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Thread: To infinity and beyond printing has arrived.

  1. #1

    Default To infinity and beyond printing has arrived.

    Fed Moves Toward Open-Ended Bond Purchases to Satisfy Bernanke
    If I read this correctly, they don't want to have to continually announce big printing runs... And so; they will do it incrementally ... As needed (to fill holes caused by non prosecuted theft).
    This is big IMVHO.
    (hopefully this link works)
    http://mobile.bloomberg.com/news/201...-bernanke.html
    AU AG ~ Genuine Reserve Currency
    http://i573.photobucket.com/albums/ss171/KitcoKontests/Trophies/Single%20Trophies/GoldTrophy3.jpg

  2. #2

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    personally i think that's what they've been doing all along.

  3. #3

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    Your right. They are just now formally saying that they don't want to go through the trouble of announcing it in the future. We are screwed.

  4. #4

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    Adam Posen, whose three-year term as a policy maker at the Bank of England ended last week, said setting thresholds acknowledges economies are in a special set of circumstances and gives the public something they can understand and monitor.

    Nice that Posen's term ended....he is the only one who said anything about accountability. It was bad enough when M3 numbers were kept dark.....how in the world are we going to keep track of Fed purchases?

    90% of the bonds can be purchased by the Fed and no one would have to know about it.

    How will PM's react to this over time?

    Thanks for the article Airbil.

    Argentine

  5. #5

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    Quote Originally Posted by Silvercoin View Post
    personally i think that's what they've been doing all along.
    For sure they have IME too, but this proves that sooner or later they must have to provide some "slow truth."
    AU AG ~ Genuine Reserve Currency
    http://i573.photobucket.com/albums/ss171/KitcoKontests/Trophies/Single%20Trophies/GoldTrophy3.jpg

  6. #6

    Default

    Quote Originally Posted by airbil View Post
    If I read this correctly, they don't want to have to continually announce big printing runs... And so; they will do it incrementally ... As needed (to fill holes caused by non prosecuted theft).
    This is big IMVHO.
    (hopefully this link works)
    http://mobile.bloomberg.com/news/201...-bernanke.html
    yep, those pompous announcements made the gallery laugh, anyway everybody with a bit of brains knew that the only solution is to print oneself out of debt.

    They still try to say that they will monitor, but what can they monitor, everyday it rains shoes they didn't know they existed.
    They only can try to fill the holes and that hole is of unknown magnitude.

    This means that the dollar purchasing value is poised to drop steadily provided the financialmuppets do not get it that it is better to get rid of them now than later.

    Ps: the ECB and BoE will do the same.

    The future of gold is " brilliant"

    Golditiki +++
    if 1 oz of gold is heavier THAN 1 oz of silver, THEN you have a problem

  7. #7

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    They might be getting worried that the market is beginning to see these QE announcements as an act of desperation. Where once big spending & money printing was unveiled with great fanfare, now they aim to keep it quiet.

    It feels very much like the run up to the great depression where everything was tried to keep prices inflated only to have it fall.

  8. #8

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    I don't think they had a choice.

    The Fed had reached their limit of 70% of the total bonds outstanding.

    http://www.zerohedge.com/news/behold...er-bond-market

  9. #9

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    Talk about Infinity and beyond printing...

    http://beforeitsnews.com/economy/201...g-2449770.html

  10. #10

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    Until a couple months ago people talked about lower than $26, now they talk about higher than $32. What changed in the real economy? Nothing. From Doom to Moon. Think about it.
    the void

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