Wednesday Night Chat with Fresh in PeopleInvested Chat
Additional Analysis from Fresh in PeopleInvested Chat Wednesday Night:
[Fresh] they are talking about how all the central banks are gearing up for some sort of QE3 or stimulus that provides a lot of CASH into the markets and central banks... this move is scheduled for ANY time this month.. IMO - it could be QE3 or an RV ...
“Last week’s OPEC production survey signalled continued over-supply, Russian crude oil production in August was the highest since the end of the Soviet Union , and Iraq has ramped up oil exports to the highest level in three decades, so there is plenty of oil in the market at the moment,” he said. Fritsch believes oil prices are building up “correction potential” in the event that the central banks do not live up to expectations."
[sisterbreen] Fresh hope rv
[clay] Fresh well to have a stimulus u need money and IMF is about broke
[Fresh] clay exactly - so I love how they throw this part in the middle of the whole discussion...
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[Fresh] “Iraq has ramped up oil exports to the highest level in three decades, so there is plenty of oil in the market at the moment,” he said. Fritsch believes oil prices are building up “correction potential” in the event that the central banks do not live up to expectations."
[clay] Fresh hmmmmmmmmmmm
[sisterbreen] Fresh i didnt like that part in the event that the central banks do not live up to expectations
[tjohnson1400] clay just got on how is everything looking
[Fresh] meaning if no action by central banks in the next few days, weeks at most... you will see a crash in the markets - causing gold silver and oil to sky rocket... it's basically built into the markets at this point... so if the money doesn't follow commodoties will go through the roof as uncertaintly builds and the markets tank
[Fresh] sisterbreen read above
[clay] Fresh but those markets can rig this in their favor
[tjohnson1400] clay so its not looking good??????
[Fresh] clay the markets are assuming $$$ is coming because it's run out and over bought on the currency side... so if the $$$ doesn't come we are going to see an ugly crash all over the world...
[clay] tjohnson1400 I trhink it is
[Fresh] which means it looks GREAT for something like an RV to come in and save the days...
[clay] Fresh yep
[clay] Fresh my acct already crashed
[Fresh] meaning other central banks, etc have already priced in the rv to their positions... they don't want to be on the wrong side of money moving when it happens essentially
[clay] I need a stimulus and fast
[moneymom] mine to, lower than low
[tjohnson1400] clay it is good or bad
[clay] Fresh u thinkin a basket
[Fresh] clay I mean the moves in general will be baskets of "winners" and "losers"
[dinarmamma] Fresh can you copy this chat put in forum
[Fresh] some with appreciate some will depreciate / devalue
[olsonjt] Maybe on the conspiracy side someone wants it to crash n then come in to save the day.
[clay] Fresh got ya
[olsonjt] Plz copy if u can.
[Fresh] olsonjt dinarmamma I grabbed most of it... will make it make sense in forums in a second
[Fresh] any questions?
[dinarmamma] Thanks Fresh!!!
[Red Skyy] Yea I have a question, Why didn't this RV on my birthday, today?????
[Fresh] Red Skyy Happy Birthday
[Fresh] Red Skyy The day is not over
[tjohnson1400] Fresh so do u think its bad or good
[dinarmamma] Fresh I think you are right about this!!
[Fresh] tjohnson1400 very good...
[Fresh] basically my argument is there's some sort of RV priced into the market... my only guess besides QE3 is Iraq...
[Fresh] I think they are out of bandaids at this point
[dinarmamma] Red skyy Happy birthday
[Red Skyy] Fresh Thanks for the PI shout out too
[Fresh] Red Skyy
[clay] Red Skyy Happy BD
[Red Skyy] clay clay clay
[dinarmamma] Fresh so where does that put the RATE?
[Fresh] dinarmamma anyone's guess... my gut is around a $1
[clay] my gut is 3+
[Fresh] other's I respect on our team may disagree and I'm good with that