Monday, November 8, 2010

QE2 is so last week - Bring on QE3

From, By: Jeff Cox

Now that the Federal Reserve has crossed the Rubicon into its next round of monetary stimulus, the only question for investors Thursday seemed to be what's next.

"They're already talking about QE3," said Dave Rovelli, managing director of US equity trading for Canaccord Adams. "Eventually we're going to be printing so much money the dollar is going to really go down and everybody's going to try to deflate their currency against us. I just don't know how this could end well."

For the time being, though, concerns about inflation were out of investors' heads as speculation grew rampant that the Fed has sent an unmistakable signal that it stands at the ready with as much easing as needed to restart the in full

Show Me the Money - Currency Wars and Foreign Currency

The latest musing from cycles guru Martin here

Banging the drum on Iran

~ yes, how dare Iran increase it's gold reserves or contemplate selling oil for Euros or Yuan, they must choke on more US$ or else!

From Huffington Post:

Sen. Lindsey Graham, a South Carolina Republican who sits on the Armed Services Committee and the Homeland Security Committee, said Saturday the U.S. should consider sinking the Iranian navy, destroying its air force and delivering a decisive blow to the Revolutionary Guard.

He says they should neuter the regime, destroy its ability to fight back and hope Iranians will take a chance to take back their on