Posted on 04/04/2013 11:14:09 AM PDT by SeekAndFind
Yet... those rates will be coming back. They are being held artificially low.
We’re going to have high interest rates, high inflation, and negative economic growth when our creditors say “enough”.
“The Federal Reserve is handing over $85 Billion a month to Wallstreet with bond purchases. The Market is being fed sugar. This is not going on the US Debt ledger, so its above and beyond the $16 Trillion in US debt. “
“More Americans than ever in prison, yet the crime continues to decline.”
Same people making the same error in logic.
A roof over your head is tangible goods, as long as the bank does not own the last 1% of it. Because they will be glad to repossess it if there is an economic collapse.
The Banks got a good gig set up, if it all goes down, all their worthless cash becomes land at cents on the dollar, and if it does not collapse they rake in the interest.
Run away, run away!
Bump
bump
bfl
But what earnings justify these sky high stock prices? Glen Beck is even musing that one day America will be China’s bitch; yet the stock market is telling us all is roses and honey in the world.
Buying stocks on margin has increased at a pretty clip since QE Eternity was announced. It was $366B at the end of February..
If it is a result of inflationary monetary policy over the last 9 months, why is it gold is lower than it was 9 months ago?
Much of the inflationary pressure on the gold market was due to sovereign nation stockpiling gold as a hedge against the deposing the U.S. Dollar as the international trade currency. Note how Germany called home its gold deposits in the New York depository. some of this sovereign nation purchasing as abated somewhat for the moment, allowing market valuations of gold to fall to more affordable levels for any future tranches of bulk purchases of gold for their depositories.
Don’t forget there was a mass exit from stocks into bonds and other securities in the last few years, so it is to be expected that margin volumes should increase as investors and traders return to stocks, stock options, and short premiums.
20% down? What were those draconian banks thinking? My God! Didn't they know that every one has a right to own a house? /s
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