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Fed Will Implement QE4 in Early 2016: Rickards

December 19, 2014

 

 

Discussion
57 Comments
    Dec 19, 2014 19:19 AM

    If the dollar rises and breaks out for 2015, what a world of hurt and major recession the us will be in. It will trump previous one. Deflation at it finest.

      Dec 19, 2014 19:46 AM

      I seriously doubt the dollar will break out further. There is a mountain of money to be made squeezing the longs and I feel it is about to be taken. Got to keep the world on its toes you know!

        Dec 19, 2014 19:29 PM

        You could be right..

    Dec 19, 2014 19:19 AM

    If the dollar rises and breaks out for 2015, what a world of hurt and major recession the us will be in. It will trump previous one. Deflation at it finest.

    double ditto………………………..

    Dec 19, 2014 19:23 AM

    Not sure why im getting double and now quadruple post lol.

    the bankers have to have more QE…….with jpm having $100 trillion in derivative

      this is only the exposure of jpm………

      Dec 19, 2014 19:30 AM

      And almost as much in fines…

        Dec 19, 2014 19:47 AM

        haha, it is one way to recycle FED money into government. Increase the fine 10 times we get a good QE.

          Dec 19, 2014 19:49 AM

          These thieves deserve to be hung upside down and shaken to get every dime out of their pockets that they have stolen out of Joe six-packs pockets.

            Dec 19, 2014 19:03 AM

            I thought it was what German did after Weimar except they over did it.

            Dec 19, 2014 19:15 AM

            My main complaint is the bonuses paid after the bailouts; that was unethical equal to a B&E on your house.

    Dec 19, 2014 19:27 AM

    Rickards is a smoke screen. QE is over for good.

      one never knows…………………you could be correct……….

      Dec 19, 2014 19:33 AM

      I personally think qe can come tomorrow or within the next month or so.

        when someone is broke………..what difference does it make how broke they are….., the govt .is broke………..and with 3x debt to tax revenue…………the game will continue………………………….jmho

      Tom
      Dec 19, 2014 19:41 AM

      This is Jim Rickards world buddy!!……we’re just living in it!

      Dec 19, 2014 19:53 AM

      QE, in any form, if one essential component of financial repression. Without it, FR cannot continue. Government can rely only on tax to reduce the debt. Revolution is ensured. Qe is absolutely necessary. But they may not call it QE. Without it the massive expansion of money supply is impossible and therefore debt will increase in relationship to asset. It particularly important to finance the debt in various level. The interest rate must be held low. It is currently achieved by sky high derivative many times of GDP, called interest rate swap. Without supply of fresh money the derivative will break and all banking system will be wiped out many times. It is nuclear in financial market. This is the time of reverse pyramid.

        Lawrence………………I agree with you on many point………..the best one is……….”they may not call it QE”………………………….j………

    Dec 19, 2014 19:31 AM

    Good interview. Jim is a bit alarmist, but I agree with most of his conclusions…almost every time I hear him speak. Sharp dude.

    Dec 19, 2014 19:36 AM

    It is important to see other’s strategy. I saw an article translated from Russian investment site by Chinese, which makes sense. If I am leader of these two countries this is what I will do. It called using opponent strategy to defeat his strategy. Gold price suppression is at the core of US dollar hegemony. Breaking this will break the dollar dominance. It is a matter of time not if. I have been wondering for a long time why they don’t do it. It is obviously going on, it is slow enough not force US to change its policy. This explains the fact why US export so much gold and refuse to return custodian gold because every ounce has its use.

    http://bbs.wenxuecity.com/finance/3569523.html

      Dec 19, 2014 19:39 AM

      Correction, not translated by Chinese but reposted by Chinese.

    Dec 19, 2014 19:52 AM

    Primero Mining has seen a lot of dip-buyers this week.
    http://stockcharts.com/h-sc/ui?s=P.TO&p=W&yr=5&mn=3&dy=0&id=p26789977966&a=368626684

    Dec 19, 2014 19:54 AM

    If the miners can as well as they did yesterday with the conventional markets also doing extremely well, just imagine how well they’re going to do when the S&P/DOW have topped.

    Dec 19, 2014 19:55 AM

    It’s a Festivus miracle. I knew the Fed wouldn’t hang us out to dry. Buy, buy, buy.

    Tom
    Dec 19, 2014 19:58 AM

    I see yesterday CNBC started calling the fall in oil with the rise in stocks as “good deflation.”

    LOL!

      Dec 19, 2014 19:04 AM

      Modern economists are just a bunch of liars and opportunists. I really think they are trash only to serve the purpose of elites. I may be harsh and generalizing but I do want to throw up when I hear a lot of them talking. No common sense and integrity.

