posted on Nov, 23 2009 @ 07:33 AM
um Well as for the first time ever all the Treasuries which are produced to underwrite the $ being printed at alarming rates on the printing presses,
over the last few months have been bought by the FED and US government themselves, that is no countries like China etc are now buying further
securities which back the continued printing and production of $, the rally if any will be a bubble and very quick one.
Simply the US is using its own credit cards to pay off other credit cards debts. (China etc) are no longer sending them new cards in the posts,
eventually they will have no more workable credit left to buy themselves more money.
In its simplist form that is how all this works, debt needs to be created to keep the money flowing, but when the US can no longer buy its own $ it
makes as it does not have the credit to do so, well as no one else is the result is obvious.
Absolute rubbish I am sorry, any rally will be short of a bubble nature.
Every minute more dollars are printed undermining its already weak position. It is like expecting Rubix Cubes to be the biggest child toy seller this
christmas, the $ is now overproduced, getting cheaper and does not excite the kiddies in the store anymore.