THE BERNANKE FED MOVED TO AN INFLATIONARY POLICY FRIDAY AT IT'S PERIL...
AND ALAS, THE RECENT "RALLIES" WILL BE VERY SHORT LIVED BECAUSE OF BERNANKE'S DECISION TO IGNORE OBVIOUS MACROECONOMIC REALITIES.
BUT BERNANKE IS UNDER PRESSURE FROM THE LIKES OF CRAMER & CO...TO SAVE THE ASSET BUBBLES AT ALL COSTS...
THE PROBLEM BEING YOU CAN'T HAVE ASSET INFLATION FOREVER...EVENTUALLY IT CREEPS INTO THE REAL ECONOMY IN THE FORM OF HIGHER COMMODITY PRICES AND/OR A WEAKER DOLLAR...
ATTEMPTS WILL BE MAKE TO GIVE THE "ILLUSION" THAT THE DOLLAR AND COMMODITIES ARE "OK" WITH THIS MOVE BY THE FED...
BUT ALAS, CREATING ILLUSIONS IS NOT THE FEDS JOB...
THE DOLLAR WILL NOT BE "OK" WITH THE CURRENT FED POLICY IT WILL BE "OD-ed" BY IT....
I SENSE THAT WALL STREET AND INTERNATIONAL CAPITAL REALIZE THAT THIS IS NOT A SOLUTION...BUT RATHER AN ATTEMPT TO ALLOW THE ELITES TO GET ON THE "LIFE BOATS" BEFORE THE GREAT UNWASHED ON WALL STREET AND MAIN STREET...
LAST BEST SELLING OPPORTUNITY MAY BE THIS WEEK...!!
