Fuck You Bernanke - Dollar is getting RAPED!

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Ethersync
    Confirmed User
    • Mar 2008
    • 5289

    #1

    Fuck You Bernanke - Dollar is getting RAPED!

    Yesterday the Fed announced they will be buying up treasury bonds. This has the potential to be hugely inflationary and as expected the dollar puked yesterday. The decline continues today.

    This is very good for gold. I already have a stockpile of gold and I am going to increase the percentage of monthly income I invest in bullion substantially now.

    The stock market will probably continue to rally now. Enjoy it while it lasts... If you time it right you will make a killing. Many people have recently. I still do not trust the market though and I am staying out.
    The best ePassporte replacement I have found: OKPAY
  • Ethersync
    Confirmed User
    • Mar 2008
    • 5289

    #2
    ?The Fed is basically financing our deficit by buying the debt issued by the Treasury,? she said. ?If the Obama administration pushes through another stimulus package, the dollar is done.?
    http://www.bloomberg.com/apps/news?p...oFQ&refer=home
    The best ePassporte replacement I have found: OKPAY

    Comment

    • geedub
      Confirmed User
      • Jun 2005
      • 3489

      #3
      i bet since this is on bloomberg guys like tony404 can start to believe lol
      Reliable web host that actually cares, tell em geedub sent ya. Vacares

      Comment

      • pornguy
        Too lazy to set a custom title
        • Mar 2003
        • 62910

        #4
        Fucking amazing. Market goes up and the dollar drops. And has been dropping for a week
        PornGuy skype me pornguy_epic

        AmateurDough The Hottes Shemales online!
        TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME!

        Comment

        • seeandsee
          Check SIG!
          • Mar 2006
          • 50945

          #5
          Sick: 1 EUR = 1.36565 USD
          BUY MY SIG - 50$/Year

          Contact here

          Comment

          • Ethersync
            Confirmed User
            • Mar 2008
            • 5289

            #6
            U.S. Dollar Has Third Biggest One-Day Decline Ever

            The US Dollar index had its third biggest one-day decline yesterday since daily pricing began back in 1970. After the Fed announced that they will be purchasing US Treasuries and other assets, the Dollar fell sharply and ended the day down 2.69%.

            As shown in the one-year chart below, the US Dollar index broke below its 50-day moving average Wednesday after breaking below its short-term uptrend a few days ago. The Dollar is still trading above its longer-term uptrend, but the technical damage done in recent days is not a good sign.



            Below we highlight all one-day declines of 2% or more for the US Dollar index, along with the percent change on the following day and over the following week. As shown, the average return over the next day and week has been -0.18% following these big down days in the past.


            http://seekingalpha.com/article/1267...y-decline-ever
            The best ePassporte replacement I have found: OKPAY

            Comment

            • Ethersync
              Confirmed User
              • Mar 2008
              • 5289

              #7
              Bernanke Inserts Gun In Mouth

              In the meantime, for however long this rally in the market lasts (and it might be a while if the sheeple misdiagnose what's coming - if the newsletters I've seen thus far this evening are any clue, most people have) use it to raise cash and be prepared for some really tough times.

              I have been singing this song - raise cash now - for quite some time. Let me be succinct - it has been my considered belief that you need enough in liquid cash - not credit access in the form of credit card available balances or anything similar - for at least six to twelve months. I'm upping that here and now to twelve to twenty-four months - that's right - one to two full years of "minimum necessary to make it" expenses. Figure out right here and now what your minimum "monthly nut" is, and raise 12-24 months of that much in safe, liquid funds.

              That's a minimum; if you can in fact have enough available to be able to execute a "bug out" plan where you are able to become effectively self-sufficient on short notice (a couple of months maximum) if necessary, that's even better. Yes, we're talking chickens, goats, enough arable land to grow what you need to survive (bartering for what you don't have with what you do) and the means to defend it. If you live in a big city consider carefully what you intend to do if unemployment goes north of 20% and the city effectively goes feral - if you're interested in "how bad can it get" go drive through major parts of Detroit - bring an armored vehicle for your tour and/or at least semi-automatic weapons.