        A BIG DITTO…………..most are educated by the govt backed system……….

          Dec 19, 2014 19:36 AM

          Right. But this has to change. Otherwise the system will lose control. Now black is white and white is black. If economic theory is right, it should work for every family as well. However, if you do apply these theories to your own finance, you will come to bankruptcy quickly. It does not work. The best description is a Ponzi scheme. As asociety, the Ponzi scheme can go on for long time but it eventually will break and consequence is severe. People lose their lives. I always remember I was educated (brain washed) with Marxism. It makes no sense and against human nature. But it sounded so nice and everyone bought into it. China suffered with millions of lives lost and USSR paid the ultimate price, they lost their country. I like the traditional American system, be brave and self reliant.

    Dec 19, 2014 19:10 AM

    Ditto
    Everyone on main stream news ( including financial news ) are showing the shiny ball and hiding the real ball. All to keep the masses confused.
    ( they’ve done a good job )

    Dec 19, 2014 19:25 AM

    It’s all madness, you can’t raise rates the economy will crash, and you can’t keep printing money because the debt will crash the economy, but if the markets start to falter you must bring back money printing, it’s all pointless there is no solution, now it is just a waiting game for the shot that will be heard around the World. CRASH!!!!!!!!!

      Dec 19, 2014 19:37 AM

      I forgot one thing if you bring in negative interest rates the welfare system which is already busting apart at the seems with people on food banks and various programs will be taxed even further with additional millions added to the welfare rolls, more money printing will be needed to finance the increase in welfare. Where’s the out, is that a bread line or a bank run.

        Dec 19, 2014 19:38 AM

        DT, you worry too much. We’re lucky up here in Canada. Remember, we have Harper as Prime Minister, an economist………………..

          Dec 19, 2014 19:41 AM

          We only have one thing to worry about, that pothead Trudeau. Other than that, smooth sailing.

            Dec 19, 2014 19:12 AM

            DT, I don’t think Canada’s economy is great, but our politicians seen to think it is. As for 2015, if oil continues to chug along over here at the bottom, it has the possibility of bursting a few bubbles, the grand-daddy of them all being housing. I can’t speak for the rest of Canada, but here in Montreal people have that desperation look on their faces. Lots of job losses, too much debt, and jobs that offer pitiful wages, if you manage to find one. The only business booming is Big Pharma. The amount of people on anti-depressants and anxiety pills is mind-boggling. The people are ready to crack under the pressure.

            Dec 19, 2014 19:13 AM

            DT, I meant don’t insult the beaver by lumping him together with Harper. The beaver is a productive member of society. I can’t say that for Harper.

            Dec 19, 2014 19:35 AM

            Okay Chris, I gotcha, thanks for the clarification.

          Dec 19, 2014 19:42 AM

          Chris, I know what you said is tongue in cheek, I only wish.

            Dec 19, 2014 19:46 AM

            Chris,I watched Harper’s Christmas message on TV last night and I couldn’t help thinking how much he looks like our national symbol, “The Beaver”. “Leave it to Beaver”.

            Dec 19, 2014 19:48 AM

            One thing I will tell you is in 2015 we will get to see how “great” Canada’s economy is.
            Hey, don’t insult the beaver.

            Dec 19, 2014 19:55 AM

            Get rid of, or reduce, socialism, we will have a good economy.

            Dec 19, 2014 19:58 AM

            A lot of problem is self inflicted. It is strange to rely on one market for our energy, which does not even want our oil.

            Dec 19, 2014 19:03 AM

            Chris, if you think Canada’s economy is so “great” as you put it will you elaborate on your predictions for 2015.

            Dec 19, 2014 19:08 AM

            It’s funny Chris how it is okay for you to call Trudeau a pothead but if I say Harper looks like our national symbol that’s construed as an insult.

            Dec 19, 2014 19:10 AM

            KNAWS!

          Dec 19, 2014 19:43 AM

          Chris, I think he is political “science” graduate. Not sure how much modern economy he knows, which might be a good thing.

            Dec 19, 2014 19:46 AM

            Wiki: “He took up post-secondary studies again at the University of Calgary, where he completed a bachelor’s degree in economics. He later returned there to earn a master’s degree in economics, completed in 1993”

            Dec 19, 2014 19:50 AM

            He’s not a lawyer, yeah!

            Dec 19, 2014 19:01 AM

            Oh, thanks. I went to same school with him but I am certain he was in political science. Someone changed the history?

            LET’s CHECK HIM OUT…..Jim R….that is…………thanks Lawrence….it is truly a small world………………………………………………………..j