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Thread: Stocks, Bonds and......

  1. #16
    Gold Member of one mine's Avatar
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    FYI New fed chair wont use quatative easing to support the false stocks see the news article it out there.

  2. #17
    Diamond Member Relayer's Avatar
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    Hello one of mine!

    I agree that there is Fed reluctance to change its present course, for now. I would have to say that when the time comes to start QE4, you will not hear from the Fed that it is a response to falling equities. Everyone except the Fed will be calling it QE4 as it has become embarrassingly obvious that QE1, 2, and 3 did not achieve their stated policy objectives. Janet even publicly stated the Fed does not know why they have not been able to create the inflation they desire. And in reality the 4 trillion they so called pumped into the economy never created any economic growth. We have been bottom bouncing since 2009. She stated she doesnt think there will ever be another crisis like 2008 in our lifetime! Remember, the Fed created 16 trillion dollars and handed it out secretly. https://www.sott.net/article/250592-...ecret-Bailouts.

    As far as the stock market goes, the plunge protection team would be in charge of propping up the stock market. However, I wouldnt place any bets on their success. Algo's and machines were in control on the way up, they will control the way down.

    The politicians have no fear of debt. Keep your eye closely on the dollar index. It is a sick puppy. Even with higher rates supporting it and all the bluster about a stronger economy, it goes down. Before the chaos of last week the dollar had broken a major support level (89-91). The next major level of support is at 80! As over sold as it was, there was a very limited move up with last weeks chaos and even that has failed to hold up. It was down about .20 yesterday and this morning it is already down
    .50. Thus gold and silver are in rally mode again.

    The US has reached maximum debt saturation. Over 2 trillion in additional debt so they suspended the debt ceiling for 2 years!! Just think how the debt level with soar even more if the economy tanks. Confidence in the dollar just took a big hit. More debt = lower$. The dollar has been going straight down since Jan of 2017 and there is no end in sight. And then you have the petro yuan kicking off in March.

    dx.jpg
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

  3. #18
    Gold Member Unca Walt's Avatar
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    Eek










    eek

  4. #19
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    Good to see you posting Relayer.
    Bitter Clinger, Deplorable & Proud of it.

  5. #20
    Diamond Member Relayer's Avatar
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    Good morning Big Jim! How have you been? Nice to see there are still a couple of the old crowd still hanging loose here! Are you ready for the next big move in gold and silver? Its a real guessing game as to whether the banksters will lose control or will it come in a calculated reset. One way or another its coming!
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

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  7. #21
    Diamond Member Relayer's Avatar
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    Another failed rally in the dollar! Get your waders out folks. We are going to be knee deep in worthless dollars! Last support level before 80 at 88.60.

    After several years of togetherness, the bond market and the stock market are parting ways.
    Bond prices are crashing (rates are on fire). The 10 year is at 2.911 and the 30 year is at 3.174.
    The stock market is in a slight stall at 24800 resistance after a straight up 150 point move.

    Update: 2500+ on deck!
    Last edited by Relayer; 02-14-2018 at 04:36 PM.
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

  8. #22
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    Remember the PM prices when the $ was in the low 70's.
    Bitter Clinger, Deplorable & Proud of it.

  9. #23
    Diamond Member Relayer's Avatar
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    Oh yeah, Gold hit $1000 when the $ bottomed at 72 in 2008. Then it went straight down to $700 as the dollar rose to 88 at the end of 2008. Then the dollar went straight back up to 88 into the first half of 2009, yet gold only dropped to $900! That was when I made my first purchase!

    Look at what we have now. The dollar at 89 and gold at $1350!! Assuming the banksters dont affect a reset first, Gold will be way over $2000 when the dollar hits 72 again! Thats my prediction!!
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

  10. #24
    Gold Member Unca Walt's Avatar
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    I really do not want that.

    I'd like the hucksters to put enough smoke and mirrors out there to hold just about where we are.

    It is WAY too easy to do a Zimbabwe with the USD.

  11. #25
    Diamond Member Relayer's Avatar
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    Look at what they are doing with silver...again! Down 30 cents for no reason other than manipulation. The dollar is down again this morning, Gold was up $6.00. The banksters have done this time and time again. No way do I want status quo. I want the banksters out of business and a fair market value for my pm's!!

    In a hyperinflation gold and silver will be about the only things that doesnt have their value destroyed!
    Last edited by Relayer; 02-15-2018 at 12:13 PM.
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

  12. #26
    Diamond Member Relayer's Avatar
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    Well, it looks like 25000-25200 wasnt much of a problem. The DJIA did close right at the top of the resistance level. Unless there is some news to slow the train down, the DJIA could go right up to 26000. There is minor resistance level at 25400. Tomorrow's open could determine how high how fast.

    Today was not good for the dollar (what else is new!) and this evening is more of the same. This is one ugly chart. Rallied right up to resistance and collapsed! What is in store for tomorrow?

    DXY 88.43 ▼−0.22 — Unnamed — TradingView.jpg

    China isn't the only one to drop holdings of US Treasuries http://www.forexlive.com/news/!/chin...uries-20180118

    And here is Reuters putting a positive spin on the same information.....
    Foreigners buy long-term U.S. assets for 5th straight month in Nov. -Treasury https://www.reuters.com/article/usa-...-idUSL1N1PC221

    Reuters Staff NEW YORK, Jan 17 (Reuters) - Foreigners bought long-term U.S. securities for a fifth consecutive month in November, data from the U.S. Treasury Department showed on Wednesday.

