Wall Street update and thoughts by Qsilver on globally coordinated debasement

BOJ announces 555 TRILLION MOREQE/STIMULUS OR APPROXIMATELY 750 BILLION US DOLLAR EQUIVALENTS

Solets take a step back and look at the past two weeks, and how muchcertain countries have printed in USDterms..........

UK......................625BILLION
EU......................(No official number but based onanalysis of what they have done this year) 1.2 TRILLIONDOLLARS
US.......................480BILLION
JAPAN..................555 BILLION

So by my countthat is about THREE TRILLION DOLLARS IN 2 WEEKS

Silver hasmoved UP 1.50 during this time
Gold has moved UP 75.00 duringthis time
Platinum had moved UP 50.00
WTI Crude has moved DOWN2.00
SP 500 moved UP 50.00
The Euro is up 4 full cents
ThePound is up 4 full cents
The Yen is is down fractionally less thanone full yen
copper is up 30 cents or ten cents so it is the bestperformer of all!!!!

So Precious metals are pretty muchunchanged in Europe and Britain, the two countries who unleashed themost money
Gold is strongest in Japan
Gold is second strongestin the US

It appears to me that there is some higher power atwork, or the machines simply just don’t get it

It isbecoming more evident day by day that this is a GLBALLY COORDINATEDEFFORT to stimulate the global economy and as desperate a measure asI have seen as a trader since 2008

We keep hearing that theDollar and Yen are funding currencies, but with all rates in thesecountries somewhere between 10 basis points and 50 basis points, allcurrencies have become funding currencies, it just depends where youlive

Over the past two weeks, I have suggested protecting onesPM holdings, as an attack is imminent, as they are not really risingwith 3 TRILLION thrown in the market

If I were to make aneducated guess, I think China will lower reserve requirements andrates very soon, and India may do some stimulus too.

GOLD ISBACK KNOCKING ON THE DOOR OF ALL TIME EUROPEAN HIGHS

Optionsvols have retraced in Gold back to the mid teens, and Silver is backin the mid to high 20's vol wise

Just some observations, butif everything is so good why is this Global debasement occurring?

Istill believe having some insurance on one PM is warranted


5 years ago having Globally coordinatedefforts of this magnitude was unheard of, now TRILLION is part of theeveryday bubblevision vocabulary

Just my thoughts andobservations, but I think people are really going to have to get usedto seeing European currencies down while PM's shine

The goodnews is Gold and Silver are consolidating near there highs in USDterms, the bad news is what more do we need for them to goup??????????????

How much more stimulus is going to beannounced in the next few months, I cant imagine all that much

Ohand COMEX Silver stocks are slowly winding lower now under 200million oz of Silver vs 255 million back 45 days ago

sosomeone is taking delivery

Wow......................6 moremonths like that, and the COMEX stocks could actually be ZIRP


To see the Global central banks pumpout 3 trillion is unheard of in an economy that according tobubblevision is doing great

I still think an attack oncommodities is coming they already picked off WTI Monday, ThenPlatinum Tuesday, What will happen Wednesday????????

I thinkdips one should purchase calls

Platinum back to 150.00discount to Gold still looks really cheap and Copper has finallycaught up to the pack

Conclusion is that one should be verycautious with any holding you have

And there really is onlyone HARD ASSET that needs to do some catch up PHYSICAL REAL ESTATE

It has some how been overlooked in this reflation over thepast five years

Sincerely,
Qsilver

 

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I've been thinking about REITS for a few months. It is something that I've shunned since 2006 when I thought that they were way over priced. I think that you may be right about real estate over the next couple of years. They are already heading north and it may be a good time to jump in again.

 

Was there ever a time when people should NOT have been cautious with any holdings they had?

 

I've owned quite a few reits over the years, but I honestly can't figure out what the values are anymore so I avoid them.

 

I could approach this from one of two angles.

1. Because that's how you get rid of the middle class and return to feudalism.
2. Manufacturing indexes are on the decline and are a good enough excuse for those who don't realize that the problem is not liquidity, it's velocity.

If they would allow things to deflate people would spend more and manufacturing would rise. They are in fact making that aspect worse, but the real reason is #1.