Biderman's Daily Edge 1/23/2012: Nothing Has Changed But Bulls Becoming More Bullish

[najleonard]

Hi Charles, are you surprised that both Nov and Dec numbers were revised upward with the Jan 2012 NFP numbers?

[ClearSmashDrop]

How bullish can another round of QE3 be? Each session of QE should have diminishing effectiveness.

[Robonza]

@ClearSmashDrop Right you are. The point is, betting on the stupidity of Government and the Fed is "the trade". That is what I have been doing for years.

[Robonza]

Nice to have you back Charles. Something of interest to read... Google up

"The ECB's exclusive party" by Cam Hui

It basically looks like QE3 by stealth. I am also very interested in your opinion on the USD/deflation eveyone talks about. There is a lot of comparison to 2008.

My gold and silver did great the year already. I sold a small bit with hopes of buying it back again. Still holding plenty though. Cheers mate.

[kcirdrab]

Good upload

[farmjohnny]

Thank you Charles



[huskerbird1]

Here in my little town we have several new businesses being built!!!!!!  ALL OF THEM ARE BANKS AND ONE IS A NATIONAL HEADQUARTERS!!!!! Here in good ol oklahoma, and not tulsa or okc. Go figure. Oh and oil seems to be profiting. We are fucked, so royally.