Most Massive Injection of ALL time has begun in earnest

M2 is up 40% y o Y.

But wait. there is much more.

The FED is going to inject directly into the economy, BYPASSING the banks, probably well over $1 trillion and perhaps up to $ 3 trillion via its newly created "FACILITIES." They have tons of the "FACILITIES" now to facilitate the economy.

They've engaged RR Donnelley, the world's largest printer, to crank up the presses and pump like there is no tomorrow.

So I'd say we have very wicked rally coming that will reflate the heck out of stocks.

The WORLD ON STERIODS LIKE NEVER BEFORE !!!

Peace !

Let it all out!!! Holding back is not good for your health nimble one. By the way, you are right too. I suspect we will see extremes in policy and stock prices over the next year that will maKe your head swim. Maybe gold will come to been seen as the new hope. But first we might jump on stocks, not because they are sound investments, but because they can not be played with like the PM. We have entered the monetary twilight zone when doing something (like a rate cut to 1% or .5% OR 0%) anything daring, may get the Fed Chair the Nobel Prize for Economics. Can you say Argentina? Best, Islander.

Edited by Islander, 28 October 2008 - 10:20 PM.