              There's an ill-wind blowing and while this storm has not yet reached the shore, I'm putting up the plywood.
              Read it all at the link below. I know half of GFY has the attention span of a nat, but still -- READ IT!
              http://market-ticker.org/archives/87...-In-Mouth.html
              The best ePassporte replacement I have found: OKPAY

              Comment

              • GetSCORECash
                Confirmed User
                • Mar 2008
                • 5527

                #8
                Don't stress. The EU is going to start their printing press soon, for the moment commodities is what you need to get into.

                I'm sure Bernanke, also gave the UK the nod to start their printing press too.
                | skype: getscorecash | ICQ: 59-271-063 |
                New Sites: | SCORELAND2 | Roku Channel SCORETV.TV | 60PLUSMILFS |
                | Big Tit Hooker | Tits And Tugs | Big Boobs POV | Karla James |
                | Naughty Foot Jobs | Linsey's World | Busty Arianna Sinn | Get SCORE Cash |

                Comment

                • LiveDose
                  Show Yer Tits!
                  • Feb 2002
                  • 25792

                  #9
                  Originally posted by geedub
                  i bet since this is on bloomberg guys like tony404 can start to believe lol

                  No he'll never change his mind.



                  'Spare Change You Can Believe In'

                  Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

                  Comment

                  • casinojack
                    Confirmed User
                    • Jan 2009
                    • 137

                    #10
                    Yeah this is scary. im with you on gold, but in my case, silver also.
                    ICQ: 469414299
                    MSN: casinojack[AT]live.com
                    Email: casinojack[AT]affcorner.com
                    Casino Affiliate Program that helps ADULT webmasters

                    Comment

                    • Twistys Tim
                      Confirmed User
                      • Apr 2008
                      • 1923

                      #11
                      If Iran and / or Venezuala really fancied fucking around right now, and converted all of their oil transactions to the Euro, the shit would really hit the fan for America.


                      $100 PPS Xmas Promo

                      [email protected]
                      ICQ 311545482
                      Skype timmy_vee

                      Comment

                      • Ethersync
                        Confirmed User
                        • Mar 2008
                        • 5289

                        #12
                        Originally posted by SCORE-Cash
                        Don't stress. The EU is going to start their printing press soon, for the moment commodities is what you need to get into.

                        I'm sure Bernanke, also gave the UK the nod to start their printing press too.
                        Yep.

                        The UK printing press already started and...

                        ECB Under Pressure to Follow Fed, Economists Say
                        http://www.bloomberg.com/apps/news?p....VI&refer=home

                        The nightmare scenario that is staring us in the face, right here, right now isn't hyperinflation. It is in fact a collapse of monetary systems driving demand for dollars through the roof in a crescendo of attempted redemptions into collapsed ("no bid") asset prices - a demand that Ben will not be able to meet, as the collateral backing those dollars will have all been exchanged for toilet paper. Whether Bernanke holds all this trash on his balance sheet or manages to scam Treasury into exchanging it for T-bills, the result is the same - there is no collateral behind Bucky and as employment collapses no production to replace it with either.

                        The mad scramble will be on, and as it happens trade will be choked off by not a collapsing dollar but other currencies collapsing around the world.

                        Paradoxically, the DX, or dollar index, will skyrocket - not go through the floor - as this plays out.
                        Read this: http://market-ticker.org/archives/87...-In-Mouth.html
                        Read this: http://market-ticker.org/archives/87...-In-Mouth.html
                        Read this: http://market-ticker.org/archives/87...-In-Mouth.html
                        The best ePassporte replacement I have found: OKPAY

                        Comment

                        • Ethersync
                          Confirmed User
                          • Mar 2008
                          • 5289

                          #13
                          Originally posted by Twistys Tim
                          If Iran and / or Venezuala really fancied fucking around right now, and converted all of their oil transactions to the Euro, the shit would really hit the fan for America.
                          ...or if there was a real move towards a new world reserve currency
                          http://www.telegraph.co.uk/finance/f...ve-easing.html
                          The best ePassporte replacement I have found: OKPAY

                          Comment

                          • bronco67
                            Too lazy to set a custom title
                            • Dec 2006
                            • 29026

                            #14
                            also, mortgage rates are down to 4.68 on 30 year fixed.

