N********n
发帖数: 8363 | 1
Banks ignored risks b/c #1 Artificial low interest rate created a
huge flow of cheap money that distorted the market structure. #2
They had government agencies such as Faanie Mae and Freddie Mac
to back their risky investment up.
Who's responsible for #1? USGovt regulators. Who's responsible for
#2? Again it's USGovt regulators. Bankers still had their share of
blame but let's not fool ourselves thinking more such regulation
is the cure. USGovt regulators caused the current depression. |
|
N********n
发帖数: 8363 | 2 QE has NEVER stopped as that's the only to way keep USGovt bond at
such low rate. W/o QE, 10Y bond yield would be well above 5% instead
of being suppressed below 2% now.
QE will go to infinity b/c USGovt deficit will go to infinity so it
will be resolved either by a hyperinflation or an outright USGovt
bond default. Either way US is heading for a big crash. |
|
N********n
发帖数: 8363 | 3
With USGovt managing just about every program into either insolvency or
crash you should question why they deserve to take so much money away
from the private sector.
Were it a private company and one of its department loses money forever
this department would be funded any more and possibly get dropped. The
same rules should be applied to USGovt. |
|
N********n
发帖数: 8363 | 4
USGovt has a habit of attacking gold prior to a big financial crisis.
We don't know what the motive behind the current raid is yet but it
is naive to think "美国经济稳步复苏". All you need is looking at the
collapse on copper chart to tell global economy is in trouble again.
QE has no exit as USGovt has no other way to finance its ever-growing
debt. It will have to be expanded as economy continues to shrink. |
|
N********n
发帖数: 8363 | 5
PET is controlled by USGovt and Fed. They use Wall St. banks to run
the raid. High metal price would erode people's confidence in US$
so USGovt and Fed cannot stand it.
W/ mega QE coming in 2013 and an imminent debt crisis, they don't
want metals to fly high in the sky so here comes the raid. |
|
N********n
发帖数: 8363 | 6
USGovt is in perennial deficit, and FED is the main buyer of USBond
so they cannot stop expanding their balance sheet. There's no way they
can "提前把这些bonds卖了". They would crash both bond and housing
market if they do that.
This 2.5预期 theory is flawed at best. First of Govt CPI is rigged.
Real CPI is far higher than that. Secondly asset price does not go
up in sync. Some goes up a lot (such as gold) some goes down b/c
they are a bubble such as (bond and real estate). Thirdly the rest
of world is ... 阅读全帖 |
|
N********n
发帖数: 8363 | 7
High interest rate squeezes real estate market so be careful of any
real estate related stocks at this point. It also squeezes USGovt as
it now carries 16 trillion$ debt. Higher rate will upset USGovt so
expect Fed to call tapering off some point down the road. |
|
N********n
发帖数: 8363 | 8
The 2008 crash was NOT caused by the free market but a rigged market
manipulated by THE VERY GOVERNMENT REGULATORS you support.
Free market means free of manipulation, especially government
manipulation. Had it not been the government guarantees by Fannie
Mae and Freddie Mac, no bank would have given out zero-down home
loans to people w/o any legitimate income
USGovt's artificial low interest rate and guarantees created the
irrational housing demand that sent price soaring, turned it into
a meg... 阅读全帖 |
|
N********n
发帖数: 8363 | 9
It does not even need much IQ to see the market was a bubble as all
it takes is a little common sense. Google Peter Schiff mortgage bank
speech in 2007 and see how early a fiscal conservative had seen it
coming.
Greenspan is a libertarian IN NAME ONLY. Real libertarians would not
set an ARTIFICIAL low interest rate, which was the fuel behind the
bubble. Instead they'd let market force decide it based on supply and
demand It's not FDIC but CFTC trying to expose bankers derivative
market and got ... 阅读全帖 |
|
N********n
发帖数: 8363 | 10
HOHO. Selling any form of gold for downgraded fiat money is like jumping
from the lifeboat onto Titanic. Don't do it.
What do you get from the check list below?
National total debt: $14.271 trillion
USGovt tax income: $2170 billion
Federal budget: $3820 billion
New incremental debt: $1650 billion (norm for this decade)
Recent budget cut: $38.5 billion (a mere 3/4 of 1% of the budget)
You get QE to INFINITY. Money printing to INFINITY. Gold price thus to
INFINITY. Value of US... 阅读全帖 |
|
N********n
发帖数: 8363 | 11
Of course Buffet makes more money b/c he's an insider. Why are you so
willing to lick his butt? Does he spare you an insider pick?
Buffet has been misleading the public on gold for a decade where gold
appreciates 7 folds. He's doing it for USGovt to discourage people from
owning gold, and you think he's offering you sound advice? Such as fool. |
|
N********n
发帖数: 8363 | 12
Of course Buffet makes more money b/c he's an insider. Why are you so
willing to lick his butt? Does he spare you an insider pick?
Buffet has been misleading the public on gold for a decade where gold
appreciates 7 folds. He's doing it for USGovt to discourage people from
owning gold, and you think he's offering you sound advice? Such as fool. |
|
N********n
发帖数: 8363 | 13
Buy gold during this dip, don't be scared. Inflation protected bond is
a Madoff fraud run by USGovt. |
|
N********n
发帖数: 8363 | 14
Any place inside USA is dangerous. The biggest 毛贼 in town is USGovt. |
|
N********n
发帖数: 8363 | 15
That's why gold and silver are the real money. Paper dollar that USGovt
dilutes at will cannot keep its purchasing power and thus cannot be
used as money. |
|
N********n
发帖数: 8363 | 16
PET = USGovt Plunge Enforcing Team in the gold & silver market.
