Biderman's Daily Edge 12/16/2011: QE3 Inevitable, Wages & Salaries Decline After Two Bad Years

[optionsupdate]

what about the conference board leading indicator?

[BRINK00]

I would agree that QE3 will be coming shortly - the only proof you need is the recent official denial of a QE3 by the Bernanke himself. Anytime they come out with a flat denial - you know that it's already in the works. It doesn't matter how may QE's they have - it will never work - it's a solvency issue not a liquidity issue. Good luck pushing on that string. Only way out is to deleverage by clearing out all of the bad investments/debt - which they won't allow to happen.

[davids11131113]

@BRINK00 'QE3' or whatever you want to name it already had been going on for months, in order to buy billions worth of useless bonds and stocks and bail out world banks under the table. This topic of 'QE' is meaningless, as printing money for free is now the central and really only real part of GDP or any economic activity at all.

[Robonza]

@davids11131113 Yes, you are right, QE3 is going already just look at the M3 money supply chart for proof.

What Charles is talking about is a "bigger" lump sum QE3, this will give your gold and silver a boost. That is what I am betting on. As gold and silver dip I accumulate.

[davids11131113]

@Robonza I dont believe in this idea that there will be another 'lump sum' QE, if they could do it, they already would have done so. Bernank has been FINE letting that idea be out there that its surely coming, just wait another couple weeks or so but 'get in NOW or youll miss it'. Problem is, its very unpopular, most all americans identify FED QE with 'handing money to the super rich', theyre all mistaken, there wont be this '$2 trillion QE3' gift or whatever amount showered on Wall St.

[davids11131113]

You know what gets me about guys like you? Youre not doing anything to stop any of this, you who are in a position to revolt against it and not play the game, but you dont, youre just looking for a way to play it for a profit.

[dv2012]

@davids11131113 What exactly are _you_ doing to stop it, leave comments on YouTube?

[davids11131113]

@dv2012 I guarantee Ive done FAR more than you, Mr Zero-Upload youtube guy at least Ive got up over 350 videos about what has been happening and what TO do and what SHOULD be done since 2008....I see your channel has jack shit uploads, zero....so please DO tell us what HAVE you done? Anything?

[davids11131113]

@dv2012 But see, again you miss my POINT of course....I said guys like Biderman and many others COULD throw a wrench into all this by banding together, and refusing to participate, instead of just however reluctantly going along with it for profits, because we're ALL on the same boat. I called for doing this when they first started talking about all these bailouts and TARPS and QE in fact.