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Blueriot

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Everything posted by Blueriot

  1. Actually you're a little off base here - The fed can do all of these things, sure, but the market has pretty much priced in most of it. The thing about monetary policy is the more you do it, the less effect it has on the market and for a shorter amount of time - This is really clearly seen in the POMO (permenant open market operations) that have been taking place basically since 2008. By the time we got to QE lite in August of last year the fed was already injecting fresh money into the markets (via treasury buybacks through the fed window) - They were able to keep things going by doing this once or twice a week. Then in september it went to 3 times a week, then in November with the introduction of QE2 it went to 5 days a week and all the daily amounts at least doubled. And that's where we are today, with stock market volume down 40% year over year from last years shitty shitty year of volume, and it's because everybody realizes that only a sucker plays a game as obviously rigged as this (unless you're the one rigging it). Sure, the fed could do all the things you said (although they're genuinely not allowed to buy any assets except best investment grade rated assets, and even then they're only supposed to be used as collateral), but at the rate things are degrading it just won't matter. This snowball has been rolling down hill for awhile, and sure they could stand in the way but I just don't see that ending happily for anyone. I'm not going to respond point by point, but you're wrong lol... Most of those options the fed has already tried in one iteration or another (like the print to infinity, default on the sly, etc) and while they might have been useful in another situation, we're in a global event here and you can't devalue-to-default if everybody else in the world is doing the same thing. No, the real problem, and the one that the fed simply cannot get around is that they're holding up the financial world on their weakening shoulders - The REAL problem is that the system is stuffed with so much debt as a result of really stupid bets placed by the banks that were in many cases illegal and in all cases unethical - That's why we still have suspended FASB accounting rules (because they're all still insolvent and if they were forced to mark their assets to current value it would be 2008 lehman x 12) - That's why the recovery is non-existent, yet banks have trillions in reserve that "nobody knows why they're not lending" - It's simple, if they lend the money they're officially insolvent again. So they can't lend the money. Not to mention the new Basil requirements (while laughably underwhelming) are STILL enough to knock them all into insolvency again. Ironically this transfer of wealth is happening right in front of everybody, and insider trading is no longer a crime (if you work in the management of a bank or our government) but rather a way of life - For more info on this see Goldman Sach's 96.7% profitable trading days this last year. Yeah, Goldman is just that good. lol. So don't worry too much, this part of history is almost over. Then we get the really really bad couple of years (because of course our leaders are going to make sure they don't leave without causing a whole bunch of death and misery), then we hopefully get a break of 20-30 years where we can actually do some business before our kids or our kid's kids lack the experiance to say "NO" when the 3rd Central Bank of America, or whatever such malarky comes to be This is a long game, luckily it's our turn to win.
  2. Apparently Athena is male - I made that mistake as well, GET didn't like when I pointed out the discrepency.
  3. Just do us all a favor and paste the whole URL in like 4 different chunks no longer than 15 characters each - This forum has external links disabled, so they are being shortened - No full links work, post it in parts on different lines
  4. OLD - Seriously, why repost things that happened a week ago as news? February 05, 2011 Clinton: Critical time for American leadership By Associated Press , WASHINGTON (AP) — Secretary of State Hillarious Rodham Clinton says recent developments in Egypt and the broader Middle East demonstrate a critical need for America's global leadership. Speaking to an unprecedented mass meeting of nearly all U.S. ambassadors at the State Department on Wednesday, Clinton said unrest in Egypt proves that Washington needs to have "top–notch leadership on the ground and how quickly the ground can shift under our feet." That, she said, makes it critical for American diplomacy to more nimble, more innovative and more accountable than ever before. Clinton also urged the ambassadors to embrace social media as a way of reaching out to foreign publics and promoting U.S. goals. She said the U.S. risks being left behind if it is not on top of technological advances and driving the message.
