Whats going on in the market?
Interest rates dropped .75% and...
-The US dollar just gained .23% on the euro from yesterday
-Silver is down
-gold is down
-half of the financials are down and half are up while everything else except housing stuff is up.
This doesn't make any sense to me.
And why is silver so far down?
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If you create the currency,
control the rates, loan the money, collect interest, have private ownership
of the banks, adjust the market at your whim [PPT], inflate the currency, you have it all covered. It is even the same players---JP Morgan created the panic in 1908, and also cleaned up on it. Here we are today, JP Morgan again, probably one private banks in ownership of Federal Reserve buying up BS with taxpayers money, and everyone is supposed to be grateful that they saved the day. A couple of investors lost 1B each in that transaction. The precious metal purchases are not to make money on, but to have an alternate currency when the dollar tanks, even though it is controlled to some extent, historically it rises consideribly when the dollar falls.
PPT is pulling out the stops
PPT is pulling out the stops to manipulate the markets. It will only prolong the agony. And of course give the Federal Reserve/Elite time to complete their rape of the American middle class.
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If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin. Samuel Adams
can someone hear clear this
can someone hear clear this up for me? I have three grand in dollar denominated foriegn mutual fund. Am I protected from a falling dollar? Because those companies are making money in china and europe in their own money.
If your fund receives income expressed in a more stable
currency, then that is better than receiving income in a less stable currency. If your share of the fund is denominated in dollars, as your share of the fund that receives income in,say, Euros, then your equity, expressed in dollars, is going to reflect the growing disparity between the Euro and the dollar. If your fund receives income in dollars, then each of those dollars is being debauched, on a daily basis, by the Fed inflation machine.
your guess is as good as mine but
People were expecting the rate cut, so the markets were up, and so was gold and silver. When the rate cut was smaller than expected it still had a positive influence on the market, but gold and silver took a small hit because people expected the dollar to lose more value today--instead it did fairly well.
There are all kinds of ruses available to the Fed.
They have pumped more of the drug (cheap money) into the market and, lo and behold, some numbers went up. The general trend is still down. The dollar has gone up a few times, here and there, over the past few years, but the general trend is still down. Bear-Stearns is only the first to fall. There are plenty of others and it's not just mortgage-backed securities that constitute the subprime disaster. A bet against the dollar is a bet that is going to win. Wall Street is going to continue to try their best to convince you that their game is a winning game over time and they will even show you figures that purport to show rising prices of various securities; rising in terms of what? A sinking dollar? They don't tell you that part. If you measure the health of the market by the DJIA, then you're using a measurement based on a commodity (fiat money) that continues to sink in value.
same thing happened last
same thing happened last time they cut rates.. give it a week or so and then were gonna be knockin at 1100.00 or more gold and 25 dollar silver..
THIS IA ALL SMOKE AND MIRRORS FOLKS.. great time to buy on the dip.. hold for the long haul! we have atleast 10 years till this metals market will stop going up! also with silver... the reason it is so far down is because of this.. The silver market has the largest short position of any commodity in the history of the markets.. there are 4 large shorts who are colluding the market.. its fact. the market is manipulated... go read what ted butler says about silver manipulation investmentrarities.com
down load the free 61 page silver book by him... the manipulation is about to end then silver will surge... Gold will not even be able to keep up with silver once that manipulation is broken!
Financials rallied today
because of the VISA IPO.
JP Morgan
CitiBank
UBS
are all tied into the deal. Watch their stock fly.
Not surprising. The Fed
Not surprising. The Fed just pumped in more money. It's still trending down. No market moves in one direction without deviation. You can't base your actions on every market move. The dollar continues to tank which, of course, it has to.
it's
It's called a rally.
yes a fools rally!!! and
yes a fools rally!!! and guess who's the fool!
no
If I sell tomorrow i get the money,,it's no fools rally
I think the cat is playing
with the mice.
Buy on the rumor
and sell on the news. The markets don't really react to the news but predict the news.
What does it mean?
Follow history, and that means buy silver and gold while it is down. Band-aids won't fix what is ailing us now.
the old saying "putting a
the old saying "putting a band aid on a bullet wound" is what's going on. don't feel bad if you bought silver or gold recently. right now the sheeples think Bernanke saved the day with this rate cut so that's why prices are dropping. but i'm not fooled and feel good about my purchases.
I believe some serious
I believe some serious behind the scenes work is currently in effect, which is fine by me. Prolong things as much as possible. I suspected as much yesterday when I bought some more silver, but I couldn't take the chance as I think silver's next stop is $25 very soon. I always go to 321gold.com to view the charts. There is gold, silver, and the USD index shown all together. The gold and silver chart yesterday looked IDENTICAL with a two hump step down spanning the exact same time. Coincidence? I think not.
I noticed that too. Both
I noticed that too. Both charts are almost exactly alike, same bumps and dips. This has been going on for a while now. Someone is playing.
Yeah, I expect them to have
Yeah, I expect them to have similarities since they are both commodities reacting to the dollar's value but yesterday was too similar... it was like someone trying to stomp out a fire as they were both pressuring upward. lol
Just wait till the next bank
Just wait till the next bank run, things won't be looking so pretty ;)
market turmoil. dollar
market turmoil. dollar gained as the market expected 1 percent cut.
I Was Wondering The Same Thing
This is probably just a temporary reaction to the market in general. If you think about the rush to buy gold and silver, the market price has increased to historically high levels over a very short period of time. Some have decided to take advantage of the commodities market recent surge and sell off these commodities for a great profit. Additionally, there are a lot of great buy opportunities in the stock market, so of course traders will buy at reduced rates causing the market to propel up. This is also a sign to investors that the Fed will continue to try and prop up faulty markets that are brewing with malinvestment. If you know you have a safety net, then you keep trying to make money come hell or high water.
This is all short term and it is lead by the hoorah from the fed, but chances are this will be short term at best.
I am not an economist and this statement does not serve as financial advice. This is purely an educated hypothesis.
PPT market manipulation imo
PPT market manipulation imo
Definitely...
...this makes no sense at all, and is total BS. Bear Stearns drops from $30 to $2 a share in a week and you don't even have to take their liabilities, and everything's just gonna go back to normal, right?
I don't know but I hope
the market continues to soar at least for the day. I just moved everything but the international stock in my husbands 401(k) into the stable value fund. They base the amount on today's close....
Looks like another chance to buy metal if you have the money.