AND LAST WEEK THE MARKET RALLIED BECAUSE THE FED WOULD CUT...
ANY QUESTIONS...?
THIS IS A MARKET DRIVEN BY PURE GREED...AND THE DELUSION THAT ASSET PRICES CAN BE DIVORCED FROM THE REAL ECONOMY....
WELL GLOBALISM HELPED ENABLE THAT DELUSION FOR A WHILE...
BUT A DELUSION IS STILL A DELUSION...
AND THE DOLLAR PLUNGE CONTINUES TO PAY FOR ALL THIS DELUSIONAL MADNESS!
THE DOLLAR PLUNGE IS THE BIG "TAKE AWAY" STORY...THE DAILY INSANITY ON THE STREET IS JUST THE DAILY WEATHER REPORT...
IT'S LIKE GLOBAL WARMING VS. THE CURRENT HIGH PRESSURE CENTER THAT IS GIVING US A DELIGHTFUL FALL WEEKEND...
ONE IS PERMANENT AND SERIOUS...THE OTHER IS "JUST LUCK!"
IF YOU'RE A DAYTRADER...JUST LUCK WILL DO...
IF YOU'RE A LONG TERM INVESTOR...YOU WANT SOMETHING PERMANENT, REAL AND BASED ON A VALID MACRO-ECONOMIC THEORY OF VALUE...LIKE GOLD AND OTHER HARD ASSETS THAT ARE BEYOND THE CENTRAL BANKERS AND OTHER "SPECULATORS" ABILITY TO CONTROL LONG TERM.
