August 9 Markets

[Issachar]

Nothing suspcious about the DOW going up 600+ points in under an hour, is there?

It's great when the Treasury gets involved ... not. But hey, that's the game they'll play until they can't any more.

The markets hate uncertainty. The FED came out today from their meeting and announced it won't raise interest rates for 2 years. Gone, is at least that uncertainty.

Funny thing though .. in a real economy (as opposed to manipulated), interest rates respond to market forces. But as we can see, it's opposite (what's new?) these days .. the interest rate is set and the market responds to it. That is what a fiat system is though, the opposite of free market.

Issachar, doesn't believe interest rates will remain fixed for two years (after next election) any more than it will rain 10 days from now because that's what the weather man says today ..

[Glorify Him]

Re: August 9 Markets

I thought it extremely odd, to say the least, that the Fed stated it would not raise interest rates for at least 2 years. That is historic and to me, proof that this economy is being manipulated to take this country down. As you stated Issachar, rates respond to any number of things. Anyone else paranoid about this?

[Issachar]

Re: August 9 Markets

DOWn is off over 400 points at 12:45PM today (10th)

Wall Street stocks fell sharply on Wednesday, erasing most of the previous day's gains, on fears of trouble in the French banking sector, which has significant exposure to shaky European debt. U.S. financial stocks led the decline on worries any French bank problems could spread to them.

source

Issachar

[Issachar]

Re: August 9 Markets

August 10, 2011 - DOWn down about 520; Nasdaq down about 102 and gold over $1800.00.

Fun. Not. But inevitable given all the phony money being made.

Issachar

[Guest]

Re: August 9 Markets

Limbaugh said Goldman Sachs sent an e-mail to its clients that there will be a QE3, and that is why the market went up yesterday, not because Bernanke said no interest rate hikes for two years (Yeah, sure. I believe that. Odd that two years will take us beyond the 2012 elections.) Not sure that is the reason since another QE would slide us into further debt and devalue the dollar even more, but regardless, reality returned today. I hope many WEDGIES heeded my advice a couple of months ago to get out of equities, short the market, and move into cash.

WLNF

[Butterfly]

Re: August 9 Markets

Headline news. Are they kidding, Iss? How can they justify that. Everything is a farce, a magic show, a make believe world.

Is this a ploy to manipulate the stock market? The stock opened this morning DOW more than 100 pts down and after the report they're coming back up? How do you think the stocks will do at end of day?

Fitch Affirms U.S.'s ‘AAA’ Rating, Says Outlook Stable

Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago.

Fitch said the outlook for the rating was stable.

[Issachar]

Re: August 9 Markets

Hello Butterfly.

The answer to your questions lies in the last sentence of the article at the link you provided.

Moody’s reaffirmed the U.S.’s top AAA ranking on Aug. 8, citing the U.S.’s status as printer of the world’s reserve currency.

Note; "as printer." The whole system lies in darkness because it is "of the world" and the whole world lies in wickedness.

1 John 5:
19 And we know that we are of God, and the whole world lieth in wickedness.
20 And we know that the Son of God is come, and hath given us an understanding, that we may know him that is true, and we are in him that is true, even in his Son Jesus Christ. This is the true God, and eternal life.
21 Little children, keep yourselves from idols. Amen.

Those that make up Fitch .. as well as any other "ratings agency" .. have a lot to lose if the markets crash. That is why S&P is also being disingenuous by only lowering the rating to AA. If we, as individuals, families .. small businesses .. had the equivalent issues going on as does the government, no one would loan us ten bucks. Our "credit rating" would be zip.

The reason they have to lie though is because everyone knows what will happen if the government could not pay bills and/or the USD collapsed. The riots would be, imho, unprecedented. If the ratings agencies were/could be honest, no one would loan the U.S. government even a penny and without borrowing, not much could be paid. Yes, we borrow that much.

Principles that cannot be successfully violated:

Deuteronomy 28:
1 And it shall come to pass, if thou shalt hearken diligently unto the voice of the LORD thy God, to observe and to do all his commandments which I command thee this day, that the LORD thy God will set thee on high above all nations of the earth:
2 And all these blessings shall come on thee, and overtake thee, if thou shalt hearken unto the voice of the LORD thy God.

15 But it shall come to pass, if thou wilt not hearken unto the voice of the LORD thy God, to observe to do all his commandments and his statutes which I command thee this day; that all these curses shall come upon thee, and overtake thee:
16 Cursed shalt thou be in the city, and cursed shalt thou be ...

Issachar, believes that today's markets will either go up a lot, or down a lot, or remain mostly unchanged .. they are so manipulated now that an educated guess is of no value .. Recommend: stay out. Invest in something tangible ..

[Guest]

Re: August 9 Markets

Issachar, doesn't believe interest rates will remain fixed for two years (after next election) any more than it will rain 10 days from now because that's what the weather man says today ..

Maybe this is a set up for all of those businesses, allegedly awash in cash, afraid to make new hires. Now Obama can continue to villainize businesses because they still won't hire, and get his ratings up, although he has guaranteed them stability for 2 years. Most business owners are not that stupid but the voters, who only listen to the MSM, are!

He is hoping to convince these same voters that taxing small businesses making $250,000 or more is not a job killer! I hate to see the pain, but maybe it is best that he get his way, which will increase unemployment, and assure his defeat? Or maybe, he realizes that Congress won't fall for this but he can use it to continue to villianize them, as the MSM gives him an out?

[Issachar]

Re: August 9 Markets

Or maybe, he realizes that Congress won't fall for this ...

I don't think I'd count on that one.

Or maybe businesses will count on this "stability" and hire and he'll get reelected before the cat is out of the bag?

Weird these days ...

Issachar