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DOLLAR TANKS, RATES COLLAPSE, STOCKS EXPLODE TO ALL-TIME HIGHS (After Fed's No Taper Announcement)
Business Insider ^
| 09/18/2013
| Sam Ro
Posted on 09/18/2013 11:34:54 AM PDT by SeekAndFind
The Federal Reserve's FOMC statement is out, and it's a shocker! The Fed is NOT TAPERING its massive $85 billion large-scale asset purchase program.
Almost no one expected this.
The Dow went from -40 to +63 in the blink of an eye.
The S&P 500 got as high as 1,718, which is an all-time intraday high.
The U.S. dollar tanked, and gold spiked.
The 10-year Treasury note yield tanked to 2.76% from around 2.86% before the announcement.
(Excerpt) Read more at businessinsider.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: dollar; fed; rates; stocks
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To: SeekAndFind
First question that comes to mind: How long can they keep kicking the can?
To: SeekAndFind
Gotta keep pumping for 2014 elections..
3
posted on
09/18/2013 11:35:53 AM PDT
by
bigtoona
To: SeekAndFind
Free money! Heck, everything is free nowadays under obozo. No need to ever pay for our debts!/s
4
posted on
09/18/2013 11:35:55 AM PDT
by
Red in Blue PA
(When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
To: Red in Blue PA
"No need to ever pay for our debts!/s"Yeah; Republicans can point to THIS when they talk about the Debt Ceiling/CR and NO MONEY FOR THE OBAMACARE takeover/handouts.
5
posted on
09/18/2013 11:37:16 AM PDT
by
traditional1
(Amerika.....Providing public housing for the Mulatto Messiah)
To: SeekAndFind
6
posted on
09/18/2013 11:38:39 AM PDT
by
BenLurkin
(This is not a statement of fact. It is either opinion or satire; or both.)
To: bigtoona
Gotta keep pumping for 2014 elections..
Pump...(Clap)... It UP!
7
posted on
09/18/2013 11:39:47 AM PDT
by
GraceG
To: SeekAndFind
First question that comes to mind: How long can they keep kicking the can? The Fed has a lot of extra zeros left to add to their spreadsheets, and most Americans have yet to realize how their savings and wages are being stolen by devaluation of the currency - so I say, a while longer yet...
8
posted on
09/18/2013 11:40:31 AM PDT
by
PGR88
To: SeekAndFind
Well, some on the Left have already suspected that it will be delayed until the 2016 election. And fall completely into the next President's lap, whoever that is.
9
posted on
09/18/2013 11:41:08 AM PDT
by
Theoria
To: SeekAndFind
Wait. What about all the stimulus’s?
You mean we CAN’T afford to go into Syria? Gee.
10
posted on
09/18/2013 11:41:16 AM PDT
by
Beowulf9
To: SeekAndFind
At any other time in history, if we had a group of people STEALING 85 BILLION DOLLARS EACH MONTH over several months, the American people would be out with guns and knives after the blood of the thieves,
Then they'd take the bodies of these thieves and burn them in the garbage dump.
11
posted on
09/18/2013 11:42:22 AM PDT
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Theoria
2016?
I have my own reasons, but I’m predicting Sept 2015.
They may want to keep it afloat until 2016, but they won’t.
12
posted on
09/18/2013 11:43:32 AM PDT
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: BenLurkin
Somethin' spooked ' em.
13
posted on
09/18/2013 11:45:16 AM PDT
by
nathanbedford
("Attack, repeat, attack!" Bull Halsey)
To: SeekAndFind
Can someone translate this, please? Stock market and Precious Metals are rising.. Is this the party before the ship sinks?
To: SeekAndFind
The price of gold shot up about $50 in the blink of an eye, too. Silver also popped.
Somebody, probably the IMF, knocked the price of gold down $10 last night when the Japanese market opened. Hoping to avoid today’s rise, I expect. No such luck.
15
posted on
09/18/2013 11:46:00 AM PDT
by
Cicero
(Marcus Tullius)
To: CivilWarBrewing
16
posted on
09/18/2013 11:46:33 AM PDT
by
BenLurkin
(This is not a statement of fact. It is either opinion or satire; or both.)
To: SeekAndFind
“The 10-year Treasury note yield tanked to 2.76% from around 2.86% before the announcement.”
1/10th of a % is “tanking”?
17
posted on
09/18/2013 11:49:00 AM PDT
by
Carriage Hill
(Peace is that brief glorious moment in history, when everybody stands around reloading.)
To: CivilWarBrewing
Stocks and precious metals are “rising”,
but only RELATIVE TO THE VALUE OF THE DOLLAR.
The dollar is tanking, because they’re creating $85 billion out of thin air every month.
18
posted on
09/18/2013 11:51:08 AM PDT
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: Red in Blue PA; CSM
Boy, did I and Dave Ramsey ever get fooled. Heh.
19
posted on
09/18/2013 11:51:47 AM PDT
by
Carriage Hill
(Peace is that brief glorious moment in history, when everybody stands around reloading.)
To: Yosemitest
“At any other time in history, if we had a group of people STEALING 85 BILLION DOLLARS EACH MONTH over several months, the American people would be out with guns and knives after the blood of the thieves,
Then they’d take the bodies of these thieves and burn them in the garbage dump.”
At this time in history, if yiou even dare to mention such a thing, you will be called a RACIST! by the media,or one of those crazy CONSERVATIVES, or even worse, a possible Christian....
Welcome to the idiocracy, folks. And frankly, it is one of our OWN creation.
20
posted on
09/18/2013 11:52:00 AM PDT
by
tcrlaf
(Well, it is what the Sheeple voted for....)
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