Thursday, March 10, 2011

QE to Infinity and beyond

$25,000,000,000 POMO Thursday at 0% interest to short commodities, right is this legal Oh hell yea and even encouraged. They gotta keep commodity prices down somehow. This is a buying opportunity (as far as i'm concerned, increased positions in AG and XLE today), they are saying commodities are down on global growth concerns, are you KIDDING, what about all the money being printed all over the world, financial media forgets so quickly.


The FED can't stop the QE PONZI SCHEME, did you see that PIMCO dumped all US back debt, soon there will be no one left holding the bag. Where is the sanity?

Take my word for it QE is here to stay! QE to infinity and beyond. 

At this pooint the federal reserve owns at least three quarters of the treasury market, HELLO!

Suppose they stop buying, do you think China, Japan, and UK will step up, HELL NO. They are already dumping it like toxic waste. There will be no buyers and how do you think were gonna raise 1,500,000,000,000 dollars to cover just the deficit for this year? And then what about next year. You don't really think they will raise rates to attract foreign investment, thats the only way to get people suckered back in 

The catch 22 in the Ponzi scheme is that if rates go up the scheme fails, we'll default. If the Ponzi scheme was to work that is, we created jobs, more tax revenue and cut spending NAH!!!!.

QE WILL NEVER STOP



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