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The printing has started.

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The printing has started.

Post by Dirtbikepilot on Wed Jun 06, 2012 10:19 pm

Well just flicked on the telly to hear that silly Kochie(?) gushing over the fact that
the printing presses are to be turned on in Europe and I think US and they are
going to hose the economy with as much money as they need to to get the
economies pumping. He thought that a was a great idea and all
excited over it.

Markets all up heavily in US and Europe as a result.
Gold and Silver fall. Will they ever have their day in the sun?
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Re: The printing has started.

Post by Apocalypse prettysoon on Wed Jun 06, 2012 10:22 pm

I thought expanding the money supply was good for gold prices
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Re: The printing has started.

Post by Dirtbikepilot on Wed Jun 06, 2012 10:33 pm

Apocalypse prettysoon wrote:I thought expanding the money supply was good for gold prices

So did I, but I suppose it also bolsters markets in the short term as it gives a false hope and people jump back in and start
taking some risks again??? I don't know. It is different every bloody time and they just pull reasons out of their asses.
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US stocks jump on ECB comments, ahead of Bernanke's Congress address

Post by Dirtbikepilot on Wed Jun 06, 2012 10:34 pm

US stocks posted their biggest percentage gains of the year
overnight as investors read remarks by central bankers in Europe and the
US as a signal that more monetary stimulus may be on the way.


The Dow Jones Industrial Average jumped 286.84 points, or 2.4
per cent, to 12,414.79, and the euro rose 1 per cent to trade well above
$US1.25. The Dow's gain comes one day after the blue-chip index snapped
a four-day losing streak, putting it back in positive territory for the
year. The benchmark hadn't seen back-to-back gains since late April.
Bank of America climbed 7.6 per cent, its best performance since
January, while United Technologies jumped 3.9 per cent.
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Re: The printing has started.

Post by Dirtbikepilot on Wed Jun 06, 2012 11:12 pm

Well i found a few things in relation to the printing but nothing as dramatic as spraying the economy with as much money as it needed.

I suppose when the printing starts you have people react differently. Some see it as a devaluation of their currency so
head for the PM's. Others see it as a boost and fix for an ailing economy and market. These 2 groups will obviously
respond differently so I guess that is why we saw a rise in both stocks and PM's. Mind you PM's have slid a little over the
past few hours.

Sounds like it will be a good day for the shares. I think this may be the start of the last big rally for stocks, then we will see
gold and silver shine. Go hard shares, I will be pulling out after this rise so the bigger the better..
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Re: The printing has started.

Post by fukushima on Wed Jun 06, 2012 11:25 pm

Gold and the stock market are antagonists. The extra cash is good for the stock market short term. Just be patient for the endgame.

I'm predicting that it will happen in early 2014, probably May 7, or maybe the 9th.

Gold will be $2457.76/oz, but will rise dramatically to 4123.34 within six months.
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Re: The printing has started.

Post by Apocalypse prettysoon on Wed Jun 06, 2012 11:34 pm

You're not predicting MAy 2014. I am. I have that on record at silvercartelstackers ages ago. Which you mustve read and subconciously realised I'm always right and then told yourself it was your idea.

Or maybe its a coincidence. I'd like you to explain your reasons

Anyhow Ive chosen May 2014 for a very obtuse reason. The jesuits in correspondence on their portal (they have their own interjesuit communication network which I used to watch closely) kept referring to may 2014 without explaining why. It stuck out like dogs balls to my finely tuned bullshit antannae.
They have something planned for that time. Most likely the financial meltdown, but who knows.

Its also 18 months after the expected endoworld scenario of december 2012.
They like to use the boy who cries wolf ruse to disarm us.
The one that springs to mind is the Y2K endoftheworld scenario in 2000, which didnt eventuate. Then 18 months later we have an endofthe world scenario played out with the world trade centre drama.

Its a comfort to know they use the same tactics time and again. Helps to predict their schemes.
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Re: The printing has started.

Post by fukushima on Wed Jun 06, 2012 11:48 pm

Did you? All right, I'll make it April 2014 then.
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Re: The printing has started.

Post by Apocalypse prettysoon on Thu Jun 07, 2012 1:18 am

May is the beginning of the sacrifice season, oddly enough this matters when planning disasters.
What about you take June?
I keep clicking to see silver go over $30 US. It has to cross that today or Ill be upset.Using my willpower to force it over, doesnt seem to be working.

We'd be laughing already if the Australian dollar hadnt rallied.
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Re: The printing has started.

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