20Likes
LinkBack URL
About LinkBacksStill relatively quietOriginally Posted by Sirgezza
People are trying to trade.......the order flow is there, but not much volume around
Still relatively quiet
People are trying to trade.......the order flow is there, but not much volume around
Getting within spitting distance of all time highs in GBP..
Silver lining for my portfolio and a unhedged Japan position. Other then that I'm really scared to log on!
Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard
If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we'd be fine. Remember that the period 1870 to 1913 was one of the most aggressive periods economically that we've had in the United States, and that was a golden period of the gold standard. I'm known as a gold bug and everyone laughs at me, but why do central banks own gold now?
^ Only took to this long in my life to see everything! 55555
He I guess sees that in his fading days - the road he took has down is leading to oblivion!
Its My Life .....!
Alan Greenspan, Gold and Economic Freedom (1966)
The position he held, forced his to say false things..
Why Greenspan is allowed any sort of platform is beyond me.....
Why ?? Surely on of the best (most inscrutable) Fed heads that have ever had the position ??
You been bleating on for years about normalization and Greenspan deliberately held down interest rates to create the housing boom that was the objective of the administration
He sat by and extolled the virtues of ARM's and securization
He is one of the people directly responsible for the GFC that you have been harping on for close to a decade
But, now he is supporting gold, so all that is forgotten?
No not at ALL !!!
He absolutely was the architect of the debt issues.. He was massively miss directing when he was a fed head (remember his if you understood that, you didnt understand it) spiel ?? He was a TOTAL manipulator.. But you have to admit, he was fucking good at it !! He spun those plates, for a very long time, and stepped out just in time to pass the problems on.. I tip my hat to that level of machinations !! You have to admire that skill set even if you dont agree with him.
He was pro gold in his youth.. Pretended to be anti gold when it mattered to 'talk his book', and is back to being pro again now hes not got a book to talk.
Really its him, and Volker, the rest have been mediocre or worse. Look at the fumbling and weakness of yellen v the mastery and purposeful missdirection of bubbles greenspan.
So why give him any sort of platform?
Today in 1971: President Nixon Closes the Gold Window
He went full Ponzi.. You never go full Ponzi.
Add Soros to the Rothschilds team also..
Filings Reveal That George Soros Has Made A Giant Options Trade - Mike Swanson (08/17/2016) | WallStreetWindow.com
I would emphasize, Soros filings indicate more of a trade and put against the general market.
EDIT :: Oh you could add Icahn too.. Carl Icahn Turns Apocalyptic: "I Am More Hedged Than Ever, A Day Of Reckoning Is Coming"
Posting Permissions
Reply With Quote