Sequester hits the Dow

[Anonymous]

Anonymous wrote:

Anonymous wrote:The reason the Dow is even close to where it was 6 years ago is money printing and artificial low rates. There is nowhere else to put money. When rates rise everything will collapse. Bonds/ stocks and the gov can't afford the interest. Money printing is here to stay until the dollar collapses.

Can you point to any articles discussing "money printing" in the last couple of years?

Note: I'm not suggesting that there has or hasn't been money printing, by which I assume you mean the Fed or whoever is responsible authorizing new currency. I really don't know one way or the other and I'm genuinely interested to learn about this subject.

NP. If you want info on this, I would poke around for articles on "quantitative easing". As I understand it, basically the fed gives money to big banks at a nominal cost hoping those banks will then spread the money around the economy. (I expect that description would give an economist a heart attack.)

[Anonymous]

^^^ bs. The fed prints money... Gives it to banks at 0 percent so the banks will buy bonds and finance our trillion per year deficit. Why doesn't the fed just print money and pay our bills you ask? Because then it would be obvious that money itself has been compromised.

[Anonymous]

Dow's 7-day winning streak is longest in nearly a year

http://www.marketwatch.com/story/us-stock-indexes-in-mild-retreat-2013-03-11?dist=afterbell

The sequester stock market devastation just gets worse and worse as each day goes by.

[Anonymous]

I have a friend in CT who's a very adept money manager. He told me last year this would happen and said don't be fooled by it. He hasn't bee wrong yet.

Would be stupid to be short-sighted. Printing money and pumping it into the market is just that.

[Anonymous]

Anonymous wrote:^^^ bs. The fed prints money... Gives it to banks at 0 percent so the banks will buy bonds and finance our trillion per year deficit. Why doesn't the fed just print money and pay our bills you ask? Because then it would be obvious that money itself has been compromised.

You keep saying the same things over and over. Maybe you should actually bring information to persuade people. Your daily diatribe isn't converting people here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:^^^ bs. The fed prints money... Gives it to banks at 0 percent so the banks will buy bonds and finance our trillion per year deficit. Why doesn't the fed just print money and pay our bills you ask? Because then it would be obvious that money itself has been compromised.

You keep saying the same things over and over. Maybe you should actually bring information to persuade people. Your daily diatribe isn't converting people here.

I wasn't the poster you are referring to. We are two different people with the same message.

[Anonymous]

Enjoy:

http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/April-2012/When-The-Fed-Prints-Money,-What-Impact-Does-It-Hav.aspx

[Anonymous]

Anonymous wrote:Enjoy:

http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/April-2012/When-The-Fed-Prints-Money,-What-Impact-Does-It-Hav.aspx

The money supply is 14 Trillion. I think we would need to start seeing inflation before this becomes really problematic. Even the article admits that this is the risk, but inflation has been pretty low.

[Anonymous]

Right now...

[Anonymous]

Anonymous wrote:I have a friend in CT who's a very adept money manager. He told me last year this would happen and said don't be fooled by it. He hasn't bee wrong yet.

Would be stupid to be short-sighted. Printing money and pumping it into the market is just that.

So what is his advice?

[Anonymous]

My advice is this.

Take care of your body and health
Pray
Buy about 100k of physical gold
Own a shotgun / 9 mm glock or both with plenty of ammo.
Have a place to go away from crowds.

Once you have done that relax and invest normally.

[Anonymous]

Anonymous wrote:Right now...

We should see at least a hint of it before panicking.

[Anonymous]

^^^^ gas , groceries and commodities are up 7% a year. That's highly inflationary halving the dollar in 10 years.

[Anonymous]

Anonymous wrote:^^^^ gas , groceries and commodities are up 7% a year. That's highly inflationary halving the dollar in 10 years.

or we could actually look at the data: http://www.bls.gov/cpi/

Not as dire a picture as you suggested.

[Anonymous]

S&P 500, Dow close strong quarter at record highs
http://www.marketwatch.com/story/us-stocks-stall-just-below-sp-500-record-2013-03-28