                            Time to refinance.

                            Comment

                            • JC Maldini
                              Confirmed User
                              • Dec 2008
                              • 490

                              #15
                              UN wants to ditch the dollar...can you say new world currency
                              JC Maldini
                              Business Development
                              ICQ: 223 643
                              Skype: jc_maldini

                              Comment

                              • Ethersync
                                Confirmed User
                                • Mar 2008
                                • 5289

                                #16
                                Originally posted by Ethersync
                                ...or if there was a real move towards a new world reserve currency
                                http://www.telegraph.co.uk/finance/f...ve-easing.html
                                More...
                                U.N. panel says world should ditch dollar
                                http://www.reuters.com/article/newsO...52H2CY20090318
                                The best ePassporte replacement I have found: OKPAY

                                Comment

                                • Iron Fist
                                  Too lazy to set a custom title
                                  • Dec 2006
                                  • 23400

                                  #17
                                  The real question is.. how will this affect subscription prices for paysites?

                                  Oh it won't! Good good.
                                  i like waffles

                                  Comment

                                  • e-god
                                    Confirmed User
                                    • Jan 2003
                                    • 1738

                                    #18
                                    Need to wait for ECB reaction

                                    Comment

                                    • IllTestYourGirls
                                      Ah My Balls
                                      • Feb 2007
                                      • 14311

                                      #19
                                      I like gold and silver. I think silver had more room to move up than gold does. But both should do well once this inflation hits.

                                      Comment

                                      • Martin
                                        "Assassins"
                                        • Dec 2001
                                        • 17274

                                        #20
                                        Originally posted by JC Maldini
                                        UN wants to ditch the dollar...can you say new world currency
                                        http://www.wnd.com/news/article.asp?ARTICLE_ID=55595
                                        http://www.reuters.com/article/ousiv...080917?sp=true

                                        Comment

                                        • Twistys Tim
                                          Confirmed User
                                          • Apr 2008
                                          • 1923

                                          #21


                                          $100 PPS Xmas Promo

                                          [email protected]
                                          ICQ 311545482
                                          Skype timmy_vee

                                          Comment

                                          • 12clicks
                                            Too lazy to set a custom title
                                            • Jan 2001
                                            • 19813

                                            #22
                                            but but but, Obama is our savior!
                                            he's going to fix those greedy rich people and give to you poor.

                                            oops, that kinda doesn't work with the dollar worth less, does it.
                                            funny thing is the rabble won't realize this either until its too late.
                                            I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.

                                            Comment

                                            • xmas13
                                              Confirmed User
                                              • Dec 2004
                                              • 5176

                                              #23
                                              ICQ 557504926

                                              Comment

                                              • Pleasurepays
                                                BANNED - SUPPORTING TUBES
                                                • Aug 2002
                                                • 11913

                                                #24
                                                Change!

                                                and everyone can say "well,... he's only be in officer for x weeks." hopefully, people will get that it doesn't matter when you can (and do) devastate the financial markets with a single speech or action.

                                                Hope!

                                                FRIENDLY REMINDER: Please keep playing the "Bush's Fault" Card before it expires with the conclusion of the Obama honeymoon period.

                                                Comment

                                                • Reak AGV
                                                  Confirmed User
                                                  • Dec 2004
                                                  • 4283

                                                  #25
                                                  The dollar has been fucked for years now.

                                                  Need Mainstream Content and SEO?
                                                  SEO * Website Copy * Blogs
                                                  Blogging - PR Work - Forum Marketing - Social Marketing - Link building - Articles
                                                  100% Guaranteed Content!

                                                  Comment

                                                  • John-ACWM
                                                    Work Work Work
                                                    • Nov 2008
                                                    • 20060

                                                    #26
                                                    Bad times are also prosperous in another ways

                                                    Comment

                                                    • Magnus
                                                      Confirmed User
                                                      • Dec 2002
                                                      • 1211

                                                      #27
                                                      Originally posted by IllTestYourGirls
                                                      I like gold and silver. I think silver had more room to move up than gold does. But both should do well once this inflation hits.
                                                      When the US dollar drops.. they all sell and buy Gold.. it had a massive jump yesterday.
                                                      Magnus

                                                      Comment

                                                      • Redmanthatcould
                                                        Confirmed User
                                                        • Dec 2006
                                                        • 2771

                                                        #28
                                                        The 6th worst drop was on 11/24/08 (well, technically at the time of the drop, it would have been the 5th worst). You have been registered since March 2008, meaning you could have made a thread about this as well.

