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They're Gonna Need a Bigger Balance Sheet

derrybderryb Posts: 36,824 ✭✭✭✭✭
in Precious Metals
If they plan on keeping the game going

image

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Quinn has never minced words. His essays on Philadelphia have been quite brutal. I suspect the "C" word will show up before this thread is over. image
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    I sorta think its a non issue . I believe the Fed could destroy money as easily as create it if need be. The balance sheets value could decay to a fraction of its size on its own.

    Lets face it , the Fed is basically a hedge fun stuffed full of junk bond caliber MBS . They have already taken steps to obfuscate what they have by retiring the original CUSIP numbers for most of the garbage they bought during the MBS portion of QE .
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    before this thread is over.

    No thread is ever over image

    Liberty: Parent of Science & Industry

  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    << <i>before this thread is over.

    No thread is ever over image >>




    Finish the joke Baley image hint you need a pic of John Belushi
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>If they plan on keeping the game going

    image >>




    QE4 Seal Team 6 just boarded their helicopters. image

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Maybe they can cut the top of the curtain they're hiding behind pulling the strings, sew it to the bottom of it, and then they can convince the public that the curtain is bigger, again.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Why I understand since QE started is, once you start, you have to keep it up or let it blow up~aka take its natural course.
    Avid collector of GSA's.
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