Thursday, June 14, 2007

THE STREET IS PREMATURLY CELBRATING END OF BOND CRASH...

AS I SAID DURING THE GREAT BLOW OFF TOP THIS SPRING...THIS MARKET CAN NOT AFFORD TO GO DOWN FOR EVEN ONE DAY WITHOUT CONSEQUENCES...

WHAT'S HAPPENING NOW IS PURE MADNESS...AND ONLY A FOOL WOULD WADE INTO THIS SWAMP IN HOPES OF MAKING MONEY...

BEST TO JUST WATCH FROM THE SIDELINES...  THIS IS AN INFLEXION POINT THAT COMES ONLY ONCE EVERY TEN OR TWENTY YEARS...  THE COMING VOLATILITY WILL BE MIND BOOGLING...  

THE ONLY LONG TERM INVESTMENT IS PROBABLY GOLD UNDER THESE CONDITIONS BECAUSE WE KNOW THAT RATES WILL INCREASE AND STOCKS WILL FALL DURING THE COMING DOLLAR DEVALUATION WHICH IS INEVITABLE...