GREY:LVNNF - Post by User
Post by
cypress44on Dec 08, 2013 9:08am
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Post# 21983363
above and beyond
above and beyondI suspect the LVN message board will be dormant for a while, so onwards and sideways. Below is a minor diatribe that might appeal to some and finishes off my 2013.
Agreed re previous postings, nobody really knows the endgame due to QE and rising national debts, this is acknowledged to be new territory and a pressure on fiat currencies and in turn physical asset alternatives. Certain central bankers are backed into a corner, they daren’t raise interest rates or stop QE, it is certain however that something has to give but uncertain what the trigger will be.
Various analysts are stepping out and crunching the numbers and the outcome does not look good (rarely covered in the press). Look at the alarming 10 yr chart of the S&P500, influenced by QE but also euphoria as it is effectively going up in a straight line (discussed on the BBC) since April this year. If you were a betting man, where would it be in 5 years?
The new mooted problem is Italian banks, now that will be interesting as the EU is a beautiful basket case. It is acknowledged that Goldman Sachs fudged the Greek books to get them in and a natural divide has appeared between the northern and southern (pigs) member states, in addition to a rise in nationalistic parties. Anyone who thinks all is peachy is madder than a box of balloons in my book, 2014 could be a very interesting!