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mfoste1 replied Jul 29, 2011when i say cash i mean cash in hand. USD, gold still safest assets when SHTF because theyre accepted literally everywhere in the world from mogadishu to montana
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mfoste1 replied Jul 29, 2011you think golds gonna go up forever? and the dollar will be pounded into infinity? cycles my friend, cycles..... gold, au, nu, chf, jpy all making alltime highs against dollar. so Anti-dollar hard asset, two highest yielding currencies, two lowest ...
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mfoste1 replied Jul 29, 2011sure, ill just buy those coins back a later time when the price is ripe
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mfoste1 replied Jul 29, 2011the people who think that default is the end of the world are just the sheeple who actually listen and believe MSM and politicians. these people are very foolish and most of them are uneducated. a large default would be the best thing that could ...
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mfoste1 replied Jul 29, 2011where else would you put your money? no where, you accumulate cash till the storm blows over.
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mfoste1 replied Jul 29, 2011you default on one card, there a good probability you will do the same on any others you have. When the credit runs out, you have nothing left but a bad credit rating and are forced to use cash. this is exactly what is happening in the US. no one is ...
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mfoste1 replied Jul 29, 2011uhh i think you mistook my post. I said QE will not happen unless persistent deflation state is present. I didnt say that there hasnt been any inflation, as you implied.
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mfoste1 replied Jul 29, 2011why would people buy more treasuries if they default. demand for treasuries will go down, and interest rates would spike. If you default on a credit card do they give you more credit?
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mfoste1 replied Jul 29, 2011not before brief deflation....the bar for more QE is set high. There will have to be a market crash before they start the presses again. But heres the kicker: marginal liquidity is having less and less effects(it only works in the SR) can you say ...
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mfoste1 replied Jul 29, 2011they have been pushing inflationary monetary practices hard. now,additional liquidity appears to be "neutral". All bond buying will cease on Aug 9, so then the junkie is off the smack. Interest rates will spike, undoubtedly either from a credit ...
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mfoste1 replied Jul 29, 2011im just strictly speaking of credit market. if US debt gets downgraded or defaults, people dont wanna hold bonds so they sell them and their interest rates go up. Demand for usd increases as a result. So any type of negative credit agenda for the US ...
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mfoste1 replied Jul 29, 2011getting good signals from daily on gold, aj, nj. When they start to go, sell-offs will gain momentum. SPY kissed 200dma and it doesnt look like it will hold. (actually breaking through again as i type) long term bulls will have sell stops just below ...
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mfoste1 replied Jul 28, 2011im long from LOTD, looking for some further upside too soon to tell yet....
Cesarnc's market talk, gossips, rumours & fun
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mfoste1 replied Jul 28, 2011debt based economies will always fail, history has proven this before and it will be proven again. When will humanity get the picture? This is a cruel, cruel world.
How did 'rich' economies get so in debt?
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mfoste1 replied Jul 27, 2011
lets party like its 1929! fwiw i covered all au and eu longs on my personal account today....a daily close below 43561 opens door belowEURUSD
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mfoste1 replied Jul 27, 2011these economies are not rich. its allll debt based wealth and growth based on inflation and debt. these types of economic societies all fold in on themselves in the end...its all one big ponzi scheme
How did 'rich' economies get so in debt?