Greenspan wins battle but loses war? - 500 Beiträge pro Seite

[peter.wedemeier1]

His propping of markets and dollar and suppresion of gold
ain`t going to fool many people with this obvious intervention
-manipulation this week,trying to change chart patterns by
aggresively intervening to herd people away from gold and
into U.S dollar and corrupt markets.

When is next trade deficeit figure out?

Whats usa debt by end of year and going forward?

How does durable goods look,consumer confidence,leading
to double dip and housing bubble next to go,will
be forced once more to lower rates.

What impact will this have on people buying into these
sucker rallies,holding u.s paper and gold.

I`d say he`s in trouble cause he and his cronies are the only ones
buying the markets and U.S $ and this blatant manipulation
of gold.

Lets assume double dip is on horizon dow 6000 or lower
is coming.

Lets assume trade deficets only get larger,no exports only
swelling imports.

How long until U.S$ collapses ,a fear they have, and gold
inverse relationship as other imports,aside from blatant
manipulation goes higher and cracks 350$U.S which
sends j.p and other shorters in despair,not to mention
their mountains of high tech insolvent loans coming.

Their backs are against the wall,that is obvious and they
know double dip is on the way.

If these banks were not so heavily short gold responsible as
they are we would be at 600 easily today,but self interest
and being so heavily into bad paper loans and u.s currency
reserves worldwide will cause them some major losses
and public will not be to happy.

The fed doesnt have 10 trillion dollars to bail out j.p but
they can provide some temporary relief and hope suckers
fall for it and get herded in the direction they try to set
by manipulating capital flows and charting trends etc....

I`M NOT FALLING FOR IT!!!!!!!!

[peter.wedemeier1]

U.S trade deficit at historic record levels so is their debt.

Gold priced in U.S currency,as U.S $ is forced to weaken
going forward gold has to move up aswell as other imports
which means inflation,

Greenspan has problems here, the U.S $ can and will only
move lower going forward but so has to inflation,
which means what raising rates and force a recession i think
not,

Lowering rates will be necessary to help get out of
double-dip probably in fall.Which should still lead to
lower dollar.

Either way you look at it it has to be lower dollar and
hence higher gold and other imports which mean inflation
for the U.S economy anyway,for japan its still deflation i
believe.

If not for those japanese intervening in the yen/dollar market
gold would be higher and so would the yen relative to U.s $

With U.S economy going into double dip,and record trade deficits
and record debt and war plans to invade and conquer iraq to
install a western afghanistan regime in place for fall etc.

WHAT IS HOLDING UP THE U.S CURRENCY,it continues to defy
gravity!

When U.S currency collapses 40% or whatever gold will
move 40%++

Middle east,india,pakistan has i think little to do with it.

The hedgers buying back positions and funds going long will
impact the market up and U.S $ weakening lower and crashing
in fall winter will finally move gold 350-400+ and japans
economic mess etc. should move it aswell i would think
where else can that capital hide in then?

[Sep]

faktisch allen crashs ging hohe Volatilität voran.


SEP

[niemandweiss]

@ Peter Wedem.

woher kommen diese Texte? Bitte Quellenangaben

gruss
niemandweiss

[peter.wedemeier1]

The arabs stop the flow of oil to the U.S specifically and
sell all their greenbacks for gold.

Hence oil skyrockets to 50$ and gold goes to 800$,but
to really do them in,they demand payment from U.S.A only
gold for payment of oil,or all oil payment in no fiat only
gold.

Greenspan will have a heart attack he hes no gold he lent it
to the bullion banks that sold it short at 250$,he cant bankrupt
them without cutting his own head off.

Now the arabs can dictate world foreign policy,other non
western U.S.A dictated nations will jump on board demanding
gold for payment of goods and not a fiat and all their debt
will be eliminated in the fiat.

U.S.A ,Japan others will get what they deserve ,all the criminals
of the world hiding behind the banners of human rights and
democracy will be wipped out and a new world order of gold
and not greenback will take shape,a more fairer,more democratic
,more compationate,and alot more justice in the world with real
concern of human rights of those concerned not just for
corparate and crminal interests of western engineering money
interests and all the injustice it brings.

[peter.wedemeier1]

Thumbs Down For Today’s Gladiatorial Investors

By Todd Alway & Brady Willett

Those who are in the markets for all the wrong reasons blame CEOs, accountants,
Wall Street analysts, and the economy for their misfortunes.

http://www.gold-eagle.com/editorials_02/willettalway082602.h…

[peter.wedemeier1]

Greenspans Remarks
Did anyone get the same impression of Greenspans remarks as me? I get the impression that he`s saying he don`t have a clue what is going and want`s someone to come up with a model that will explain it all to him.

Hey, Greenspan it`s all got to do with this thing called way too much easy credit. You know that stuff the destoryed all the
S & Ls?

[peter.wedemeier1]

Greenspan`s Mistake
Once again reading from the Economist - published out of Great Britain, it has repeatedly agreed that the Federal Reserve should have tightened policy sooner to let some of the air out of America`s economic Bubble. It made this case already since early 1998. Which won them few friends in America. It has been the biggest bubble burst ever with 7 trillion dollars gone, vanished and lost from investors. The Economist states that a sharp rise in share prices followed by a heavy amount of borrowing would lead to asset prices eventually collapsing creating severe problems for households and firms such as Japan discovered since early 90`s. It would have been better had the fed raised rates. Remember when Greenspan was portrayed as a cheerleader for the new economy??? Ironically he was the first to warn of a bubble in 1996 already and then later coming up with the phrase "Irational Exuberance" - Yet he failed to put America`s money policy where his mouth is. Greenspan reminds me of an Echard Phiffer - a man most people looked up to when times were good. A man at the top of the charts at the time. Only now or eventually he will be classified as a man who let the peole down and perhaps even betrayed them. This is a costly mistake and won`t just be a quick fix overnight. In the meantime I see Gold prices going up a bit. I continue to remain modest in my outlook for a rise. As there are some on here who I think are way out of line based on their outlook for gold prices I remain sceptical as to their rationale. So here`s hoping to a gold recovery on the way!

There were other ways
If Greenspan wanted to deflat the bubble he could have even without raising rates (raise margin requirements). He stated such himself but he didn`t want to. He didn`t care about asset inflation only the kind that shows up in the CPI which he knew how to control (which he also stated and did) leasing gold. Greenspan is a banker that`s what he cares about making money for banks plan and simple. The game has been fixed in favor of banks since 1913 (when the FED was created) and this game has been played in the past and will be played again and again. As long as banks have the power to create `money` out of nothing the game will go on.