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Redfish

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Everything posted by Redfish

  1. Remember Tesla and those who followed up with his research! Big money does not want free electricity, the technology has been available for some time now.
  2. You are describing exactly what my father had at age 39. After his grapefruit sized tumor was removed it spread to his lymph nodes. He was treated with radiation and chemo (which did not help) and was sent home to be with family to die. My mother put him on a macrobiotic diet and after a few months the cancer completely dissapeared. The doctors doing the scan to see how the cancer progressed, could not believe it (they said we must of had my father treated out of the country). Today my father is healthy and 74 years of age. Your fiance can and will live a long happy healthy life. Prayer and proper treatment (not poisoning the body as doctors prescribe) works. Happy New Year!
  3. While metal detecting around a home built in the 1890s I found a gold eagle pin with the letters O and S on either side of the eagles head. I was hoping one of our many vets could help me identify it. It is about the size of a half dollar with a pin across the back. The eagle has spread wings and the letter O could be a C as the eagles beak pierces it. Thanks for any help you can offer.
  4. It states they take delivery in 2014, won't be flying them till then.
  5. I Have taken Daves class with my family and give it a thumbs up. This should be a requirement for high school seniors, as it would keep many out of trouble with credit cards and other debt. In my opinion Dave would not endorse our investment as he looks for safe investments that pay consistantly over a period of years.
  6. "I CAN NO LONGER STAND HERE WAITING FOR YOU TO DECIDE..." Those lyrics from the band Chicago’s 1980’s hit sum up the sentiments of many market analysts and traders after last week’s back and forth statements from Fed officials about the possibility of another round of Quantitative Easing... otherwise known as "QE2". This is an article sent to me from a mortgage broker this morning. As we stated last week, many analysts have been feeling that QE2 was very likely, if we continue to see weak economic reports. But comments made by a number of Fed officials throughout the week indicated that QE2 may still be up in the air. For example, Atlanta Federal Reserve President Dennis Lockhart stated, "there is growing sentiment that further accommodation through large asset purchases is coming... but at this point in time, it's not a foregone conclusion that we need to go there." Those comments were followed by other similar comments from other Fed officials, including Philadelphia Fed President Charles Plosser, who doesn't support any further Bond buying. Additionally, Boston Fed President Eric Rosengren said that monetary stimulus will depend on economic data, while Minnesota Fed President Narayana Kocherlakota says new asset buying would have a more muted impact than prior purchases. This would indicate that at least a few Fed members are hesitant ab out a big QE2 package. On the flip side, however, New York Fed President William Dudley said on Friday that the Fed is almost certain to lend support through Quantitative Easing in order to ensure that a slowing economy does not fall further. He gave an example of how a $500 Billion purchase plan might impact interest rates, stating that it would have a similar impact to a Fed rate cut of .50 to .75%... and although this was just an example, the fact that he mentioned a specific number was not lost on Traders. Mr. Dudley went on to say that he feels a double dip recession is not an issue, but rather the focus is on how the economy can grow faster than its current pace. Those comments are important because the markets figured that QE2 would be a lock, unless the Fed sees stronger-than-expected economic data before its November 3rd meeting... specifically, employment data. But last week the analysts and investors were faced with uncertainty around the issue and were left sifting through comments to try to predict what the Fed will do. And that uncertainty caused traders to shift money back out of Bonds at different times last week. ----------------------- The Fed and Chairman Bernanke Face a Tough Decision with QE2 But what would another round of Quantitative Easing mean to Bonds and home loan rates? Let’s break it down into four important aspects: (1) When would it happen? (2) How much money would it involve? (3) Why is this being contemplated? (4) And what does it mean to home loan rates? First, as stated above, whether QE2 happens will be dependent upon the upcoming data releases. Many experts agree that if the Fed does make a move, it will most likely happen at the next Fed meeting, which is scheduled for November 3rd. Second, the question of "how much" is still up in the air. As stated above, New York Fed President William Dudley gave an example of a $500 Billion purchase - but estimates are all over the board at this point, from $200 Billion to $2 Trillion. Yet the big question is whether QE2 will even do any good. Recently, former Fed Governor Larry Meyer felt that even $2 Trillion would hardly move the needle on GDP growth or reduce unemployment rates. In fact, he likens it to pushing on a string. Mr. Meyer's sentiments were also echoed last week by former Fed official Joe Gagnon, who estimated that the Fed is indeed likely to do at least $1 Trillion in additional QE, but that it would have little impact. That brings us to the third question: Why even contemplate QE2? Think about this: a large round of QE2 would almost assuredly hurt the US Dollar. And by hurting the US Dollar, our exports become more affordable abroad, as well as making imports appear relatively more expensive. This helps large multi-national companies, which have a large influence on the economy, as well as the major Stock market indices. This could be the goal of the Fed. Ahh...but you can't outright say you are trying to weaken your currency. After all - haven't many members of Congress and the Administration been bashing China for currency manipulation? The US may be trying to do exactly what it has both denigrated and admonished other nations of doing. In other words, even if QE2 didn’t have a direct impact on the economy, the drop in currency value - which, if you've been paying attention to the Dollar-Euro relationship, has already been happening - would be very beneficial. But at what cost? While Stocks should benefit, Bonds may have a different reaction. And that brings us to the heart of what you need to know: What would QE2 mean to Bonds and home loan rates? If the Fed does go through with another round of Quantitative Easing, Bond prices should - initially - improve for two reasons. First, Bonds would likely improve due to the soft economic data causing QE2. Second, Bonds would improve simply because the announcement of QE2 would include large Bond purchases. The key word is "initially." That’s because, even though Bonds would initially improve, the eventual softening of the Dollar, rising commodity prices, and rise in Stock prices could become a drag on Bonds, which would negatively impact home loan rates.
  7. Florida is loaded with sharks, I have watched 8 ft hammerheads come to a fishing pier under the cleaning table to feed on scraps while people swam within 100 feet of them. They will not bother you.
  8. Thanks for the imput Grumpy.
  9. I am looking to upgrade my Palm Treo for my Real Estate business and am leaning toward the Motorola Droid. Any insight would be appreciated. I now use Verizon as my carrier and hear they will also have the Iphone this summer. Thanks
  10. Please send me more info on this investment, very interested. Thanks
  11. Great post! We spend too much time talking about money we hope to gain and forget about the Iraqi people. Lets keep them and our servicemen in our prayers.
  12. Any time next month works for me.
  13. But are they now wealthy?
  14. Seems to be a new rumor every 45 minutes. Go RV!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  15. The Eagle Card news came out a few weeks back, nothing new here.
  16. This is the entertainment portion of this site, thanks possum you make it interesting
  17. The site has been very entertaining and can be a wealth of knowledge if common sense is used. Hope to cash in with enough to help others in need!
  18. The rate on XE.com is still at the old rate, no increase.
  19. When you go to cashout bring your Currency Transaction Report (Fincin Form 104). Also bring your Election To Opt Out Of IRC 988 form, this will help you save About 12% in taxes and keep you under the IRS radar screen.
  20. This is the best post I have seen. Always thank our service men and woman when you see them for what they do. They are the best!
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