[xyz] RV?? lol when will someone at a central bank come up with a name for an emergency monetary programme that doesn’t involve yet another dismal acronym? Either someone at the ECB has a dark sense of humour, or the plan is to bamboozle the markets with so many mind-bogglingly complex acronyms that eventually they forget about the crisis and allow the euro to survive.
[xyz] please say aint so!!! The last time the stock market was this high, the Great Recession had just started, and stocks were pointed toward a headlong descent.
[maranatha] xyz wow
[maranatha] the stock market was the last to go then, too
[berberboy] i'm really starting to wonder if maybe okie and the others are being fed a lot of bs to keep them off track and iraq is really in charge of this. so many things have come and gone that this rv would have helped. my other fear is that the rich are figuring a way to keep this to themseleves
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Ribeye] berberboy i don't think the rich care much about us little millionaires! Lol
[Grandpa10] berberboy remember some of the chats with a intel giver that said there are people out there that never want us to see this
[BigB] WCW 2012jesus Just read an article...Yesterday was "Draughi Day." Today the Chinese officially released massive fiscal stimulus on top of the already monetary stimulus. Watch for the US Fed to chime in.
WCW] BigB i have said all along that the stumulas is a cover for the rv
BigB] WCW That is why the Asian markets are up so much today.
Ribeye] BigB Banking world is definately shaking.......good news for dinarians.
[BigB] cruiser childofgod Here is a little more from that article...Gold is going to and through $3500. The approach some long term gold bulls took toward gold, initiating a temporary short directly after Labor Day, is now in the process of backfiring badly.
cruiser] BigB think gold is going higher than that.
[Ribeye] cruiser what's happening in financial world! for us dummy's! lol
[cruiser] Ribeye Think it speaks for itself. Euro and Europe markets are moving. GBP is up . USD is dropping. Gold is well up.
[Ribeye] cruiser good news!
[cruiser] Ribeye Looks that way. Will it bring this to an end? We just have to wait and see.
[ready4riches] cruiser who will be able to afford to buy gold? not me
[cruiser] ready4riches Central banks. So they can back your currency
[childofgod] ConstantlyAbiding Exactly! We just have to wait it out - there will be no fanfare - its just a matter of time
[WCW] cruiser 911 would be a good day for a stumulas rv but today would be great day
cruiser] WCW I have to look up when the United Nations meets. There may be something to that. Or it could be just nonsense.
[BigB] cruiser Yea - I'm with you on that one. But is nice to see forcast indicating the rise.
[ready4riches] Ribeye i think silver might be a better investment. what do you think?
[mbillions] ready4riches I agree with the silver thing...
Ribeye] cruiser i will have more 'flexibility' after the election! Lol
[cruiser] Ribeye so will I. Especially in my rear end. Will be able to get out of my chair lol
[Ribeye] cruiser lol
[BigB] cruiser Some reading this may be interested to know that since August 17, when gold was $1,588.60, silver $27.43 and the ratio 57.5, it has made significant movement in relation to the falling 'dollar' which now is down to 80.28 on the index having dropped .82 as of this writing.
[cruiser] BigB Trying to figure out why the Dollar is not lower. Gold is up. Euro is up. Silver, Oil, GBP all up. And the dollar has only dropped a little.
[bryan1972] cruiser since I have been in this investment, I have heard .86 cents for the rate alot, I believe Blaino said this the other day, Where do they get this from? Thanks
[Ribeye] cruiser guess eveybody knows the Dollar is going to win in the long run.
[feda] bryan1972 I don't want to but in your convo... but I think that was montanna or.. he was a dime... I don't remember... just you remember ... where they were before the war
[BigB] cruiser I think we will experience the drop by Monday. Could it just be a delay?
[cruiser] bryan1972 A rate? Gee, prepare low $.86 and if it is higher, great
[BigB] cruiser Did you listen to Dr. Todd yesterday? Good info. I'd be interested in your view on it.
[cruiser] BigB not sure.
[cruiser] BigB lot to swallow and to be honest, really do not worry about that.
[feda] cruiser I have always thought they got that number from the program rate ... being moved a few decimals... however they must remember the program rate is an artifiacial number not germain to actual value
[BigB] cruiser Dr. Todd mentioned a much higher rate.
feda] when it comes to rate .... I have always looked at their buddies... and figured they got to be somewhere around there. they do share wells and borders and stuff
[cruiser] feda Well yeah. Drop 3 zeros and their is the rate. Sounds simple. I do not think that will be the rate, because if that was the case, they would have done it already. Not really complex, the above solution.
[BigB] cruiser You are so focused. That we can rely on.
[cruiser] feda See I look at it this way. I have no control or input on it, so whatever it is it is.
[ConstantlyAbiding] Sometimes I wonder if we caught in the middle of a game of fiscal chicken... just waiting to see who is going to blink first before the world economic collapse.