Posted on 06/20/2013 6:39:33 AM PDT by blam
Reminds you of the old Russian lament..”If only Comrade Stalin knew what the commissars were doing, he would stop it and correct things!” Uh.... Comrade Stalin knew exactly what they were doing. Obama’s commissars are not acting without direction. And yes the Left never considers it immoral to lie when promoting its goals. There is actually a marxist political term called “lying rectification” Obama lies seamlessly.
“The nanosecond that QE rug comes out — and eventually it will — the economy will be in a southward trend for quite a while.”
Which is the communist plan. Obama can’t get communism until people beg the government to do something about a crashed economy.
DJIA down 159
Another buying opportunity soon.
QE to infinity cannot end well.
“lying rectification”
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Rectification hell, it’ll kill us all!
Who’s 100 percent in the USD and has been since 2008?
Dis guy!
When Greenspan was in charge, traders referred to him and his buddies as the PPT or Price Protection Team. Pumping up the market then was not as blatant as it became after Big Brother had to bailout Uncle Buffy and the Goldman-Sachs crowd.
All the pumping has masked the lousy economic fundamentals disguised by a fixed unemployment rate which is revealed by a lowering worker participation rate.
The big boys took all the cheap money Helicopter Ben made available to them and put it in the equities and commodities market. They made a lot of money on paper at least.
Now that Barry has been reelected, they have signaled that they cannot keep the bubble inflated.
All the big boys who made so much money on paper are trying to convert their paper profits into real money.
In times past, the middle classes could be conned into buying a market top through what the old timers called distribution.
The middle class has been burned too many times to play that casino game again, besides the middle class has been destroyed and it ain't got no money to be throwing into the market.
Oh nice. So it begins...
Does anyone here think Silver is a good buy at $20?
it was at a high of 48 last year
ALSO- where would you buy it? Any one know a good place?
I bought some at 22 and while it is down, I still think there is potential for another jump (like last time they hype all came) so at 20 (or less) I would buy more and average my cost down
Ideas? Good place to purchase? (I got some from Goldline, but it is an 8% cost for them to buy it back)
Apmex and Monex also sell silver. I have silver (SLW) stock and I’m holding tight. If I had any investment dollars I would buy Silver Eagles myself.
well you have to admit he’s made millionaires of his union buddies and DC trash.....DC is having a BOOM!...
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