williamB] so a QE3 was announced
movielife] OK so now that QE3 has occured where does that leave us with our RV?
[crossways] This explains the QE3 thoroughly. Easy to understand. :) http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/13/qe3-what-is-quantitative-easing-and-will-it-help-the-economy/
Jetpack] Question is will QE3 bring RV or not??? Hmmmmmmmmm
[jetpack] Next 24hrs should be interesting in Dinarland
[moonchild] ok, so there is QE3, the USDX is down to 79.50.....where are the RVs?
[barb] WCW whats shakin
[WCW] barb qe3 passed and we are on stand by for rv
[dwg14] WCW thanks... are we hoping for today or "soon"
WCW] dwg14 any time i think today but could be tomorrow
[WCW] I think that they will move fast i hope and praying
[justaguy] It's funny if I print money to get out of debt it's forgery, If the government does it it's easing. Riddle me that Batman
Read More Link on Right
[timo] ...I'm watching CNN right now...They are saying 40 bn a month to the banks...HUH ???...If hey want to stimulate the economy maybe they should think of putting people back to work
[timo] There's a whack of bankers drinking champaigne right now methinks
Capt Ron] timo my guess is that the goal of the Fed is short term: to quickly increase liquidity in the voting marketplace.
[okrocks] Fed Pulls Trigger, to Buy Mortgages in Effort to Lower Rates .The Federal Reserve fulfilled expectations of more stimulus for the faltering economy, taking aim now at driving down mortgage rates.
[R&R] kabby1956 "printing money" is a loose definition of the Fed's injecting of more USD into the economy (i.e., QE3) buy purchasing mortgage backed securities, Treasury securities, and continuing operation TWIST. All of these types of programs add more dollars to the economy (just like actually printing money would), which further devalues the dollar and allows commodities to rise....which is exactly what is happening as we speak
[badgerbill] somethings gotta give Banks Happy....Wallstreet Happy.....Markets soaring....Little guys get ZIP...Nothing....Banks will not lend to small business unless biz. is willing to make significant deposit,,,,in the End we Dinar holders will be the BIG WINNERS!!!!!
[captaincaveman ] Expecting news from Iraq today. Quiet so far. Parliament hosting Maliki on Saturday. Maliki meeting UN on Monday. Something more than oil is coming thru the pipeline
[captaincaveman ] Hoping to see ministers announced today or hcl
captaincaveman ] KKurds will shutdown their pipeline if not paid by Saturday
[medusa1130 ] But Iraq has no money to pay the Kurds. Let alone Chevron, Exxon, and Shell by Oct 3rd
shellbell] Medusa1130- thanks for stating that. Something is on the verge...no doubt.
Capt Ron] what a coincidence though. here we have a mortgage shoring up program released just six weeks before the elections. coincidence? nahhhh couldn't be.
[maranatha] this could be an election ploy to encourage benefited mortgage holders to vote for the current administration
Ribeye] if enough fleas are on a dog, he will scratch himself to death. we are fleas and the PTB are the dog.
[heartfelt] In my opinion all this news is just planned/staged to some degree for a cover up for what is to come to help save the global world economies because of some corrupted individuals at the risk of many innocent people. Pray for the families of those innocent lives that are lost.
heartfelt] What really bothers me is the fact they are putting WAY too much information out in the news good/bad. We can read thru it all. For them not wanting us to know about the timing seems they are doing 1 of 2 things: 1) still misinformation to get us thru the EOM or EOY, good for dealers and frustrates holders 2) they don't really care what is leaked out because at this point we are just a small piece of the globe. If this is the case then why all the misinformation all these months if it doesn't matter at the very end? hmmmm Do we still have more time to wait? IMO sure doesn't look like it but they have painted rosey pictures before.
[heartfelt] I'm still praying for Sat/Sunday!
heartfelt] I think there is possibly many things being done that we just don't see. We seem to think only on Iraqs level but with this being a global issue I am certain there are talks being done all over the world that we are just not aware of that are needed to unite countries gain. Just like the link I brought in from the bbc article this morning. There is much unity amongst world leaders in order to make this global merging alignment successful, unlike what has happened with our leader that turns his back.
[bailey2..] UPDATE: QE3 has been announced! So what does this mean? Well, the Federal Reserve has now released its statement and the central bank actually did two things to try and improve QE3. First, the Fed will keep short-term interest rates low until mid-2015. Second, the central bank will buy up $85 billion worth of assets each month between now and the end of the year. But, unlike QE1 or QE2, this new round of purchases will be more open-ended. That’s an important change. Here’s the key bit from the Fed statement:
[bailey2..] If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved
[bailey2..] The purchases will continue until morale improves. What’s more, the Fed noted that it will continue its policy of easy money “for a considerable time after the economic recovery strengthens.” In essence, Ben Bernanke is now taking Michael Woodford’s advice—or at least part of it. (Note that the Fed didn’t set an explicit target for the economy, it left that vague.) The Fed’s not just buying up a fixed quantity of assets and hoping that the economy lurches forward. It’s saying that it will keep buying up assets and won’t stop until things look better. Now we’ll see if that actually shifts expectations and bolsters growth.
[sananddan24] WCW what do you think Bernanke will say at 2 pm?
WCW] sananddan24 we wait but it s going to be a good day in dinar land
[jack1977] WCW can u please tell me if qe3 good for this rv,,,, me clueless
[WCW] jack1977 yes it is a cover up (IMO)
go-go-rv] Does anyone know what happens next now that the Feds announced the QE3?
WCW] go-go-rv rv is coming
[go-go-rv] feda WCW you sure? Does it mean a def RV
[sananddan24] Feda the had the CEO of Wells Fargo on earlier he was very happy with the announcement
[3than] so the qe3 was passed for the usa? so we can print more money that means nothing again.....
[3than] honestly people this just seems like a typical thursday in dinar world..... its coming to the end of the week and we have been told week after week that it will be at the end of this week so when it finally comes along we all start looking for the smallest bit of news that could maybe possibly
[ready4riches] 3than could be a cover for the rv. we are waiting to see
[SGD3] 3than I don't think announcing QE3 is a little bit of news
[tc0043] 3than How else would you explain to your citizens about the new flow of money into the economy? That flow of money will come largely from us after the currency exchange and we start blessing other people who weren`t investors.
[sananddan24] Tc0043 you are on target!
[3than] you know why they have a 3 on the end of it? because its the 3rd time for us to do this, im not saying it couldnt be tied to the rv and i really hope it is!!! please dont bash me im just trying to keep everyone at a level plain lets all just wait pray and see what happens lets not get in a fuss we are all in this together....
[captaincaveman ] 3than I'm with ya
[3than] and it could just be obama doing it to make him look better as this election comes up....
[feda] 3than i don't think they do the exact same thing... they implement it differently and if the economy improves..... the pres will not be able to take credit it will have been qe3 and other stuff they included
[feda] wow ...... that was kind of smart.... they are trying to take the credit and place it somewhere else hmmmmmmmm