Gold miners are heavily suppressed by Wall St banks. They don't want
anything related to gold to look good, be it gold and mining equities. |
|
N********n
发帖数: 8363 | 17
Plunge Enforcing Team in gold/silver market run by USGovt, Western
central banks & Wall St. |
|
N********n
发帖数: 8363 | 18
Isn't it funny the guy trashing gold had his own fund completely
out-shined by gold? We are not talking about 1 year or 2. We are
looking at a 10-year span, and Berkshire fell way behind gold.
Buffet is a crook. He is govt's mouth and trying to mislead the
public away from gold b/c USGovt hates gold. |
|
N********n
发帖数: 8363 | 19
PET = Plunge Enforce Team in the gold / silver market.
It is run by by USGovt, FED, Wall St banks and so on. They come out
attacking gold price around specific dates such as monthly job #s,
GDP, CRIMEX OE, FOMC, etc to discourage people from buying gold. |
|
N********n
发帖数: 8363 | 20
It's only political talking that cannot be backed up by real action.
US govt cannot cut the debt b/c US does not have a productive economy.
as everything is about borrow to spend in this country.
With USGovt stuck in ever-growing debt FED will be tasked as the
only one willing to finance the debt. If FED stops QE then this US
phony economy will crash. |
|
N********n
发帖数: 8363 | 21
This is just Fed moving the market with their mouth in the short
run. They cannot let interest rate rise when USGovt carries 16T
debt (and growing) already. 1% rate up would instantly cause a
huge budget squeeze on Uncle Sam.
China is too smart to be fooled by Fed's mouth so China will keep
on buying gold. Any gold price correction like today's is a buying
opportunity. |
|
N********n
发帖数: 8363 | 22
Plunge Enforce Team in gold & silver market run by USGovt. |
|
N********n
发帖数: 8363 | 23
USGovt carries 16T (and growing) debt. Any jump on the rate would
stress Uncle Sam like hell, which is why it won't happen. |
|
N********n
发帖数: 8363 | 24
Real estate is where the same bubble (USGovt sponsored artificial
cheap loans) that crashed the 2006 market comes back.
Real estate price should not be growing while the unemployment is
still high and people's income stagnates. If I have no robust income
then I cannot cover the mortgage payment. If I cannot afford the
payment then the price has no reason to be high. It's that simple. |
|
N********n
发帖数: 8363 | 25
Remember back then in 2008 they crashed both gold and silver in August
out of blue. Later we learned it was b/c they were front-running the
debacle of Lehman, AIG and FANNIE MAE. They don't want gold to look
good in that collapse.
The current attack feels like the same thing. There has to be a
strong motive behind it. We just don't know what it is yet. I just
know USGovt debt crisis will stay here for a long long time and
gold will recover and go higher. Let's see where the bottom is. |
|
N********n
发帖数: 8363 | 26
HOHO, 被逼急了CRIMEX合同可以被强制CASH SETTLE的。CRIMEX就是个赌场，
在赌场赢钱只有一种方式：赢其他散户的钱。如果你非想挑了庄家就等着
赌场跟你拼命吧。CRIMEX这个场子是USGovt开的，散户是都不过美国政府
的。明白人都找其他渠道买实物。 |
|
N********n
发帖数: 8363 | 27
Gold is a political metal. W/ USGovt debt issue still in the play,
the political environment would not wanna see a gold rally here so
it's prudent to wait and see here. |
|
N********n
发帖数: 8363 | 28
Plunge Enforce Team in gold & silver market run by USGovt. |
|
o**o
发帖数: 3964 | 29 现在利率比历史最低点是高一点点，但怎么也不能算High。USGovt的债再多也是俺过去
的固定利率支付，换句话说大部分比现在高，怎么squeeze政府。还有前面一位同学分
析说波动率增大导致期权价格下跌...偶劝大牛们还是远离股市好了，临走把银子留下
给青蛙 |
|
N********n
发帖数: 8363 | 30
The key to Ponzi Scheme is that people getting out of it early can get
their money. Those who left behind are the one holding the bags. That's
exactly what is happening to SS.
This notion that the most fiscally irresponsible and perennial in debt
USGovt could somehow 强制 anyone else to 储蓄 is amusing at best.
There's no need to 强制储蓄. Just tell individuals to take care of
their own retirement. If they do save, they live in poverty later on.
Their call. If they refuse to behave they suffer. Darwini... 阅读全帖 |
|
N********n
发帖数: 8363 | 31
Why do 工作的人 have to 养退休的人? 退休的人 had worked before to earn
a salary as well. Why cannot they save money for retirement?
They were simply fooled by USGovt to save in paper money only to lose
the purchasing power. They should instead buy gold and silver that are
inflation proof. |
|
N********n
发帖数: 8363 | 32
If you wanna sign a contract you should at least check the credibility
of the counter-party. If they cannot deliver then you will have to 自己
管理. Buyers be aware, especially when it's USGovt giving that promise.
Funny how you picked the last top to argue against gold. How were those
funds doing after Nasdaq crash and 2008 crash then? You don't seem to
have a problem there somehow. |
|
