InvestorsHub Logo
Followers 27
Posts 5293
Boards Moderated 2
Alias Born 11/26/2009

Re: vero post# 14646

Saturday, 07/14/2012 5:19:52 PM

Saturday, July 14, 2012 5:19:52 PM

Post# of 36603
I agree with you on every discussion point you mentioned Vero. Probably no QE3 until after the election. The Thunder Road Report showed total US debt leveling off since 2008.
http://www.zerohedge.com/news/thunder-road-report-death-march-approaching-new-financial-system
This speaks volumes considering the continued exponential rise in US government debt. The american public's demand for credit must be negative! (smile) Bernanke is tired of shouldering the burden (and taking the heat) for economic stimulus and is prepared to let congress "do something" for a change.
Indicators suggest that something is going to happen real soon in SLV and silver. I sure hope it breaks to the upside (vs. down):
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77426713
Interestingly, those calling for more QE are those companies closest to insolvancy. It is in the order of things to let these weak hands be weeded out before things improve. I think all asset classes may struggle in the short term. The only thing to do is hunker down, park your wealth in PM, and stay as liquid as one needs to be to weather the comming financial storm. Similiar to 2008, gold and silver will be tested but should recover for some crazy profits! I hope...Stinky~pinky