A lot of posturing around but for the moment its looking possible there will be no QE3, at least in the short term. How will this affect the USD? Bill Gross of pimco has stated that he will not be buying US treasuries and he does not know who will after the FED stop buying them.He states a better buy is the canadian or aussie treasuries due to economic stabilty and 2/3 % higher rates.
So will this drive up demand for CAD and AUD as fund managers get involved? This seems likely to me if it unfolds that way.
However how long can the US govt stand no buyers for bonds? Won't it be forced to lift rates big time to compete? Won't this drive UP the value of the USD?
OR will the lack of buyers trigger QE 3, thus its business as usual?
Fortunes to be made with the right call.
I'm a great believer in market manipulation, the more they say there will be no QE3 the more likely it is.
The more Gross pushes the " no buy" US treasuries the more likely it is that he is trying to manipulate a rise in rates.
The only topic every time you post seems to be your epic ignorance, so I would say by all accounts, I'm right on topic. Benny, I don't want to start this up with you again, I have far better things to do with my time. Besides, I really can't take seriously anyone who doesn't know how money gets created commenting on a "financials" forum. Laughable.
The only topic every time you post seems to be your epic ignorance, so I would say by all accounts, I'm right on topic. Benny, I don't want to start this up with you again, I have far better things to do with my time. Besides, I really can't take ser
USD soared overnight against the euro in particular and the AUD.
If no QE 3 its looking increasingly likely that the USD will rise.
melly- hows that hyperinflation working out for you?[smiley:crazy]
I knew you could not change your spots.Your inner rage is still there.[>o][>o][>o] Push the right buttons and out it comes.
Please resume your therapy classes asap.
Theres a good boy.
USD soared overnight against the euro in particular and the AUD.If no QE 3 its looking increasingly likely that the USD will rise.melly- hows that hyperinflation working out for you?I knew you could not change your spots.Your inner rage is still t
P.S. You should do something about that twitch, or is it just your hand shaking from your rage of being exposed as an epic ignoramous?
Like I said, I can't take you seriously.P.S. You should do something about that twitch, or is it just your hand shaking from your rage of being exposed as an epic ignoramous?
Benny says "If no QE 3 its looking increasingly likely that the USD will rise."
Words escape me. Let me get this straight, if the FED decides NOT to continue with MORE DOLLAR DEBASEMENT through money printing, it is increasingly LIKELY that the USD will rise!?!?!? Amazing, simply amazing, only someone with a PhD in Economics could have come to that conclusion. And what's really impressive is that you probably came to that conclusion all of your own I presume, without any help from a six year old child. I'm truly in owe, you should post these tidbits of wisdom more often.....just to keep reminding me what a simpleton you are.
And the piece de resistance, the risus purus, the highest beholding of a joke is....."if".........What Benny, Bernanke's speeches reach Australia with messenger pigeons?
Benny says "If no QE 3 its looking increasingly likely that the USD will rise." Words escape me. Let me get this straight, if the FED decides NOT to continue with MORE DOLLAR DEBASEMENT through money printing, it is increasingly LIKELY that the USD w
heres a news flash you thick head.euro and aud getting slaughtered today.or did you miss that on your break between flipping burgers.??
your assumption that QE will lead to a collapse of the USD has proven a failure.It has'nt happened - and it won't.That's a most "economics 101" conclusion.
you've been banging on about it for over a year maybe 2 years by now and zip.
your hyperinflation argument- has'nt happened.
your " massively short apple " another failure
melly- when will you get anything right?
can YOU offer an opinion as to what will happen if there is no QE3? of course not.
can YOU say one way or the other what bernake will do? If so please state it for all to see.
you won't of course because , as you have proven over and over and over- you are the most utterly clueless poster on here. You know less than a novice, and at least they are prepared to admit it.
In the meantime, resume your "canadian " persona and keep posting on the aussie forum at 3am your time. We are all getting a great laugh out of it there.
poor melly, your backheres a news flash you thick head.euro and aud getting slaughtered today.or did you miss that on your break between flipping burgers.?? your assumption that QE will lead to a collapse of the USD has proven a failure.It has'nt h
* Equities rebound after three days of losses * Bernanke says Fed ready to ease if economy flags * Dow ends up 0.4 pct, S&P up 0.3 pct, Nasdaq up 0.5 pct * Moody's puts U.S. AAA rating on review, possible downgrade * U.S. stock index futures fall after Moody's warning
http://www.reuters.com/article/2011/07/13/markets-stocks-idUSN1E76C1YY20110713* Equities rebound after three days of losses * Bernanke says Fed ready to ease if economy flags * Dow ends up 0.4 pct, S&P up 0.3 pct, Nasdaq up 0.5 pct * Moody's puts U.S
1. bernake prints 2. congress lifts the debt ceiling 2a congress refuses to lift the debt ceiling 3. bernake does not print, ceiling lifted 4. bernake prints & debt ceiling lifted OR the ceiling is not lifted 5. Greece defaults 6.Italy defaults 7. Both greece and Italy default
add that to any combo of 122a34567
good options for melly, no matter what happens he will claim he knew thats the way it would go afterwards of course.
Anyone who can pick the right combo AND get set b4hand can make a million or 2.Massive moves are almost at hand.
so many options now1. bernake prints2. congress lifts the debt ceiling2a congress refuses to lift the debt ceiling3. bernake does not print, ceiling lifted4. bernake prints & debt ceiling lifted OR the ceiling is not lifted5. Greece defaults6.Italy d
Ben can wait to jump into that helicopter again and show the world that he is right and 6000 years of human history is flawed
Gold and silver owners will be salivating
1 & 2 are certainties bennyBen can wait to jump into that helicopter again and show the world that he is right and 6000 years of human history is flawedGold and silver owners will be salivating
Jump in the helicopter AGAIN??? If you understood what actually took place then you'd know the only "drops" so far have been on US and European bank vaults......figuratively speaking of course.
Jump in the helicopter AGAIN??? If you understood what actually took place then you'd know the only "drops" so far have been on US and European bank vaults......figuratively speaking of course.