Comments by "bighand69" (@bighands69) on "The Scary Truth Behind the Halloween Rally" video.

  1. Jalreal There are two different philosophies of money one is that it is a metric system the other is that it is a value system. And this leads to two different types of investors.  Just because a central bank uses decentralized banks to channel asset classes does not mean the the central bank has "deleveraged" those liabilities. They are just as real as they were before they carried out there financial balance sheet numerical exercise.  There is nothing new in any of this and countries/empires/states have been debasing their trade mechanism for a long time.  The ancient Minoan cultures had created algebraic models of trade that they thought were infallible as did the Egyptians and ancient Greeks.  The great road builders had done the same as did the British empire with its mercantile laws that more or less created great famines in which killed 1.5m people in Ireland.  Calling it interest rates, QE, Expansion, debasing or Mercantilism does not change the fact it is trying to manage at a level beyond current management practices.  Do you not think it is a flawed logic that the system that was responsible for a big part of this mess is also the system that has the cure. Would you not even question this at any level of logic.  Devaluation of currency is not even America's biggest issue in all of this. Do I actually think it will create deflation. First of all that is very wide impact notion that neither of us could really discuss here. Oil could go up and computer chips down and a school teachers salary is cut in half while the doctor has 10,000 new patients.  America in all of this risks losing its international position of prestige. Where its currency has not value on the international stage at all. 
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  2. Australia has not used QE but their government in effect has still devalued their dollar because of the deficit they are starting to build up. 
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  3. By market do you mean an index like the S&P 500. Is that what you are referring to. 
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  4. Excess reserves? Banks, central banks and governments are sitting on massive debt liabilities as are most of the populations of western countries.  When QE stops the people who are in debt will become insolvent. Those that hold assets that understand growth trajectories will be singing.  I have been flipping assets on markets for 20 years and have seen all these patterns before. It is nice to be a student of history but also being able to put that history to application is even nicer.  Australia has seen some massive concise growth over the last 15 years and it now starting to over heat and I have sold those assets on recently. Why do you think I have done this. 
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  5. 4ANewDeal Failed? The federal reserve will have two options either to stop QE or continue with it. If they continue with it the dollar will weaken if they stop QE the dollar will weaken.  The federal reserve and Washington are scared to stop this.  If we in the future look at gold and physical assets we will see it as a regression line of growth where there was ups and down.  I gaureentee that when the second collapse comes people like you will maintain that you always knew it was coming. 
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  6. In the short term they will be volatile but in the long term they will be a super performance growth asset. Anybody who owns physical gold at this point has lost nothing especially if they are investing over the long term. 
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