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Topic: QE3 is here! RALLY!!! - page 2. (Read 7102 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 14, 2012, 01:55:13 PM
#38
what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

right,

So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy

Ah ah, what a shitty strategy then. They must be morons  Shocked
Hint : they are anything but stupid.

yes youtube videos are telling everyone the dollar is going to crash hardcore very soon.
the solution? buy gold! Cheesy

right....

buy can food / rice if your scared of a financial meltdown.

no one in their right mind is going to trade their food for your gold....
sr. member
Activity: 434
Merit: 251
September 14, 2012, 01:43:37 PM
#37
what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

right,

So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy

Ah ah, what a shitty strategy then. They must be morons  Shocked
Hint : they are anything but stupid.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 14, 2012, 01:34:51 PM
#36
what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect

its about forcing banks to loan money.

And forcing cash hoarders to spend/invest.

right,

So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy
hero member
Activity: 714
Merit: 502
September 14, 2012, 01:26:55 PM
#35
what if QE3 works   :

QE does "work" for what it's intended, governments printing money can stealthily tax everybody a certain % per dollar they have.

If the government were to ask every one for this money a) they wouldn't get it and b) it would create a shit storm.

When tax moneys desperately needed governments think outside of the box and move the goal posts. By changing the term tax for stimulus so few people realize what's going on they are fooled into believing it's a good thing and they don't lose anything from it!!  

-With tax they take a little bit of money off everyone so people have less purchasing power after collection (this will piss everyone off and wont get you re-elected)
-With 'stimulus or QE' they print more money, devaluing everyone's money a little bit so people have less purchasing power after printing (this is known within high government circles as happy tax Smiley )

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 14, 2012, 01:25:46 PM
#34
what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"

QE isn't about weakening the dollar... that's a side effect
its about forcing banks to loan money.

traders are all like Mitt Romney they only know how to make money on a crashing stock.
sr. member
Activity: 434
Merit: 251
September 14, 2012, 01:05:16 PM
#33
what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy

Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.

how badly would gold crash if the economy recovered?

back to 300$/oz?

how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"
legendary
Activity: 1022
Merit: 1000
September 14, 2012, 12:48:30 PM
#32
how badly would gold crash if the economy recovered?

back to 300$/oz?

Thats a long process, that can take up to a decade from now. Therefore it would be a long slide, rather then a crash (unless the government decides to seize all physical gold possessions once again).
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 14, 2012, 12:44:31 PM
#31
how badly would gold crash if the economy recovered?

back to 300$/oz?
hero member
Activity: 518
Merit: 500
September 14, 2012, 12:31:28 PM
#30
what if QE3 works   Shocked

You'll never hear anyone on this forum admit to it. Cheesy Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 14, 2012, 12:23:09 PM
#29
what if QE3 works   Shocked
legendary
Activity: 1806
Merit: 1003
September 14, 2012, 07:32:34 AM
#28
lol unlimited QE, fuking ingenious
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 13, 2012, 09:36:06 PM
#27
What a dog on day (Week) for traders.
Got almost toasted as my broker disconnected me 2 times while the FOMC meeting for almost a minute.

blood shot eyes, are you implying that he's high?

Maybe drunk


Is that Ben Bernanke?

Shit if it isn't it sure looks like him......LOL!
hero member
Activity: 533
Merit: 500
September 13, 2012, 07:52:52 PM
#26
It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.
blood shot eyes, are you implying that he's high?

FTFY

Then again who am I kidding?  Never good at making these things.  Oh well, enjoy Wink

member
Activity: 66
Merit: 10
September 13, 2012, 04:40:40 PM
#25
First picture of Ben Bernanke




legendary
Activity: 1022
Merit: 1000
September 13, 2012, 04:22:40 PM
#24
It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??

That's what I assumed he was talking about.

Do you think he's got 2 dicks?
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
September 13, 2012, 04:21:34 PM
#23
It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??



And we have a winner.
legendary
Activity: 1904
Merit: 1002
September 13, 2012, 04:03:54 PM
#22
It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??

That's what I assumed he was talking about.
legendary
Activity: 1022
Merit: 1000
September 13, 2012, 04:02:22 PM
#21
It's official.  QE3 is here.  Here, Fed chairman Ben Bernanke describes vividly the personal biological pre-conditions that motivated this latest round of bond purchasing.

blood shot eyes, are you implying that he's high?

Maybe he's referring to some other bodily feautures here??
sr. member
Activity: 322
Merit: 250
September 13, 2012, 03:47:58 PM
#20
What a dog on day (Week) for traders.
Got almost toasted as my broker disconnected me 2 times while the FOMC meeting for almost a minute.

blood shot eyes, are you implying that he's high?

Maybe drunk
sr. member
Activity: 386
Merit: 250
September 13, 2012, 02:47:44 PM
#19
1. As in the past those announcements lacked to have an immediate effect on USD/BTC price.

2. The effect will nevertheless be felt when USD inflates in comparison to other currencies like EUR, GBP etc. due to arbitrageurs that help decouple BTC price from USD price IMO. Maybe I got number 2 wrong here. PLs correct me if thats the case.

+1

It is in the future as the dollar becomes weaker.....
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