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Money is Hemorrhaging

Curtman

Silver Member
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Mar 30, 2010
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#1
money is hemorrhaging out of the market as people get nervous from pre-callapse and year end profit taking. Some have positioned into shorts, gold and silver stocks ETFs up 6.8 and 6.9% as cash. Fed will go. initial reaction of panic sell and then the buying will resume. Feds realization they are not going to be able to raise enough to inflate away the debt speaks they are done after this last one.
If time is going to be bought it is going to China lowering taxes and Trump fading tarrifs. That only prolongs the inevitable 6 to10 months. Still on course. Us oil patch will bleed unemployment other sectors will loose jobs consumer debt default catastrophic. Hold your assets for cheep houses, cars, trucks what ever. holding dollars risky. Venezuela today is like Weimar Republic.
 

Fatrat

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#6
Rates need to be 3-4% so we can have an economic cleansing...
 

nickndfl

Midas Member
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Jan 7, 2011
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#8
They raised too fast. 4 hikes this year after 10 years of flat rates is not working at the same time as unloading their balance sheet. They can say they will wait for mare data and not raise before the next meeting in Jan.
 

Strawboss

Home Improvement Sales Trainee...
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#9
The FED needs to NOT raise on Friday. They literally killed housing and cars, not to mention stocks.
If they raise rates on Friday - that would be an historic first in Fed history...never happened before.

I would go so far as to say that if they do indeed raise rates on Friday - the market will go absolutely berzerk - insane - the selloff would be gargantuan. Multiple circuit breakers hit...blood in the streets...

Why?

Because the Fed raises rates on Wednesdays - not Fridays.
 

ZZZZZ

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#10
Either way, what kind of fiat-based economy do we have that is so fragile that it may be derailed by a mere 25 basis point hike from The Fed?

Ron Paul is still right - End The Fed!
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