I need the "Smart crew" on this one

[Mega]

http://market-ticker.org/archives/11...-Bernanke.html

Would he do this?????
Mike

[pwcmba]

Re: I need the "Smart crew" on this one

The drain hitting on Monday or Tuesday corresponds with Martin Armstrong's date for the beginning of the "Waterfall effect". Major turn in June.

http://www.contrahour.com/turnoutlights209.pdf

[metalman]

Re: I need the "Smart crew" on this one

http://market-ticker.org/archives/11...-Bernanke.html

Would he do this?????
Mike

count up the + and - on his previous 10 calls... i get a neg. #

[phirang]

Re: I need the "Smart crew" on this one

Read EJ's note: he conceeds that we may have a deflationary spat as the Fed defends the treasury market.

This whole "printing press" thing may prove to be the greatest canard ever...

[metalman]

Re: I need the "Smart crew" on this one

Read EJ's note: he conceeds that we may have a deflationary spat as the Fed defends the treasury market.

This whole "printing press" thing may prove to be the greatest canard ever...

yawn... coupla bumps on the dollar's long road down after 2001...



...conversely gold's long ride up...

Gold in US dollars daily



Gold in EU euros daily



Gold in Japanese yen daily



Gold in British pound sterling daily

who gives a shit re next week month or year.

the $$$ is in the signal in the noise...



noise sites drive traffic and trades... it's not what you say but how you say it and how often. takes a strong personality like karl or cramer.

[sandwind]

Re: I need the "Smart crew" on this one

I don't see anything table is clear
http://www.gmtfo.com/reporeader/

[johngaltfla]

Re: I need the "Smart crew" on this one

5 days from now means nothing. Watch what happens at quarter end on June 29-30th. That will be the nightmare for Ben. The foreign powers are DARING him to defend the dollar. Because they will sell everything to him in a blind heartbeat to get out of their dollar positions.

[metalman]

Re: I need the "Smart crew" on this one

5 days from now means nothing. Watch what happens at quarter end on June 29-30th. That will be the nightmare for Ben. The foreign powers are DARING him to defend the dollar. Because they will sell everything to him in a blind heartbeat to get out of their dollar positions.

i've heard assertions like this 1000 times. on this (fill in the magic date) the fed will be forced by (fill in fed bully name here) to (buy/sell) to defend the dollar.

news flash... the fed wants the dollar weak.

news flash... gov'ts cooperate.

gov't cooperation in pictures?

Gold in US dollars daily



Gold in EU euros daily



Gold in Japanese yen daily



Gold in British pound sterling daily

see any currencies crashing?

as soon as they didn't have to ship gold around it's all politicians and accountants.

[johngaltfla]

Re: I need the "Smart crew" on this one

Metalman, they want it weak; they don't want 200 bps moves in one day.

Big difference.

The Fed's ultimate goal is to have the USD index in the low 70's by year end but the markets want it there now. Thus the battle royale is shaping up.

My money is on the markets but the Russians and ChiComs have a vested interest in getting the USD up over the 82 mark one more time to finish liquidating as much of their holdings for a profit as they can. You have to remember they were huge buyers of US Treasury debt when the index was around 71-73.

[doom&gloom]

Re: I need the "Smart crew" on this one

interestiing though on that defensive play.;...

[Slimprofits]

Re: I need the "Smart crew" on this one

And by paying back the loans the banks are taking liquidity out of the system. They raised capital and then took it out of the private market and gave it back to the Fed via the Treasury. Is this the first sign of the Fed coordinating with Treasury the tightening of monetary policy?

Keep in mind that including Goldman, five of the ten companies that were approved for TARP payback are primarily investment banks that don't do much lending, if any at all.

[*T*]

Re: I need the "Smart crew" on this one

Gold in British pound sterling daily


see any currencies crashing?

Yep - Sterling. 30% devaluation in gold terms.