the presses are running oly, not Hele Ben's speach this week, they are starting to buy their own debt.
I liken this to you create a product that costs you nothing, sell it to yourself and pay for it with money you've created from thin air....
I think we'll see a moderate retrace in the DX pretty soon, infaltion is already creeping in, here in NZ imported goods are going up in price and the NZD has weakened.
Its a horrible time for those on fixed incomes
CMR Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held