Dow is up 450 @3:45 EST - Why?
Submitted by sunshine05 on Mon, 03/23/2009 - 14:47
Does anyone know what is driving this? Haven't been following any news today.
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Toxic assets
Banks are now going to be able to get out from under their "toxic assets" on the taxpayers dime.
bailouts
The fed is pumping all kinds of monopoly money into the economy of course the stock markets are going to go up.
But once the markets absorb the implications of trillions of dollars appearing out of nowhere, the dollar will tank even more.
These people are either totally stupid or totally bent on breaking the dollar. I tend to believe the latter.
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants
Yeah...
But the dollar lost value to other currencies (swedish krona being one).
~~
Teach a man to fish and you feed him for the rest of his life.
Teach a man to phish and he'll clean out your bank account.
~~
reading my mind...
Inflation will drive up prices of most assets, even stocks and real estate. I hadn't expected it's ugly head to surface so soon though.
Inflation watchers, keep your eye on oil, almost at $55 (up from $35 only 3 months ago.) Gold is manipulated heavily, so really can't be used as a gauge.
Buckle up!
because the same people who
because the same people who vote for obama buy stocks.. this is the bear market rally I have been looking for.. watch about the 2nd or 3rd week in April we will go down to 5800 or lower..
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
the stock market's last
the stock market's last breath
http://www.meetup.com/RP2012GrandJunctionCO
This
is a "sucker's rally"
Inflation
You know people are brainwashed when the mere fact of the stock market going up is taken as good news. It's not necessarily, it can merely be a sign of inflation.
Uncertainty persists
Excerpt:
"There is clearly uncertainty and nervousness in the markets irrespective of the short term move higher and as long as those general feelings continue, the VIX is going to have a hard time moving considerably lower," said Greenhaus.
http://www.marketwatch.com/news/story/Measure-uncertainty-remains-elevated-even/story.aspx?guid={CB2930BD-3396-4F6C-A79D-D97D9DE11A5C}
positive talk
on the msm.
Because they obviously like the idea of all the bad
or toxic assets being bought up by the FED or treasury or whoever. OR maybe just maybe there isn't going to be a crash and the previous downs were due to normal flucuations? I am about finished with the predictions of gloom and doom. It really makes me wonder if there is ANYONE out there (including RP) who truly knows what's going on???
I think the answer to that
is that no one can know what is going on, because what is going on is not natural, but rather elite-made manipulation and it all just depends on what they want to do. I think they want to get to electronic transactions and might step up to them by issuing vouchers after the dollar crashes.
I don't believe there will be a dollar collapse.
Or an economic collapse period. If this is all manipulation, they will simply continue the manipulation doing whatever it takes to prevent the entire thing from coming unglued. What I've gotten from listening to everyone's opinions is exactly nothing. No one knows. Some say yes there will be a collapse, etc. some say no and that we are actually about to turn the corner and still others say any collapse or hyperinflation IF it does happen is years away.
I believe that if they keep printing a trillion dollars a month
we will soon be going to the grocery store with a wheelbarrow (or with TCUYA).
there will be a collapse..
there will be a collapse.. there has to be.. there are still a quadrillion worth of derivatives to unwind.. or atleast 687 trillion worth.. you will see.
also i have seen a few people say the hyperinflation will be years away.. that is usually said by some young punk who has never lived through a bad recession, or seen the types of monetary crazieness we see now.
back in 79 0r 80 we didn't have derivatives that are worthless like we have now. People can't see the forrest for the trees.
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Hope? Upcoming Congressional Recess?
It's the herd instinct at any rate. It's going up because it's going up.
IMissLiberty
IMissLiberty