                                                        I did a search and noticed no such similar thread from you. Not concerned about the state of the economy at that time, or...?

                                                        Comment

                                                        • Barefootsies
                                                          Choice is an Illusion
                                                          • Feb 2005
                                                          • 42635

                                                          #29
                                                          Originally posted by geedub
                                                          i bet since this is on bloomberg guys like tony404 can start to believe lol
                                                          Should You Email Your Members?

                                                          Link1 | Link2 | Link3

                                                          Enough Said.

                                                          "Would you rather live like a king for a year or like a prince forever?"

                                                          Comment

                                                          • Ethersync
                                                            Confirmed User
                                                            • Mar 2008
                                                            • 5289

                                                            #30
                                                            Originally posted by VS_Jeff
                                                            The 6th worst drop was on 11/24/08 (well, technically at the time of the drop, it would have been the 5th worst). You have been registered since March 2008, meaning you could have made a thread about this as well.

                                                            I did a search and noticed no such similar thread from you. Not concerned about the state of the economy at that time, or...?

                                                            What is your point? Are you trying to say that I am just trying to smear Obama or that the economy is not that bad and I am overreacting?

                                                            Either way this thread, and economics in general, seems to be way over your head. Stick to sales and go back to your cheerleaders thread: http://www.gofuckyourself.com/showthread.php?t=893135

                                                            The best ePassporte replacement I have found: OKPAY

                                                            Comment

                                                            • Redmanthatcould
                                                              Confirmed User
                                                              • Dec 2006
                                                              • 2771

                                                              #31
                                                              Originally posted by Ethersync
                                                              What is your point? Are you trying to say that I am just trying to smear Obama or that the economy is not that bad and I am overreacting?

                                                              Either way this thread, and economics in general, seems to be way over your head. Stick to sales and go back to your cheerleaders thread: http://www.gofuckyourself.com/showthread.php?t=893135

                                                              My point wasn't made yet. Instead of actually responding, you chose the difficult task of an ad hominem argument.

                                                              But thanks for the wake up call, chief. I didn't realize taking a picture with cheerleaders completely discredits me from other discussions...well, aside from sales, that is (naturally).

                                                              Comment

                                                              • Lamis
                                                                So Fucking Banned
                                                                • Sep 2007
                                                                • 961

                                                                #32
                                                                Dollar decreased because of FOMC putting billions of dollars in the market yesterday... thus, dollar gets weaker...

                                                                I got in a 500 pip movement yesterday in FOREX... each pip is 10 bucks, so do the math. ;) great gain for one day of work.. no way you can do that much in adult.

                                                                Comment

                                                                • slapass
                                                                  Too lazy to set a custom title
                                                                  • Nov 2002
                                                                  • 14625

                                                                  #33
                                                                  Did Obama bring in Bernanke? oops nope he came in under Bush but shit lets blame any more he makes on Obama.

                                                                  Comment

                                                                  • pigman
                                                                    Confirmed User
                                                                    • Aug 2006
                                                                    • 760

                                                                    #34
                                                                    Do you see any reason why the dollar should be strong atm?
                                                                    Suffering arises from attachment to desires.
                                                                    Suffering ceases when attachment to desire ceases.

