QE3 will happen, must happen. No more funny money into the system and the tent folds up, market drops 20% from here and unemployment hits 12-15% by years end. They may call it something else, but the presses will continue to print, and print, and print some more.
QE3 will happen, 2012 is a election year, the Fed always supports the incumbent guy. I expect there to be some announcement in Sept.
Sure thing, would be happy to discuss, but a bit later, if OK... A bit of a crazy day here at the moment.
In the crazy house, quite often they meet and one retard looks at the other and they both agree than everybody else outside is crazy.
I wish I was 16. Do you listen to Mark Levin? Have you read these books? Liberty and Tyranny: A Conservative Manifesto Rescuing Sprite Men In Black The Great American Awakening Right Angle
He has no time to read books. His job is to defend German policies of economic manslaughter and to attack opponents in forums.
S&P down 40 points on the day. Currently, 30 points down. VIX made new long term high's today, nearly broke 30.. Red across the board. The kicker - gold. Only down 10 bucks. Gold has decoupled. Gold now acts like a reserve currency. The market has *yet* to recognize silver as currency. Silver down almost 4 dollars today.. Ripe for bottom picking once we find a bottom! Brent crude down 6 bucks.. Tomorrows NFP better print better than expected....