Member
Posted 09 December 2016 - 03:03 PM
Fox Biz News "ALL MAJOR INDICES HIT LIFETIME HIGHS..."
Was it a false statement?
Fib
Nope it's not Fake News...
Just fake.
built on phoney money.
Phony or not, it IS what drives prices either higher or lower.
Right now...there is TON of investment capital moving into equities...the largest since the 2003 lows.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Volume Dynamics Specialist
Posted 09 December 2016 - 03:11 PM
What you really mean is there is a TON of private and public debt right now...
It's about to be marked down, as interest rates are marked up.
It's not going to end well, we all know that.
It's like those thousands of empty buildings I've seen in China...
It looks nice, but there's no substance to it. Nobody to support the debt service and no tax revenues flowing into government coffers.
The modern-day Terracota Soldiers standing tall, waiting for the hordes of the apocalypse...
They built it, now they are going to bury it.
Edited by SemiBizz, 09 December 2016 - 03:14 PM.
Member
Posted 09 December 2016 - 03:14 PM
What you really mean is there is a TON of private and public debt right now...
The market cares less on the source of the fuel that drives it...only that it's there for consumption.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Volume Dynamics Specialist
Posted 09 December 2016 - 03:17 PM
Currencies are giving advance warning here, we are all on notice.
Cash is King, market will figure that out soon enough.
Member
Posted 09 December 2016 - 03:29 PM
Currencies are giving advance warning here, we are all on notice.
How so?
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Volume Dynamics Specialist
Posted 09 December 2016 - 03:44 PM
Demand for US$ is high...
and getting stronger every day...
$Yen going to 125, then 150
EUR$ will hit parity early in 2017, bounce at 98 cts before it tanks to 80 cents.
Member
Posted 09 December 2016 - 03:45 PM
EURUSD went too fast for me....agree on the yen too...
Volume Dynamics Specialist
Posted 09 December 2016 - 03:52 PM
Amazing the amount of denial going on in the World...
US Debt is $20T... but then - look at Californica... they owe the employees $1Trillion alone in unfunded pension liabilities...
It's not going to "just go away" - when those fire protection, first responders and police walk off the job - the government will have the crisis they need to impose a Draconian solution...
Bail-In.
