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Thread: Bernanke

  1. #21

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    Makes no sense to taper until after Christmas, especially since we lost the last holiday to the fiscal cliff nonsense. Then you need to allow another quarter. I would not expect anything close to stopping QE until next year and then only a gradual tapering if we meet job criteria.

    Now I clearly heard from Bernanke's comments is that silver should trade in a range between $15-$30.

  2. #22

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    Quote Originally Posted by sumrtym View Post
    Actually, around $11.4 billion, not $34 billion. Also, if you want to get technical, a large part of the bailout was in the govt assuming part ownership in the company with the promise of GM to buy back the stock at a later date. I'd argue the benefits outweigh the forecast loss, and I don't think I'm alone in that....

    http://www.fool.com/investing/genera...taxpayers.aspx
    Crony capitalism that you support gives capitalism a bad name.
    I do not want the dollar to collapse, but I am protecting myself when it does.

  3. #23

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    'Twill be interesting listening to Ben explain to the world that QE must continue even as the unemployment figures go down past 6.5% (due to people dropping out of the workforce).


  4. #24

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    I'm going to have to stay glued to the puter screen, or risk an "algo rape". I took a five min shower break this morning and when I returned Silver dropped about .70. I squealed like that little chubby fellow in Deliverance.

  5. #25

  6. #26

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    Let dead threads die - start new ones.
    American Legion Preamble: https://www.legion.org/preamble

  7. #27

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    Quote Originally Posted by nickndfl View Post
    Now I clearly heard from Bernanke's comments is that silver should trade in a range between $15-$30.
    That's a worthless statement. Imagine him saying that the S&P should be in range of -25% to +50%. Make the target big enough and you just can't miss it.

  8. #28

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    Quote Originally Posted by DBCooper View Post
    That's a worthless statement. Imagine him saying that the S&P should be in range of -25% to +50%. Make the target big enough and you just can't miss it.
    I'm not sure that your S&P target is big enough.
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  9. #29

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    https://quoththeraven.substack.com/p...he-nobel-prize
    Somebody calls out big bad Ben's prize for what it is
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  10. #30

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    https://www.realclearmarkets.com/art...is_858712.html
    Another low opinion of Ben's contributions emerges
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

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