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cr
Participant[quote=stockstradr]Got a feeling we could see a substatial Fool’s Rally here, even going forward several weeks.[/quote]
I tend to agree, but I can’t help but ask, then what?
If you take every Fed rate cut from last year and tally up the gross rise in the S&P immediately thereafter, you get +15%.
BUT – the S&P was actualy DOWN 15% during that same time.
cr
Participant[quote=stockstradr]Got a feeling we could see a substatial Fool’s Rally here, even going forward several weeks.[/quote]
I tend to agree, but I can’t help but ask, then what?
If you take every Fed rate cut from last year and tally up the gross rise in the S&P immediately thereafter, you get +15%.
BUT – the S&P was actualy DOWN 15% during that same time.
cr
ParticipantRight, but the point is all money is borrowed. That extra nickel has to be borrowed by someone else. Then that person owes $0.10.
And so on until our national deficit exceeds $11 trillion.
cr
ParticipantRight, but the point is all money is borrowed. That extra nickel has to be borrowed by someone else. Then that person owes $0.10.
And so on until our national deficit exceeds $11 trillion.
cr
ParticipantRight, but the point is all money is borrowed. That extra nickel has to be borrowed by someone else. Then that person owes $0.10.
And so on until our national deficit exceeds $11 trillion.
cr
ParticipantRight, but the point is all money is borrowed. That extra nickel has to be borrowed by someone else. Then that person owes $0.10.
And so on until our national deficit exceeds $11 trillion.
cr
ParticipantRight, but the point is all money is borrowed. That extra nickel has to be borrowed by someone else. Then that person owes $0.10.
And so on until our national deficit exceeds $11 trillion.
cr
ParticipantGet rid of the Fed entirely.
With one independent non-Government entity controlling the entire money supply, where do you get $1.05 to pay back the $1.00 you borrowed?
The sytem perpetuates debt.
CR has another post with a link to our national debt: http://www.treasurydirect.gov/NP/BPDLogin?application=np
We just passed $10,000,000,000,000 btw, and added another $99,500,170,215.20 yesterday. That’s phenomonal. Our country is doomed.
We started the year at $9,229,172,659,218.31, less than 10X what we added yesterday alone.
That’s 275 days, or $3,254,736,028.76 a day, vs. $99,500,170,215.20 yesterday 30X average.
Red flag anyone?
cr
ParticipantGet rid of the Fed entirely.
With one independent non-Government entity controlling the entire money supply, where do you get $1.05 to pay back the $1.00 you borrowed?
The sytem perpetuates debt.
CR has another post with a link to our national debt: http://www.treasurydirect.gov/NP/BPDLogin?application=np
We just passed $10,000,000,000,000 btw, and added another $99,500,170,215.20 yesterday. That’s phenomonal. Our country is doomed.
We started the year at $9,229,172,659,218.31, less than 10X what we added yesterday alone.
That’s 275 days, or $3,254,736,028.76 a day, vs. $99,500,170,215.20 yesterday 30X average.
Red flag anyone?
cr
ParticipantGet rid of the Fed entirely.
With one independent non-Government entity controlling the entire money supply, where do you get $1.05 to pay back the $1.00 you borrowed?
The sytem perpetuates debt.
CR has another post with a link to our national debt: http://www.treasurydirect.gov/NP/BPDLogin?application=np
We just passed $10,000,000,000,000 btw, and added another $99,500,170,215.20 yesterday. That’s phenomonal. Our country is doomed.
We started the year at $9,229,172,659,218.31, less than 10X what we added yesterday alone.
That’s 275 days, or $3,254,736,028.76 a day, vs. $99,500,170,215.20 yesterday 30X average.
Red flag anyone?
cr
ParticipantGet rid of the Fed entirely.
With one independent non-Government entity controlling the entire money supply, where do you get $1.05 to pay back the $1.00 you borrowed?
The sytem perpetuates debt.
CR has another post with a link to our national debt: http://www.treasurydirect.gov/NP/BPDLogin?application=np
We just passed $10,000,000,000,000 btw, and added another $99,500,170,215.20 yesterday. That’s phenomonal. Our country is doomed.
We started the year at $9,229,172,659,218.31, less than 10X what we added yesterday alone.
That’s 275 days, or $3,254,736,028.76 a day, vs. $99,500,170,215.20 yesterday 30X average.
Red flag anyone?
cr
ParticipantGet rid of the Fed entirely.
With one independent non-Government entity controlling the entire money supply, where do you get $1.05 to pay back the $1.00 you borrowed?
The sytem perpetuates debt.
CR has another post with a link to our national debt: http://www.treasurydirect.gov/NP/BPDLogin?application=np
We just passed $10,000,000,000,000 btw, and added another $99,500,170,215.20 yesterday. That’s phenomonal. Our country is doomed.
We started the year at $9,229,172,659,218.31, less than 10X what we added yesterday alone.
That’s 275 days, or $3,254,736,028.76 a day, vs. $99,500,170,215.20 yesterday 30X average.
Red flag anyone?
cr
ParticipantFrom everything I’ve read on Gold it sounds like most expect it to peak again somewhere around $1200, though I’ve heard $1500 and higher.
I have no idea why it’s being beaten down, but having read Rich’s article on Gold, the slowdown doesn’t seem like something that will stick.
My guess is banks or other institutions scrambling for cash are trading in their Gold, but that’s just a guess.
cr
ParticipantFrom everything I’ve read on Gold it sounds like most expect it to peak again somewhere around $1200, though I’ve heard $1500 and higher.
I have no idea why it’s being beaten down, but having read Rich’s article on Gold, the slowdown doesn’t seem like something that will stick.
My guess is banks or other institutions scrambling for cash are trading in their Gold, but that’s just a guess.
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