Former Chairman of the Federal Reserve and Master of the Financial Universe, Paul Volcker, said this morning:
"We are back in the 70s or worse if confidence in the Federal Reserve is lost."
This means to me that we are back in the 70s.
Watch out far, far below if the CONSEQUENCES of the Fed actions are realized. They will be!
I listen when Paul Volcker speaks, and I suggest you do the same. It was Paul Volcker who motivated traders to leave gold for 15 years.
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The information posted on this blog should NEVER be taken as advise to buy or sell securities, options, currencies or futures. This blog is for my entertainment only, as I map out my feelings about the stock, options, futures and currency markets.
You should always make your own trading an investment decisions after you carefully think through the risks involved.
You should always make your own trading an investment decisions after you carefully think through the risks involved.
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- MarketJEDI
- Charlotte, NC, United States
- Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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