What are terms like QE2 & J6P?

Coinshowman

I've invested in PMs through years via collectable coins, but am recently getting more interested in them as a regular investment. I've found some of the posts here very interesting in terms of investment strategy and reasons for market moves. However, some of the terms are simply unfamiliar to me, such as QE2, QE3, J6P, etc. Can someone steer me to a good website with explanations of the terms and how they factor into PM investing?

DNADave

J6P - Joe six pack, your every day fella.

QE2 - Qualitative Easing... The intentional devaluation of the US dollar so the Gubment can pay its debt w/ cheaper dollars (My interpretation)

ttown

<< <i>I've invested in PMs through years via collectable coins, but am recently getting more interested in them as a regular investment. I've found some of the posts here very interesting in terms of investment strategy and reasons for market moves. However, some of the terms are simply unfamiliar to me, such as QE2, QE3, J6P, etc. Can someone steer me to a good website with explanations of the terms and how they factor into PM investing? >>




JP6 is the general public as a whole (Joe Six Pack)

QEXXXXXXXX- is Qualitative Easing just google that. We're on the 2nd round with more to come more than likely.

Coyn

Although they are correct my definition would be

QE X Qontinually Erasing the value of our dollar


J6P Just a 6 day Paycheck away from being homeless

Baley

QE is usually referencing Quantitative Easing, an expansion of the central bank's balance sheet

Qualitative easing (a shift in balance sheet toward riskier assets) is also happening, too, though

JCMhouston

QE is actually much more complicated than generally presumed.

In essence it is a method of taking money from J6P and transferring it into bankster accounts, but this process is much to complicated to be explained here. it involves printing huge amounts of dollars, then giving it to the banksters at essentially no interest, so they can then make loans (or not) as they see fit. They then decide "or not", invest the zero interest loans from you and me and skim off the bulk of the profits for themselves.

Then to make it a little easier the Fed decides to buy treasuries to keep liquidity in the market, but first they let the banksters buy them after telling them when the Fed will buy and how much they will pay. This allows the banksters to purchase the government bonds with government provided zero percent loans, and then sell the bonds back to the goverment at a profit in a couple of weeks.

derryb

2W's - Washington and Wall Street
Baleyville - Happy Gilmore's "Happy Place"
CRIMEX - COMEX

Coyn

<< <i>allows the banksters to purchase the government bonds with government provided zero percent loans, >>



or lend it to the less fortunate on credit card loans at 30% like Bof A does.