It's day number one of a market top. We will see if day 2 continues lower or if the bull continues to want to buy every dip. They can't put off the systemic risk of Greece and Europe forever and continue to hind behind stimulus injections into the futures markets.
Nice video Charles. Keep in mind that if the Fed goes print crazy that stocks will go up in nominal value while the Dow to gold ratio will decline. Measuring equities in real assets versus paper will be interesting to watch.
We missed your videos while you were away. I hope you had a good time. What a great week in gold and silver eh?
disagree 3:18 on... Washington is controlled by Wall Street... 'Washington' doesn't print money, the Fed does, and the Fed is literally, not just figuratively owned by Wall Street... Also the Washington bailout was miniscule in comparison to the Fed bailout.
@kcirdrab I saw it right there on the Fed website, that the 12 regional Federal Reserve banks are owned by the private banks in their region... The New York Fed is the most powerful, and it is owned by the Wall Street banks. Jamie Dimon is on the board of the New York Fed forchristsake!. The Fed also prints money to buy mortgage backed securities, not just treasuries... It's a bit of a worry that Biderman doesn't know this.
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I like the video, thanks for sharing
StockMarketFunding 1 month ago
I dont think Mr Biderman knows of Ron Paul.
EMPIRE0FLIES 1 month ago
It's day number one of a market top. We will see if day 2 continues lower or if the bull continues to want to buy every dip. They can't put off the systemic risk of Greece and Europe forever and continue to hind behind stimulus injections into the futures markets.
StockMarketFunding 1 month ago
Common sense is rare, thank you Charles!
CrooksWithoutBorders 1 month ago
Excellent video. Thanks for sharing, Mr. Biderman.
Ivanovich71 1 month ago
Why dont you support Ron Paul?
Scaraflipper 1 month ago
all markets trade their way to perdition . in other words, get the hell out .
lynnybee888 1 month ago
Nice video Charles. Keep in mind that if the Fed goes print crazy that stocks will go up in nominal value while the Dow to gold ratio will decline. Measuring equities in real assets versus paper will be interesting to watch.
We missed your videos while you were away. I hope you had a good time. What a great week in gold and silver eh?
Robonza 1 month ago
Quality upload, YT at its best
kcirdrab 1 month ago
disagree 3:18 on... Washington is controlled by Wall Street... 'Washington' doesn't print money, the Fed does, and the Fed is literally, not just figuratively owned by Wall Street... Also the Washington bailout was miniscule in comparison to the Fed bailout.
robertplant634 1 month ago
@robertplant634 true
kcirdrab 1 month ago
@kcirdrab I saw it right there on the Fed website, that the 12 regional Federal Reserve banks are owned by the private banks in their region... The New York Fed is the most powerful, and it is owned by the Wall Street banks. Jamie Dimon is on the board of the New York Fed forchristsake!. The Fed also prints money to buy mortgage backed securities, not just treasuries... It's a bit of a worry that Biderman doesn't know this.
robertplant634 1 month ago