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Author Topic: QE3 is here! RALLY!!!  (Read 6812 times)
Spekulatius
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September 13, 2012, 09:02:22 PM
 #21

It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??
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September 13, 2012, 09:03:54 PM
 #22

It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??

That's what I assumed he was talking about.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
waspoza
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September 13, 2012, 09:21:34 PM
 #23

It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??



And we have a winner.
Spekulatius
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September 13, 2012, 09:22:40 PM
 #24

It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??

That's what I assumed he was talking about.

Do you think he's got 2 dicks?
AbsoluteZero
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September 13, 2012, 09:40:40 PM
 #25

First picture of Ben Bernanke




The-Real-Link
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September 14, 2012, 12:52:52 AM
 #26

It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.
blood shot eyes, are you implying that he's high?

FTFY

Then again who am I kidding?  Never good at making these things.  Oh well, enjoy Wink


Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
smoothie
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September 14, 2012, 02:36:06 AM
 #27

What a dog on day (Week) for traders.
Got almost toasted as my broker disconnected me 2 times while the FOMC meeting for almost a minute.

blood shot eyes, are you implying that he's high?

Maybe drunk


Is that Ben Bernanke?

Shit if it isn't it sure looks like him......LOL!

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kokojie
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September 14, 2012, 12:32:34 PM
 #28

lol unlimited QE, fuking ingenious

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
adamstgBit
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September 14, 2012, 05:23:09 PM
 #29

what if QE3 works   Shocked

mccorvic
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September 14, 2012, 05:31:28 PM
 #30

what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
adamstgBit
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September 14, 2012, 05:44:31 PM
 #31

how badly would gold crash if the economy recovered?

back to 300$/oz?

Spekulatius
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September 14, 2012, 05:48:30 PM
 #32

how badly would gold crash if the economy recovered?

back to 300$/oz?

Thats a long process, that can take up to a decade from now. Therefore it would be a long slide, rather then a crash (unless the government decides to seize all physical gold possessions once again).
labestiol
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September 14, 2012, 06:05:16 PM
 #33

what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
adamstgBit
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September 14, 2012, 06:25:46 PM
 #34

what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect
its about forcing banks to loan money.

traders are all like Mitt Romney they only know how to make money on a crashing stock.

Chang Hum
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September 14, 2012, 06:26:55 PM
 #35

what if QE3 works   :

QE does "work" for what it's intended, governments printing money can stealthily tax everybody a certain % per dollar they have.

If the government were to ask every one for this money a) they wouldn't get it and b) it would create a shit storm.

When tax moneys desperately needed governments think outside of the box and move the goal posts. By changing the term tax for stimulus so few people realize what's going on they are fooled into believing it's a good thing and they don't lose anything from it!!  

-With tax they take a little bit of money off everyone so people have less purchasing power after collection (this will piss everyone off and wont get you re-elected)
-With 'stimulus or QE' they print more money, devaluing everyone's money a little bit so people have less purchasing power after printing (this is known within high government circles as happy tax Smiley )

adamstgBit
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September 14, 2012, 06:34:51 PM
 #36

what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

right,

So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy

labestiol
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September 14, 2012, 06:43:37 PM
 #37

what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

right,

So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy

Ah ah, what a shitty strategy then. They must be morons  Shocked
Hint : they are anything but stupid.

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
adamstgBit
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September 14, 2012, 06:55:13 PM
 #38

what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

right,

So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy

Ah ah, what a shitty strategy then. They must be morons  Shocked
Hint : they are anything but stupid.

yes youtube videos are telling everyone the dollar is going to crash hardcore very soon.
the solution? buy gold! Cheesy

right....

buy can food / rice if your scared of a financial meltdown.

no one in their right mind is going to trade their food for your gold....

labestiol
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September 14, 2012, 07:06:20 PM
 #39

what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

right,

So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy

Ah ah, what a shitty strategy then. They must be morons  Shocked
Hint : they are anything but stupid.

yes youtube videos are telling everyone the dollar is going to crash hardcore very soon.
the solution? buy gold! Cheesy

right....

buy can food / rice if your scared of a financial meltdown.

no one in their right mind is going to trade their food for your gold....

I never said the USD will crash. Just a slow and steady grind.
Hyperinflation could happen, but I think it'll be prevented.
And if that happens, yes people will accept gold. Always better than worthless paper. At least that's what history shows.
But again, I still have doubts they'll go that far.

And btw, don't worry about what I do. Ask yourself what the US gov is doing, and why

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
tvbcof
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September 15, 2012, 03:02:09 AM
 #40


QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

Works well to a point.  I habitually keep as few USD as possible.  To some degree I buy things that I may or may not if I were not wanting to unload rapidly declining USD denominated assets in risky entities (e.g., anything quote/unquote 'regulated' by those retained by our political leadership for that purpose.)  A fair fraction of the excess goes into PM's however, and for a time a chunk of it went into Bitcoin.  As more and more people turn into PM/Bitcoin 'weirdo's like myself, I would expect a shift in strategy.  Until then I figure that QE will keep on keepin' on.


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