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Running BearParticipant
This is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.
My2Cents
Running BearParticipantThis is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.
My2Cents
Running BearParticipantThis is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.
My2Cents
Running BearParticipantThis is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.
My2Cents
Running BearParticipantI don’t like gold right now. We are in a bear market and there has been a lot of speculative money moved into gold looking for a quick buck. We are seeing gold drop because these speculators are having to liquidate investments to cover themselves. I would wait until total capitulation before getting into gold.
My2Cents
Running BearParticipantI don’t like gold right now. We are in a bear market and there has been a lot of speculative money moved into gold looking for a quick buck. We are seeing gold drop because these speculators are having to liquidate investments to cover themselves. I would wait until total capitulation before getting into gold.
My2Cents
Running BearParticipantI don’t like gold right now. We are in a bear market and there has been a lot of speculative money moved into gold looking for a quick buck. We are seeing gold drop because these speculators are having to liquidate investments to cover themselves. I would wait until total capitulation before getting into gold.
My2Cents
Running BearParticipantI don’t like gold right now. We are in a bear market and there has been a lot of speculative money moved into gold looking for a quick buck. We are seeing gold drop because these speculators are having to liquidate investments to cover themselves. I would wait until total capitulation before getting into gold.
My2Cents
Running BearParticipantI don’t like gold right now. We are in a bear market and there has been a lot of speculative money moved into gold looking for a quick buck. We are seeing gold drop because these speculators are having to liquidate investments to cover themselves. I would wait until total capitulation before getting into gold.
My2Cents
Running BearParticipantSomething will come out before the opening bell on Tuesday. Will be interesting to see what effect it has and if it lasts long. Be very careful if you are playing in this market gents.
MY2Cents
Running BearParticipantSomething will come out before the opening bell on Tuesday. Will be interesting to see what effect it has and if it lasts long. Be very careful if you are playing in this market gents.
MY2Cents
Running BearParticipantSomething will come out before the opening bell on Tuesday. Will be interesting to see what effect it has and if it lasts long. Be very careful if you are playing in this market gents.
MY2Cents
Running BearParticipantSomething will come out before the opening bell on Tuesday. Will be interesting to see what effect it has and if it lasts long. Be very careful if you are playing in this market gents.
MY2Cents
Running BearParticipantSomething will come out before the opening bell on Tuesday. Will be interesting to see what effect it has and if it lasts long. Be very careful if you are playing in this market gents.
MY2Cents
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