So now the Fed has said they will operate QE and low interest rates forever (forget the unemployment rate dropping enough to satisfy them - it will not happen now that QE is virtually permanent).
that was not what i read
my take was that for an indefinite period, the fed is going to buy mortgage bonds
while i don't see the benefit of this action for main street, there is no need to misrepresent the fed's intentions
America, as we know it, is now doomed.
ok. answer a simple question. in what other country would you rather have your equity reside?
The days of the U.S. dollar as the world reserve currency are now numbered.
not at all. at one time, the euro was a contender. after what has happened recently across the pond, it will be a while before the euro again gains prominence
what other currency do you propose to replace the US dollar as the world's dominant currency?
Inflation is coming. It is already starting. Forget the government skewed numbers. Look for yourself. It is starting and it - like a cancer - will keep growing, slowly, quietly.
while i agree that the printing of $480 Billion annually to cover the projected bond purchases will be inflationary, let's examine the size of that infusion relative to a $15 Trillion economy: it's 3.2%. doesn't seem to be of such a scale to warrant the panic you are experiencing
Buy gold, silver, commodities (especially agricultural), possibly certain types of real estate and solid stocks that are inflation-proof.
what i notice is the ratcheting up of gold and silver values when the world's economy is unpredictable. as the economic future becomes more calm do you really think precious metals are going to hold their value
real estate is a mixed bag. property in strong locations is appreciating. run of the mill properties should be avoided because the supply exceeds foreseeable demand. well situated rental properties would be wise investments because many who can qualify for mortgages are not buying as they see average homes as unlikely to experience appreciation and those who cannot qualify need a place to rent
Everything else is now guaranteed to be a lousy investment in the long term (though short term they may do well).
you tell us to buy metals. commodities, real estate and equities. what is everything else ... the things you insist will tank
The Fed (and the government that stacks the Fed) has now sealed America's economic fate - the economy WILL collapse.
really, buying mortgage bonds at the rate of $40 billion monthly for a while is going to topple a $15 Trillion economy? i don't see it
Probably slowly. Maybe very slowly. But it is now inevitable (assuming the Fed does what it says - and it almost always does).
why would the collapse of the nation's economy not be expected to happen quickly but only over a protracted period?
Buy hard assets and inflation-proof equities/real estate.
i collect/trade in high end musical equipment. prices are down substantially from before the crash and show no signs of strengthening. so, i'm uncertain what hard assets you are referring to as being desirable investments at this time
And get OUT of U.S. dollars.
the dollar is king right now
what other currency is out-performing it?
Don't say I did not warn you.
appreciate the heads up
that too