WALL STREET'S WILD SUCKER RALLY ABOUT NOTHING COULD END NEXT WEEK AS THE TAX SEASON ENDS AND THE 401K SUCKERS QUIT BUYING "AT ANY PRICE."
ANY MARKET THAT CAN RALLY ON NO NEWS OR EVEN ON BAD NEWS IS SUSPECT...
THE DOLLAR IS PLUNGING. OIL AND GOLD ARE SOARING. REAL ESTATE IS IN CRITICAL CONDITION. AND BUSH'S UNFUNDED UNWINNABLE WARS ARE SPIRALING OUT OF CONTROL!
SO....WHAT'S NOT TO LIKE! BUY STOCK SEEMED TO BE YESTERDAYS ANSWER...
I'VE SEEN THIS SITUATION BEFORE... AND I KNOW IT ENDS BADDLY... THE MAIN PROBLEM IS THAT THE US DOESN'T REALLY HAVE AN UNDERLYING ECONOMY THAT IS "VALID" ....THE US IS TOTALLY DEPENDANT ON THE SPECULATION "CASINO" TO PRODUCE IT'S INCOME...
FIRST IT WAS THE DOT COM BUBBLE... THEN THE REAL ESTATE BUBBLE...
NOW THE ENTIRE OPERATION IS RUNNING ON FUMES...HYPE, HOPE, AND HYPERLIQUIDITY TRAPPED ON WALL STREET WITH NO PLACE TO GO...
BUT THE ENEMY IS AT THE GATES... A MASSIVE INFLATION LOOMS IN THE FORM OF STAGFLATION!
STAGFLATION IS HOW MODERN PAPER MONEY ECONOMIES "DO DEPRESSIONS" IN THE POST GOLD STANDARD WORLD...
