Scribbler de Stebbing
Member
- Joined
- May 12, 2007
- Messages
- 2,657
DOW goes up as the dollar drops. Nothing to see here.
I already tried to liquidate the rest of my 401(k). The company said the only way I can get my money is to terminate my employment, or show a hardship such as my house being on the brink of foreclosure.
I have liquidated my 401(k) in the past, no problem, besides the steep penalties. But I am being told now I can't do it. That seems a little crooked.
This is a FEDERAL RESERVE induced Market Rise.
The word on the street is Inflation is coming big time (courtesy of the FED/US GOV) so everyone earning 1% on the cash assets, rush into the markets.
The investors are realizing that their money is depreciating and they need to maintain valuation by getting into the markets, especially commodities.
Again, The FED is doing this with their Trillions being spent out of thin air.
This is a FEDERAL RESERVE induced Market Rise.
The word on the street is Inflation is coming big time (courtesy of the FED/US GOV) so everyone earning 1% on the cash assets, rush into the markets.
The investors are realizing that their money is depreciating and they need to maintain valuation by getting into the markets, especially commodities.
Again, The FED is doing this with their Trillions being spent out of thin air.
Also bond markets are looking less appealing thus I see more people moving into the stock market.
When in doubt, err on the side of what will fuck in the ass the average guy.
Also bond markets are looking less appealing thus I see more people moving into the stock market