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Posted: 22 Jan 2016, 12:59
Hi Everyone, I'm In
I anticipate a parabolic year for gold, and therefore, Oceana. The Fed certainly proved me wrong by raising the rate in 2015. Inflation was .07% last year when they said all along they needed 2.0%. They raised anyway. The target unemployment rate was met, despite the fact that the labor force participation rate of working age Americans dropped to a 40 year low (that is 94 million Americans, who do not get counted as unemployed, who are unemployed and could work but do not even look for jobs, in a nation with a population of 325 million people). An idiotic purveyance of lunacy to be sure. Embrace that. The rate increase speeds the emerging market bankruptcies and implosions.
This is the year for gold.
A wonderful year for gold this will be, which I thought was last year. I just make a perfect ribeye steak...
Iran is adding the 500,000 barrel a day nail for oils' coffin which will make inflation increasingly scarce, and cause the conspicous presence of egg yoke on the fed's face (a reality distortion field). Near term oil will see $22, but I think it will visit the teens for a while. The Fed will not raise again this year, and they will launch a QE4-7, or just a 4 with a $10 Trillion limit, and finally rescind the .25% increase they put in 2015, and they might go negative on that rate. And of course the damage will have been done in the emerging markets by that time. The safe haven love affair with the 10 year treasury bill, which is now at or below 2.0 and will drive it down to 1.5 before that rescinsion happens, will come to an end (Gold shines more!). There are tons of layoffs and bankruptcies coming from the energy sectors, retailors will get hammered, (Walmart closed 269 stores), restaurants will close in droves this year, in the US, in droves. Everyone will eat from their refrigerators exclusively, especially the 94 million working age (in my nation) who don't work and don't look for work. We will see a panarama of defaults and bankruptcies from nations, banks, cities, and companies worldwide on an unprecedented scale, and the worlds confidence in every central bank will collapse, making gold shine still more.
And we investors will try to buy silver or copper or some other war time metal, as World War 3 finds its legs and forces its major players in the open, perhaps. And at just the right time, after it has been in the teens, oil go all the way the $200 a barrel. Not because of demand or supply, but because of this war with some of the worst bombs, in the middle east. Putin has mentioned nuking Isis. He said he hopes it won't come to that. It will, I believe. He wants $200 a barrel, it will hit the US very hard and he will like that alot, a whole lot. I can see him, he says, 'back at you' to the camera (to Obama), riding shirtless on his horse, on a snowy cold day in the Russian wilderness across a shallow stream...
I made another ribeye...
Read more at http://www.stockhouse.com/companies/bul ... 1JarUVs.99
I anticipate a parabolic year for gold, and therefore, Oceana. The Fed certainly proved me wrong by raising the rate in 2015. Inflation was .07% last year when they said all along they needed 2.0%. They raised anyway. The target unemployment rate was met, despite the fact that the labor force participation rate of working age Americans dropped to a 40 year low (that is 94 million Americans, who do not get counted as unemployed, who are unemployed and could work but do not even look for jobs, in a nation with a population of 325 million people). An idiotic purveyance of lunacy to be sure. Embrace that. The rate increase speeds the emerging market bankruptcies and implosions.
This is the year for gold.
A wonderful year for gold this will be, which I thought was last year. I just make a perfect ribeye steak...
Iran is adding the 500,000 barrel a day nail for oils' coffin which will make inflation increasingly scarce, and cause the conspicous presence of egg yoke on the fed's face (a reality distortion field). Near term oil will see $22, but I think it will visit the teens for a while. The Fed will not raise again this year, and they will launch a QE4-7, or just a 4 with a $10 Trillion limit, and finally rescind the .25% increase they put in 2015, and they might go negative on that rate. And of course the damage will have been done in the emerging markets by that time. The safe haven love affair with the 10 year treasury bill, which is now at or below 2.0 and will drive it down to 1.5 before that rescinsion happens, will come to an end (Gold shines more!). There are tons of layoffs and bankruptcies coming from the energy sectors, retailors will get hammered, (Walmart closed 269 stores), restaurants will close in droves this year, in the US, in droves. Everyone will eat from their refrigerators exclusively, especially the 94 million working age (in my nation) who don't work and don't look for work. We will see a panarama of defaults and bankruptcies from nations, banks, cities, and companies worldwide on an unprecedented scale, and the worlds confidence in every central bank will collapse, making gold shine still more.
And we investors will try to buy silver or copper or some other war time metal, as World War 3 finds its legs and forces its major players in the open, perhaps. And at just the right time, after it has been in the teens, oil go all the way the $200 a barrel. Not because of demand or supply, but because of this war with some of the worst bombs, in the middle east. Putin has mentioned nuking Isis. He said he hopes it won't come to that. It will, I believe. He wants $200 a barrel, it will hit the US very hard and he will like that alot, a whole lot. I can see him, he says, 'back at you' to the camera (to Obama), riding shirtless on his horse, on a snowy cold day in the Russian wilderness across a shallow stream...
I made another ribeye...
Read more at http://www.stockhouse.com/companies/bul ... 1JarUVs.99