Sept 21 2011 Reuters -- Jim Rogers : I do not pay attention to it ( Operation Twist ) bernanke is there printing money again , he has already started quantitative easing again , he already announced in August that he will keep interest rates low , you cannot do that Ronda unless you are in the market you cannot just say the word Ronda 'interest rates will stay low' you have to be in there and if you do not believe how monetary theory works just go and look M2 numbers starting at the beginning of August when he said that M2 numbers jumped up the monetary base jumped up a lot , so he is in the market he is manipulating the market he is flooding the market with money again none of this is going to do good for the US it's all going to end very badly ....
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Showing posts with label Operation Twist. Show all posts
Showing posts with label Operation Twist. Show all posts
Friday, September 23, 2011
Thursday, September 22, 2011
Bob Chapman explains Operation Twist
Bob Chapman - a Marine Disquisition - 22 Sept 2011
Bob Chapman : Operation Twist is where the FED creates money out of thin air and goes into the Bond market and holds up or makes static the prices on short term bills up to the two years bills at the same time they expect to go in the long into the market which is 5 years notes 7 years and 10 years notes and they are going to buy them to make the yields go down and they will probably do some thirty years bond as well as you can see they have different names bills notes and bonds , what they are going to do is force long term bond prices up to make the yield go down ( one is inverse to he other )
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