Comments On The Fed – All I Needed To Hear

Well that certainly was a breath of fresh air.

In case you don’t spend your time pouring over “Fed Statements” or inturpurting these types of things ( lucky you )…let me simplify.

The Fed’s general angle was hawkish….ie……the suggestion that a time to “reduce the balance sheet” is now upon us suggesting that a current holder of 4 TRILLION DOLLARS WORTH OF U:S ASSETS  ( The U.S Fed – a privately held bank currently paying out 6% dividends to it’s shareholders ) will soon become a “net seller” as opposed to the last 6 years functioning as a “net buyer” of U.S garbage.

You didn’t get that? CNBC didn’t take a little silver spoon and put it up to your mouth?

Im shocked.

Ignore the short term reaction…..ignore Jackson Hole and the “next line of commentary”….

I’ve heard all I need to hear.

Bravo Janet! Bravo!




3 Responses

  1. Freddo August 20, 2014 / 8:33 pm

    Exactly how does a Gorilla trade?

  2. Joe August 20, 2014 / 11:12 pm

    Kong.. UJ about to break 104 soon, are you short equities as well? Gary looks to be on the winning side of this battle…

    • Forex Kong August 21, 2014 / 12:05 am

      Upside targets reached…but no new trades initiated as of yet ( you’d know this of course….if you where a member )

      I will be short equities very soon yes.

      I wish everyone the very best of luck with their trading…..

      From a psychological perspective…perhaps “you” are involved in some battle no?

      Perhaps the coming rains there in Vancouver area already on your mind?

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