                                                                    Comment

                                                                    • who
                                                                      So Fucking Banned
                                                                      • Aug 2003
                                                                      • 19593

                                                                      #35
                                                                      Platinum

                                                                      Comment

                                                                      • Davy
                                                                        Confirmed User
                                                                        • Apr 2006
                                                                        • 4323

                                                                        #36
                                                                        They're printing money like crazy. Haha.
                                                                        ---
                                                                        ICQ 14-76-98 <-- I don't use this at all

                                                                        Comment

                                                                        • Ethersync
                                                                          Confirmed User
                                                                          • Mar 2008
                                                                          • 5289

                                                                          #37
                                                                          Originally posted by slapass
                                                                          Did Obama bring in Bernanke? oops nope he came in under Bush but shit lets blame any more he makes on Obama.
                                                                          I blame Bush too... and many more. It is not a partisan issue for me...
                                                                          The best ePassporte replacement I have found: OKPAY

                                                                          Comment

                                                                          • Ethersync
                                                                            Confirmed User
                                                                            • Mar 2008
                                                                            • 5289

                                                                            #38
                                                                            Originally posted by VS_Jeff
                                                                            My point wasn't made yet. Instead of actually responding, you chose the difficult task of an ad hominem argument.

                                                                            But thanks for the wake up call, chief. I didn't realize taking a picture with cheerleaders completely discredits me from other discussions...well, aside from sales, that is (naturally).
                                                                            An Ad hominem attack is when you ignore what the person said and simply attack them personally instead of debating the issue. It is not that I was unable to find fault in your argument and thus made a personal attack. But rather you had no argument and by your own admission had no point. That was mine. If you have something substantive to say feel free to contribute...
                                                                            The best ePassporte replacement I have found: OKPAY

                                                                            Comment

                                                                            • Bill8
                                                                              Confirmed User
                                                                              • Oct 2001
                                                                              • 1901

                                                                              #39
                                                                              Originally posted by pigman
                                                                              Do you see any reason why the dollar should be strong atm?
                                                                              Exactly. Nobody, least of all all these girly whiner republicans, is facing the real issue, which is that the american economy is based on nothing.

                                                                              It's all a giant ponzi scheme. We americans don't have anything to sell that anybody else needs.

                                                                              Untill we face the truth, which is that we have pissed away our real wealth, everything we do will be hallucination.

                                                                              Comment

                                                                              • Ethersync
                                                                                Confirmed User
                                                                                • Mar 2008
                                                                                • 5289

                                                                                #40
                                                                                Originally posted by Bill8
                                                                                Exactly. Nobody, least of all all these girly whiner republicans, is facing the real issue, which is that the american economy is based on nothing.

                                                                                It's all a giant ponzi scheme. We americans don't have anything to sell that anybody else needs.

                                                                                Untill we face the truth, which is that we have pissed away our real wealth, everything we do will be hallucination.
                                                                                WHY AGAIN IS THIS A PARTISAN ISSUE????

                                                                                Both sides are in lalaland on this. I mostly agree with your point about our economy, but how is what most democrats are doing any different than what most republicans are doing? I just do not see it...

                                                                                What do you think needs to be done to fix the problems with our economy? Do you feel like Obama is on the right track?
                                                                                The best ePassporte replacement I have found: OKPAY

                                                                                Comment

                                                                                • SomeCreep
                                                                                  :glugglug
                                                                                  • Mar 2003
                                                                                  • 26118

                                                                                  #41
                                                                                  Originally posted by Ethersync
                                                                                  Yesterday the Fed announced they will be buying up treasury bonds. This has the potential to be hugely inflationary and as expected the dollar puked yesterday. The decline continues today.

                                                                                  This is very good for gold. I already have a stockpile of gold and I am going to increase the percentage of monthly income I invest in bullion substantially now.

                                                                                  The stock market will probably continue to rally now. Enjoy it while it lasts... If you time it right you will make a killing. Many people have recently. I still do not trust the market though and I am staying out.
                                                                                  It's either hyper inflation or a deflationary depression. He chose the lesser of two evils.

                                                                                  Webair Hosting

                                                                                  I use and recommend Webair for hosting.

                                                                                  Comment

                                                                                  • slapass
                                                                                    Too lazy to set a custom title
                                                                                    • Nov 2002
                                                                                    • 14625

                                                                                    #42
                                                                                    Originally posted by Bill8
                                                                                    Exactly. Nobody, least of all all these girly whiner republicans, is facing the real issue, which is that the american economy is based on nothing.

                                                                                    It's all a giant ponzi scheme. We americans don't have anything to sell that anybody else needs.

                                                                                    Untill we face the truth, which is that we have pissed away our real wealth, everything we do will be hallucination.
                                                                                    Wow get a grip. Not sure if you live in the wilds of Wyoming or something but the rest of country has a lot to sell that people want. Seriously, the US is still a powerhouse.

