Crisis Often Times Brings Opportunity
Click download link to listen on this device: Download Show
James,
I agree completely. Enough talk, take constructive action!
Big Al
if they do its probably the last chance to do something that works before the bonds just fall apart- Benny is trying to save this decision until HE ABSOLUTELY MUST USE IT OR LESS WE HAVE A GLOBAL CRASH –TRADERROG
Sophie’s Choice!
Doing the exact same thing. Some of these companies are so cheap, there isn’t a whole lot to lose. I have never seen anything like this. Maybe RCA in 1929.
I agree with you, Jed!
Big Al
HI AL…….RICK, say’s the Banks have plenty of cash to lend out, but nobody wants to borrow . Well if they want to come to me , i will take as much as they want to give me , which i will then use to buy, real money G. & S.to share among my family & friends, & when they come back to collect, i will show them my middle didget….Tongue in cheek.
Middle digit, Mr. Irish?
Please explain!
How are the games?
Big Al
Big Al,
“Flippin the birdie’…..:)
Irish……..you wouldn’t – would you? ha!
JERRY…………….OH YES.
AL …i would rip them off………..lets face it , they have been doing it to us for a very long time……Whats the old saying, if you cant beat them , join them.
IRISH….becareful, when you use the terminology of the “middle didget”,,,,you might offend someone who has been harmed in a shop accident…..and would thus feel left out, because they can not participate in this certain action….
What a podiatric-insenstive comment. I could show you my middle toe!
JOHN………FUUUNNNNNY. I like.
Stop and think about it, In the Box, maybe some of us have artificial extremities.
Big Al
Did you guys not know of this centuries old act of war?
Before the Battle of Agincourt in 1415, the French, anticipating victory over the English, proposed to cut off the middle finger of all captured English soldiers. Without the middle finger it would be impossible to draw the renowned English longbow and therefore [soldiers would] be incapable of fighting in the future. This famous weapon was made of the native English yew tree, and the act of drawing the longbow was known as “plucking the yew.” Much to the bewilderment of the French, the English won a major upset and began mocking the French by waving their middle fingers at the defeated French, saying, “See, we can still pluck yew!”
NOW THAT IS GREAT…….thanks for the history …..Missive….
I don’t think the FED is going to do any QE tomorrow. They may very well just extend the low interest rates and continuing the SWAP program, but to do another QE here would be terminal. The economy stinks but according to all recent data (which is manipulated), it is still growing, albeit at an extremely low pace. The past two QEs have not had the effect that the FED has desired. I don’t think another QE announcement would be good for Mr. O either. The markets are discounting mechanisms, so as someone posted earlier, the QE idea has already been priced in, so the market would probably go up another 10% (if that) and then finally succumb to the weight of true fundamentals. Why announce QE when the markets may really need it later? I just don’t think it will happen tomorrow. Just my eight cents worth (used to be two cents but adjusted for inflation and Obama Care I had to raise it 😉 )
Pluck Yew,I love it.
For those thinking that this cannot get any worse,I am afraid 2008/2009 was much,much worse for me,personally.You think it does not get worse and lo and behold you wish you had a Yew to plucck with banksters all a lined up.
The Fed does not need to announce anything.It is pretty obvious after 100 years where the direction of the Fed note is going.I mean,come on.
QE is the only game in town.Announcement of currency dissolution comes after the fact.
“{PLUCK YEW”…..IRISH SHOULD HAVE KNOWN THIS FROM HIS HISTORY LESSON….
come on Irish, get in the game……, now you will not need to use all those symbols…
when talking to Al and the crowd.
The FED stated they will act either in August or September. All markets are pricing tihs in. If they do not act tomorrow or commit to September markets will tank. If they commit to September they might as well act now, since they are commited already regardless of economic data between now and then. Ditto Europe. Enough talk already!