A silvertard post made at Godlikeproductions.com

 
Crash Alert

The big news today and tomorrow is not the Fed meeting. I have received calls and e-mails asking what I thought the Fed would do. I have had others pontificating that the Dollar would do this or Gold do that in the aftermath. Who cares? I mean really, WHO CARES? We already know that mathematically the Dollar is a dead entity. We already know how this will end financially, so were Gold to drop or explode (actually, should the Dollar do this since an ounce today is still the same ounce tomorrow), what difference does it make?

The Fed is in a box no matter what they say or do. They will be forced to QE in the form of buying any and all Treasury securities that are offered and not purchased by the market place (our creditors). This is an absolute...

...Folks, what we are in for is worse than ugly. The financial system is in the process of going upside down, “the state” everywhere is preparing for this through control of everything and the makings of a war over religion could ignite at any moment for any reason no matter how small. I do not often and have only 3 times in the last 5+ years issued a “crash alert” but we are there again. We are spinning out of control and the “handlers” have too many balls juggled up in the air at one time, make sure that whatever preparations you plan to make…are completed by the weekend.

[link to blog.milesfranklin.com]

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Citi: If NEW QE, Then Buy Gold

CITI: ..."the risk that the assets that will benefit are those sensitive to liquidity, such as money substitutes and Treasuries, rather than assets that are sensitive to real business cycle expansion."

Citi has finally figured out that the Fed will be unable to herd cats and instead of investors positioning to buy the assets that the Fed demands they should buy, i.e., stocks with a 100X P/E, a far simpler trade will be the one that has worked for years - to simply frontrun the Fed in what it will buy, as explained here months ago, when we showed why the performance of the long-bond has surpassed that of the S&P by a factor of almost 200%.

Second, and more importantly, let's recall that "money substitutes" = gold [silver]. So... Citi basically said that tomorrow Ben Bernanke is about to (again) become a goldbug's best friend.

[link to www.zerohedge.com]

source: http://www.godlikeproductions.com/forum1/message1986455/pg1