Na. No way. In fact I’ll go as far as ‘No Way In Hell’ will they raise rates.
They keep talking and talking the game, but by now only a few people believe the FED. They can’t raise and perhaps never will be able to. They let the market and Bull Shit get too far out of hand. Way too many people WAY over their heads in debt. A small raise and the whole US economy comes crashing down!
Heck, I’d go as far as saying if anything they’ll lower rates and maybe even go negative rates to keep up with the rest of the world.
The English the other day just LOWERED their rates! First time in like 300 years I read. Funny but the English seem to be the most down to earth people with the most common sense on the earth.
Sorry FED. You let things get too far for too long.
It’s looking more and more like the US dollar is going to become worthless and GOLD will end up being the new world currency. I know this has been said many many times in the past and its never come to be BUT this time could be different.
You’ve got CLOWNs running the US into the ground and even worse you’ve got crocked bankers taking everyone’s money away and creating so many derivatives that when this whole false economy comes crashing down guess where they’re going to take all the money FROM?
That’s right! You and me!
They create the false paper assets and then use those assets, false as they may be, to take REAL assets away. IE yours and my assets.
Bank of England’s first interest-rate cut in seven years down .25%! And more more easing could be coming, and likely will be, as Britain feels the effects of its decision to leave the European Union.
So the taking from the poor and middle class and giving to the ultra rich continues. Yay! Everyone will be working for a dollar that won’t be able to buy nothing soon. That’s just great.
Who elected these fools? Why would anyone elect someone that would make their entire life savings worthless? I don’t think we did.
Think about it people! We are being screwed!
As you can see by this chart the US Dollar is loosing its buying power and loosing it fast! It doesn’t take a brain surgeon or even a grade 8 math student long to figure out that this is not good if you have any savings or get paid in US dollars!
One day, and that day may be soon, you won’t be able to buy a can of soup with a $20 bill! Yikes!
I have noticed, and I’m pretty sure it’s true, that the more people short the market with the VIX or other short products ( ETNs and the like ), the more the market seems to POP back up again shortly after any down move.
My thinking is that they are simply waiting for people to buy these market type short vehicles and then they simply take the money from those shorts and move it into the longs thus keeping the market moving higher no matter what.
And this will keep working AS LONG AS the money in the shorts does not dry up. But soon it will and THEN the FED won’t have any more money to prop up their insanely inflated market.
Now I’m not sure if they have done this in the past but it is both ingenious and immoral at the same time, which often ingenious is.
It is ingenious because they basically can keep the market up in times when it should be going down, thus eliminating any risk to an economy run by idiots and imbeciles. I’m not saying they are are imbeciles but their monetary policy, well let’s face it it sucks!
It is immoral because anyone with any bit of brains and common sense can see we are living in a time with over inflated housing prices and the stock market has been due for a correction for several years. So anyone with brains, money and the balls to short the market will GET TAKEN!
Throw common sense out the window.
Take from the smart and give to the stupid.
That’s the economy we’re in right now.
IMHO of course.
Oh boy. Golds been on quite the tear for 2016 and this a commodity that people use to hedge against a world financial meltdown or correction. I think meltdown is more likely.
Think about how far and how much the DOW and S&P have moved up these past months and along side that move GOLD has moved up equally fast if not faster.
It is almost as though each were racing to the top of some chart whereby whomever finished highest the fastest wins! I hate to say it but that game has to be very close to finishing and when it does, WHAM! Something’s gonna give and give big time.
Markets likely to collapse but I’m not to sure what will happen to gold.
I used to think banks could not go insolvent, at least not the really big ones. The game changed in 2008 when the big bankers realized they could screw even their most loyal customers by declaring bankrupcy and still get to keep all the money! Yes! New rules!
Fuck everyone and STILL keep all the money! How good can it get? Well I guess when Deutsche Bank goes under we will all find out how good it can get for the banks and how bad it will be for the poor shareholders whose entire life savings will end up being worthless.
Take from the rich and middle class and give to the SUPER RICH! Ah the new way for the bankers. Must be nice….
I don’t think the FED or Democrats, as they are otherwise known, will allow this market to crash on their watch. I mean they’ve pumped this up SO much in the last few years that why would they let it all fall apart just when they still still have a chance of getting re-elected and maintaining their power.
Keep the voters happy at least till they get re-elected!
Go FED go!
It seems the US stock market, ie the DOW and S&P are in a bit of a pickle. I see no way out for the extreme bubble they are in except for one thing.
There will have to be a HUGE market crash. Yes. And I mean HUGE!!!
In order for the banks to maintain their long bets and derivatives they ( the banks, and FED ) will have to CRASH the market to an extreme never before seen.
Why ? you may ask.
It’s simple. They have been pumping and pumping and PUMPING this market up for some time and in order for “them” to win ( cash out ) they will have to take all YOUR money away. And I suspect the day when they do that is very near. Maybe in a few months. By end of 2016 at the latest I would guess. Heck it could even be this week!
There seems to be no point shorting the market at this time either as they’ve got that figured out too.
What the FED and banks are doing is simple. They are using the money that people are shorting the market with and rolling it into the longs.
In other words, the more you bet against the market, the more it goes up and the more they win!
UNTIL! Well until there is no more money left shorting the market and then the real fun begins.
The market will tumble and tumble like never before seen in history!
Seems the volatility index or VIX is nearing very low levels once again. And like a spring being flattened down with unusual force, I”m pretty sure soon it will POP back up to life. Not sure when exactly but it will. No doubt about it, it will.