Fed propping up stocks

[CarmelHP]

Market Savior? Stocks Might Be 50% Lower Without Fed - Yahoo! Finance

Duh! Next tell us the sky is blue. Essentially the Fed is the single greatest market variable.

 

[Fletch]

Mmmmyep.

 

[TheRude1]

Propping up is an understatement !

Or should it say Tax Payer ?

 

[Carmelbythecorn]

Which means the stock market is a joke and it's not real. It's another tool used to keep the general population thinking things are normal.

 

[CarmelHP]

Which means the stock market is a joke and it's not real. It's another tool used to keep the general population thinking things are normal.

Precisely.

 

[John Galt]

Bread and circuses ... pray for HardKarma!

 

[jeremy]

Bread and circuses ...

Hey, you farking beiber lover!!!

That is my line. What do I say now that you took it?!
Now I have to think of something new and witty...

 

[Carmelbythecorn]

Is converting the fiat money to hard currency (gold, silver) the way to go in these times?

 

[buckstopshere]

Is converting the fiat money to hard currency (gold, silver) the way to go in these times?

Funny you should say that. The fed is planning on buying 10% of the worlds gold every year for the next 10 years.

I'm not finance guru but that screams to me of a hedge against the inevitable crash of the dollar.

Edit: I should say central banks, not fed. Here's a link

Check out this video on YouTube:

http://www.youtube.com/watch?v=uAzDipWWrYo&feature=youtube_gdata_player

 

[hornadylnl]

Is converting the fiat money to hard currency (gold, silver) the way to go in these times?

I'm thinking about investing in some silver but this chart has me worried.

Over the last 34 years, it's spent most of the time around $5. There were 2 peaks of almost $50 and we're currently just under $30. If you buy now and silver goes back to $5, you will lose your ass.

I guess it depends on if you think the economy will ever get better or not.

 

[John Galt]

That is my line. What do I say now that you took it?!

Something about John Galt .....