                                                                                    Comment

                                                                                    • Bill8
                                                                                      Confirmed User
                                                                                      • Oct 2001
                                                                                      • 1901

                                                                                      #43
                                                                                      Originally posted by Ethersync
                                                                                      WHY AGAIN IS THIS A PARTISAN ISSUE????

                                                                                      Both sides are in lalaland on this. I mostly agree with your point about our economy, but how is what most democrats are doing any different than what most republicans are doing? I just do not see it...

                                                                                      What do you think needs to be done to fix the problems with our economy? Do you feel like Obama is on the right track?
                                                                                      I'm not certain that you made it one, but others did.

                                                                                      The whiners are out as usual.

                                                                                      The democrats are just as bought and paid for as the republicans were - but the republicans now are trying to stab the country in the back again, after mismanaging things for many years.

                                                                                      No, I don't particularly feel that Obama is facing the hard questions yet. The government stimulus is like giving the patient feeds of plasma and oxygen - nobody in washington has the balls to defy the corporations and start actually closing the wounds.

                                                                                      Is he on the right track? You tell me - you've just been in a car wreck, and are bleeding to death. Do you want plasma or not?

                                                                                      We all have to face the fact that we've been living in a fake economy.

                                                                                      Comment

                                                                                      • Bill8
                                                                                        Confirmed User
                                                                                        • Oct 2001
                                                                                        • 1901

                                                                                        #44
                                                                                        Originally posted by slapass
                                                                                        Wow get a grip. Not sure if you live in the wilds of Wyoming or something but the rest of country has a lot to sell that people want. Seriously, the US is still a powerhouse.
                                                                                        If you say so.

                                                                                        We will see.

                                                                                        If it's true, then there's nothing to worry about.

                                                                                        Comment

                                                                                        • lazycash
                                                                                          Troll Patrol
                                                                                          • Aug 2002
                                                                                          • 15214

                                                                                          #45
                                                                                          "WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams..

                                                                                          Its crazy..."

                                                                                          VenusBlogger

                                                                                          Comment

                                                                                          • bronco67
                                                                                            Too lazy to set a custom title
                                                                                            • Dec 2006
                                                                                            • 29026

                                                                                            #46
                                                                                            Originally posted by lazycash
                                                                                            That's real eye-opener.

                                                                                            Comment

                                                                                            • bhutocracy
                                                                                              Not making A Comeback
                                                                                              • Dec 2001
                                                                                              • 10218

                                                                                              #47
                                                                                              Bugger gold, go oil. I'd wager we'll see more of a spike in oil in 18-24 months than gold.

                                                                                              Also lol @ using Glenn Beck in anything other than an argument over the benefits of Kool Aid over Dr Pepper to mask the taste of cyanide.

                                                                                              Comment

                                                                                              • Pleasurepays
                                                                                                BANNED - SUPPORTING TUBES
                                                                                                • Aug 2002
                                                                                                • 11913

                                                                                                #48
                                                                                                the most insane part about all this is everyone chanting "bush was an asshole" - so "give Obama a chance" and they don't seem to even seem to understand the actual economics and whats going on right now.

                                                                                                instead of suffering through the short term pain letting a bunch of shitty and failed companies die and let the economy adjust which really doesn't take very long, we are creating very real and very serious long term problems.

                                                                                                Originally posted by lazycash

                                                                                                Comment

                                                                                                • notoldschool
                                                                                                  Confirmed User
                                                                                                  • Aug 2007
                                                                                                  • 5687

                                                                                                  #49
                                                                                                  Glenn Beck is a fag.
                                                                                                  No doubt one may quote history to support any cause, as the devil quotes scripture.
                                                                                                  -- Learned Hand

                                                                                                  http://www.bjpenn.com

                                                                                                  Comment

                                                                                                  • nico-t
                                                                                                    emperor of my world
                                                                                                    • Aug 2004
                                                                                                    • 29901

                                                                                                    #50
                                                                                                    why must they fuck up everything all the time?

                                                                                                    Comment

                                                                                                    Working...