To: Kaslin
In my opinion, Obamanites are using just printed trillions-of-Dollars to buy index stocks and put them in new-high areas to make Obama look good.
Along the same line, I think they're shorting gold and silver stocks to keep them in new low territory The day of reckoning is coming soon.
Will probably be 1 July 2014.
6 posted on
06/02/2014 10:26:23 PM PDT by
OldNavyVet
(Looking forward to November elections.)
To: OldNavyVet
‘The day of reckoning is coming soon.’
I have thought this same thing for four years. At Least!
Yet, it never comes. At some point the World will no longer accept the Monopoly money that is the U.S. Dollar. We will lose our reserve currency standard. I fear that day as we see a stock market free fall and commodities rise to the stratosphere.
7 posted on
06/02/2014 10:51:41 PM PDT by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
To: OldNavyVet
“The day of reckoning is coming soon.” I have thought the same thing for the last 6 years, but it doesn't. I think that the Market is so manipulated by the Fed that I won't happen (on it own) for a long time. When you can print money out of thin air and 60%-plus of the worlds economy is in bed with you, that's a lot of control.
Money Line (Don't fight the Fed. Whether the central bank is right or wrong, that's good stock market advice.)
9 posted on
06/03/2014 5:17:44 AM PDT by
2001convSVT
(Going Galt as fast as I can.)
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