Elite Trader seems quieter than usual today

Quote from achilles28:

Gold now acts like currency. It's decoupled from commodities. Risk-on? Gold is up. Flight to quality? Gold is up. The market no longer has full faith in AAA soverign debt (or CASH) as a safe haven. This is A TREND. Next, we could see weakness in Treasuries during risk-off, periods. If that happens, look out.

We're already in deep shit. The European debt contago is unsolvable, as is the US debt problem. I'll be very surprised if Bernacke does not step in with force. Today the market called his bluff for low and long into 2013. FED will be forced to *act* very soon.


He has already stated interest rates are zero for two more years. Logically, what is left for them to do? The balance sheet is bloated and the world financial system is approaching an intractable situation. Buy S&P futures? More QE? Looks like gold is leaving the Fed in the dust, and frankly they appear helpless to be able to stop it, unlike Volcker's day.
 
Quote from Larson:

He has already stated interest rates are zero for two more years. Logically, what is left for them to do? The balance sheet is bloated and the world financial system is approaching an intractable situation. Buy S&P futures? More QE? Looks like gold is leaving the Fed in the dust, and frankly they appear helpless to be able to stop it, unlike Volcker's day.

Buy S&P? How about shorting VIX futures? (Like buying the INVERSE VIX ETN XIV) :confused:
 
Quote from Visaria:

I believe they had record corporate earnings in 1929 as well.

Just a reminder that the markets look forward, not backward...

Well, I can't speak for Americans, if you truly believe the lot of you are too useless a group to avoid a Depression well so be it.
It'll be whatever your collective skills and efforts amount to.
Given what I read on this forum, I'm inclined to believe the decline of the American education system is an issue.
 
Quote from Larson:

He has already stated interest rates are zero for two more years. Logically, what is left for them to do? The balance sheet is bloated and the world financial system is approaching an intractable situation. Buy S&P futures? More QE? Looks like gold is leaving the Fed in the dust, and frankly they appear helpless to be able to stop it, unlike Volcker's day.


Ben "Da Bear Slayer" Bernanke is a student of "The Great Depression".

He knows some things that many don't know. He is going to get creative.

Maybe he will ditch the helicopter and ride the C-130.
 
Quote from SteveNYC:

Ben "Da Bear Slayer" Bernanke is a student of "The Great Depression".

He knows some things that many don't know. He is going to get creative.

Absolutely. Whatever that Japan did, Uncle Benjie's gonna do the same! I mean, look at how great their economy did and how they solved their debt problem. ;)
 
Quote from Nine_Ender:

Well, I can't speak for Americans, if you truly believe the lot of you are too useless a group to avoid a Depression well so be it.
It'll be whatever your collective skills and efforts amount to.
Given what I read on this forum, I'm inclined to believe the decline of the American education system is an issue.




I think it's more the decline of American attitude.

American education system is still top notch.

Americans are resourceful.
 
Quote from hajimow:

I heard 4 jokes today. Let me share them with you.

1- German banks are in trouble
2- JP Morgan Chase is in trouble
3-GS is in trouble
4- AAPL next Q revenue will be up less than 200%.

i heard another one

''Elite Trader seems quieter than usual today''
 
Quote from Nine_Ender:

Well, I can't speak for Americans, if you truly believe the lot of you are too useless a group to avoid a Depression well so be it.
It'll be whatever your collective skills and efforts amount to.
Given what I read on this forum, I'm inclined to believe the decline of the American education system is an issue.

Sounds like perma-bull capitulation to me.
 
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