Printable View
“There is no way on Earth that the S&P is going to stay near 2,000 without the Fed printing money -- there’s no way. They tried to exit from QE1 and QE2 and it failed and the market tanked. Does anybody really think
that they can print $1.5 trillion over the space of a year and a half, and then stop and not have the
markets go down? That’s the only reason the stock market went up.”
http://kingworldnews.com/kingworldne...ccelerate.html
its just a few rich dickheads buying a new home under ground
Might be time to dust off this old thread. DEFLATION is the ever-present monster eating up the cookie crumb trail of excessive government pumping of the money system. Its time will soon be here. When companies are going out of business, the plunge protection team have to stop pumping their stocks. Can you imagine a bankrupt company with a million shares of $50 stock? Let's see if this happens.
Greg Hunter interviews Harry Dent. Excellent discussion. He is presenting the deflation argument and looking for many bubbles to pop.
https://www.youtube.com/watch?v=q9gnBe37k34
Thanks
What a joke... people still believe this reflects the real health of the the stock market.Quote:
Originally Posted by mick silver
Stock market is a joke. 20 years ago with 50K and a smart head you could retire (and still play) for another 20 years. After this you could be rich beyond dreams unless blatantly stoopid. I got stuck in the 2009 shit.Quote:
Originally Posted by BrewTech
Actually, I don't think people really even believe that any more. With alternating swings of 200-400 points per day, I think even the Average Joe is now suspicious.Quote:
Originally Posted by BrewTech
As I understand it, the federal reserve now has its own trading desk.... to buy stocks with its unlimited fake money! I guess the plunge protection team doesn't need shill shells like Goldman Sux anymore.
They can pump up values of stocks.... until the companies fold and instantly become zero.