OTCPK:MEAOD - Post by User
Post by
sapiensunuson Oct 13, 2012 11:55am
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Post# 20480707
FED Manipulation
FED Manipulation BT: I have noticed the same thing with many commodities… there was a storage bubble forming for a while. We both know that PRICES don’t go up for ever.
This October was lining up to be a deeply RED OCTOBER until the Bernanke and Draghi printing company decided to print into infinity. If they believe they can defy the laws of physics by printing money they have another thing coming. They are creating a “false” economy because QE distorts the laws of supply and demand.
It’s hard to predict when the outcome of this will show it’s ugliest… the S&P may surge to 1800 before all hell breaks loose. This type of “manipulation” should have never happened. No pain…No gain.
P.S. Another bad “FED” mistake was leaving interest rates too low for too long ( I believe and many agree this was the cause of all these problems). Heck… A GIC would be returning six to eight points if it wasn’t for all the manipulation. In the early ‘80’s savings accounts were paying 18 points FOR CHASH SITTING IN THE BANK.
Imagine a world where spending wisely and saving is rewarded!
GWH