  5. Actually, his style in the past has been more on the "give you enough info so you fill in the blanks yourself, thus making him not responsible if it doesn't happen" type, he's escalated the rhetoric recently. Dude is discrediting himself even on the GET boards, so why do it unless the game is truly up? Or you're just that desperate for people to tell you you rock.
  6. 1. There was an assassination attemp last Wednesday on Maliki and Allawi. It failed 2. Sunday in Iraq will be very historic 3. Maliki must produce by Sunday or he will get a vote of no confidence, which will remove him and he will be replaced by Allawi per the UN mandate ******************************************************************************** [12:14:47 PM] [Love my life!] troe Per Okie... OKIE_OIL_MAN] assination attempt wednesday night on maliki and allawai failed--thats all you need to know at this time [12:14:53 PM] [buckwheat] 9:49 AM PST Feb 11 [OKIE_OIL_MAN] as per source--sunday in iraq will be a very historic day--draw your on inference--no questions--we're there--period. Bbl [12:17:42 PM] [OKIE_OIL_MAN] maliki has to produce by sunday or a no confidence vote will remove him and replace him with allawai--as per un mandate borrowed from http://waitingforthervmoment.blogspot.com/ Okie's certainly escalating in his rhetoric.... Now he's saying either RV on sunday, or Maliki is gone. Seems like he's proven wrong pretty damn easy... again.... I just don't get why he would keep doing this if he didn't genuinely believe it himself
  7. Or for the layman out there, it's a pyramid scheme.
  8. Whether you pay your bills is a different question, but having at least a little gold and silver in physical form is nice insurance against an (increasingly) worthless dollar. Gold is gold is gold, difficult to counterfeit once you know what you're looking for just because it's so damn dense - Eagles are just the easiest to recognize, buy whatever looks good to you for the price. Something to keep in mind though, is that as the price of gold starts its next upward leg always remember that what we're seeing isn't gold increasing in price, but rather gold remaining stable and the dollar decreasing in value. PMs are insurance, not an investment - Like somebody else said though, one way to get rich is to lose less than everyone else. We live in interesting times
  9. Totally agree, which is why I got out of stocks in October and into physical gold and silver. Bernanke will never stop devaluing the dollar, because he can't - If he does, the whole system collapses. The system is collapsing anyhow, if you don't own some precious metals you're making a mistake. This has all happened before, and it will all happen again - Luckily for us, when the cycle is done we should have at least 20 years of real growth. That's what's happened the last three times.
  10. Gold is collateral because gold is money. Notice they don't accept paper gold (And they are the custodians of GLD!) This is all part of the collapse of fiat money under the pressure of trillions of freshly printed dollars diluting the pool we all draw value from Physics is a beautiful thing.
  11. Here's some perspective on Possum just in case anyone doesn't know His "Topics Started" history since the beginning of the year, clearly a guy who knows what he's talking about (sarcasm) The Date and Rate.... Posted 31 Jan 2011 Possum has been silent and now must share what he knows. $3.86/2-21-11. Laugh and mock if you must but that is it. DV is deleting my post! Pos! Posted 24 Jan 2011 Why does Dv Rumors delete Possum's post? Can't stand the truth? And the fact that an Rv is very unlikely and extremely risky? Do you smell it? Posted 24 Jan 2011 Possum does and so does momma! We can stick a fork in this RV brisket cuss it's done! Partytime believers, go for it!!! Mx as reconfirmed ... Posted 17 Jan 2011 That is will happen tomorrow. But he put a hedge in it like before and if we are not able cash in tomorrow then Feb 1st is the date. Mx is solid intel and momma and I are at peCe with it. The question is do u have the peace with it too? If not. Get off of Possum's intel and go eat your Wheaties! Mx says it's done and we will see it Tuesday Posted 16 Jan 2011 I'm sure glad cuzz oil is going past $100, the country is about to go bankrupt, and things look pretty bleak for poor boy's like most of us. Partytime-no joke, wake up and smell the RV!!!
  12. Blueriot

    Why Okie

    The fact twists are the hilarious part - With these guys it's like a fill in the blanks, you just know that Okie is pulling up Yahoo News before the nights CC (since he apparently internet-celebrity-bounces from "true believer" site to site), see's "Ok... Looks like they're having some meetings, I'll tell everyone that maliki is having a bad day! " or " Egypt has all its ATMs shut down.... THEY'RE BEING FILLED WITH IQD! PEOPLE CAN WITHDRAW TOMORROW IN EGYPT!!! CONFIRMED!!" It's all nonsense - I just got banned off the GET site for having the gall to start keeping a tally of how many lies they post as CONFIRMED Seriously, seems like the whole RV community is one big echo chamber, somebody tells a lie and it gets picked up by all the other sites which then justifies the OP calling it "CONFIRMED" because it's being carried by other sites. It's mostly just sad though.
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