallying like a mother fucker now.
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Old 09-13-2012, 10:57 AM   #2
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Old 09-13-2012, 11:42 AM   #3
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US dollar, can you please stop sucking? Thanks.
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Old 09-13-2012, 12:44 PM   #4
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40 bill a month to buy mortgage backed securities. Gold, silver, stocks are rallying like a mother fucker now.
Quantitative Easing is essentially adding more money to the economy literally out of nothing. QE3 is shaping up to be larger than many expected at nearly $500 billion per year, and it's open-ended!
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Old 09-13-2012, 12:46 PM   #5
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buy gold and silver now
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Old 09-13-2012, 01:48 PM   #6
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We're on like QE5 already. Operation Twist and the other bond buying program was QE3 and 4, even though they didn't call it that. It's basically QE to infinity. It won't stop until we default.
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Old 09-13-2012, 08:31 PM   #7
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It is may be more bark than bite really.

I read an article of the houses not being foreclosed yet by the banks -- so there may be a serious housing value decline yet to come. Any support in mortgage backed bonds may ease the damage that may be coming and seems to be in acknowledgement of this underlying problem.
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Old 09-13-2012, 09:18 PM   #8
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QE* is what happens when all else fails. Sad that the FED chairman would rather turn the dollar into toilet paper instead of confronting congress.
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Old 09-13-2012, 09:25 PM   #9
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But hey, stock market will go "up" - because money will be worth less, and gullible people will think the economy is getting better.
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Old 09-13-2012, 09:45 PM   #10
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But hey, stock market will go "up" - because money will be worth less, and gullible people will think the economy is getting better.
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Old 09-14-2012, 11:58 PM   #11
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Old 09-15-2012, 02:40 AM   #12
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I thought this was a thread about a new ocean liner / cruise ship...
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Old 09-15-2012, 02:49 AM   #13
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Inflation shminflation Plus a great way to kick China in the teeth since they hold so much US debt heeheheh Nice 1 - 2 combo to China's teeth specially now that their manufacturing volume is declining. Massive unforeseen circumstances, anyone?
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