What, if anything, are people buying today in this 2 day selloff?, page-213

@wombat53 I used to stress on the dangers of the stock market collapsing post GFC having experienced the full force of the bears. We came close to a complete melt down but history have shown that when CB steps in, shaken or broken sentiment/confidence remains intact after painful hair cuts. As @Infose guru Nobel Economic prize professor (famous name that I just can't recall the name!) has explained that QE is not hyper inflative let alone inflative. It is true that US has been running a trade deficit for as long as I can remember with the Japanese brawls on trade talks etc. However as long as USD remains the reserve currency and oil the number 1 energy source the world depends on for daily survival to power its industries, mass people movements etc, US can run a sustainable deficits relatively speaking for a very long time.

The IOU rate of 10year bonds remains under 2% yield, so there isn't a problem. Should the yield rise, it means the economy could inflate its way out of all these massive debts. In my life time I can't remember the last time the global economic powers were yearning for inflation!

I am having a 2 way bet that gold will rise together with stock markets but I am not sure on the resource sectors. I just can see much growth in demand with the amount supply constantly being forced to the markets because all producers are in $ profit survival mode. Margin, what is that? HeHe