    Offshore investors purchased $57.5 billion in long-term U.S assets after buying $26.2 billion in October. Including shorter-dated securities, overseas investors amassed $33.8 billion in November after buying $152.9 billion the month before. (Relayer: isnt that a rather large drop of $119 billion?!
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

  13. #27
    Diamond Member Relayer's Avatar
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    Is The Fed Back To ?Quantitative Easing??

    February 15, 2018Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. EconomyFOMC, quantitative tightening, SOMA account, stock bubble
    The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is ?high powered? money, meaning it can be leveraged 10x (banks need to hold 10% in reserves against ?high powered? money. $11 billion is $110 billion of leverage for the banks to use for activities such as propping up the stock market.

    This certainly explains why there appears to be another ?V? recovery in the stock market after a near-10% drawdown in the Dow and the SPX. This is very similar to the 10% market plunges in August 2015 and January 2016, both of which were followed with highly unusual ?V? recoveries.
    This is also likely the catalyst that powered gold?s $41 rise since February 9th.
    Clearly the Federal Reserve ? not withstanding the fecal odor that emanates from Fed officials? mouths when they speak ? has an implicit monetary policy that targets the stock prices.
    Furthermore, the Fed must be getting worried about the housing market. Removing $11 billion in mortgage securities from the banking system and replacing those securities with cash was likely a move targeting the rate spread between conventional mortgages and the 10-yr Treasury. Mortgage purchase applications plunged 6% last week. This was without question in response to mortgage rates pushed meaningfully higher by the rising 10yr Treasury yield and the widening of spreads associated with higher volatility in the markets.
    I remain highly skeptical that the Fed will actually follow-through with its stated plan to raise monthly its balance sheet reduction to $30 billion this year. In fact, the Fed has yet to disclose a definitive schedule for said balance sheet reduction. I?m taking wagers that we do not see this occur.
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

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  15. #28
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    Quote Originally Posted by Relayer View Post
    Well, it looks like 25000-25200 wasnt much of a problem. The DJIA did close right at the top of the resistance level. Unless there is some news to slow the train down, the DJIA could go right up to 26000. There is minor resistance level at 25400. Tomorrow's open could determine how high how fast.

    Today was not good for the dollar (what else is new!) and this evening is more of the same. This is one ugly chart. Rallied right up to resistance and collapsed! What is in store for tomorrow?

    DXY 88.43 ▼−0.22 — Unnamed — TradingView.jpg

    China isn't the only one to drop holdings of US Treasuries http://www.forexlive.com/news/!/chin...uries-20180118

    And here is Reuters putting a positive spin on the same information.....
    Foreigners buy long-term U.S. assets for 5th straight month in Nov. -Treasury https://www.reuters.com/article/usa-...-idUSL1N1PC221

    Reuters Staff NEW YORK, Jan 17 (Reuters) - Foreigners bought long-term U.S. securities for a fifth consecutive month in November, data from the U.S. Treasury Department showed on Wednesday.

    Offshore investors purchased $57.5 billion in long-term U.S assets after buying $26.2 billion in October. Including shorter-dated securities, overseas investors amassed $33.8 billion in November after buying $152.9 billion the month before. (Relayer: isnt that a rather large drop of $119 billion?!
    Thank you for the great charts and input, I've been really busy the past couple years working more hours means less time to follow markets and events. I still try to check in from time to time on these boards.

  16. #29
    Diamond Member Relayer's Avatar
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    Your welcome Tribal Warrior!

    The 10year bond (Rates) is on another rip tonight. +.026%. The 30 year not so much +.014%. Of course this is giving a little boost to the dollar and knocking gold and silver down. Unfortunately options and futures expiration are approaching so don't be surprised if gold and silver get slammed.
    Last edited by Relayer; 02-19-2018 at 10:14 PM.
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

  17. #30
    Diamond Member Relayer's Avatar
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    So Friday the DJIA reversed right at 25400 and gave up all its gain for the day. This morning finds the DJIA opening up straight down 200 points before staging a weak rally. Losses mount as higher bond yields raise recessionary fears. If 25000 does not provide support then a move down too 24600-24500 looks like a lock...and I suspect that is what will happen.

    The dollar was strong over night but hasn't made much progress this morning with three failed attempts to stay above 89.70 (a previous resistance level). Its had a good run from 88.35 and appears to be topping out. A possible key to the dollars next move might be the yen (107.27). Its been in a downtrend from 113 and 109 was a major support level which failed. Its attempting to rally with minor very short term resistance at 107.65-108.05 and of course above that 109 which is now a major resistance level.

    Gold and silver hammered.....a bit sooner than I thought.
    Update: Oh of course.....there is an FOMC meeting this week!
    Last edited by Relayer; 02-20-2018 at 04:16 PM.
    If the Tenth Amendment were still taken seriously, most of the federal government's present activities would not exist. That's why no one in Washington ever mentions it. – Thomas E. Woods, Jr.

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