AMAZINGLY GOLD AND STOCKS CAN SOAR TOGETHER...
AS LONG AS THE FED PROMISES TO PRINT MONEY LIKE MAD...THERE IS NO REASON THE ASSET INFLATION CAN'T CONTINUE...
IN FACT, THIS WAS THE ENTIRE BASIS FOR THE 2007 "RALLY" IN STOCKS...NAMELY THE DECLINE IN THE VALUE OF THE DOLLAR AND THE INCREASE IN OTHER ASSET PRICES IN THE COMMODITY AREA...LIKE GOLD AND OIL, ET AL...
WITH THE DECLINE OF THE DOLLAR THE DOW CAN "LOOK" NOMINALLY HIGHER AND REALLY NOT BE...
BERNANKE IS JUST SHORTENING THE "YARD STICK" BY WHICH WE MEASURE OUR ASSETS...SO NOW EVERYTHING LOOKS "LONGER" THAN IT REALLY IS...
BUT THIS IS THE LAST DITCH BULLSHIT THE FED CAN OFFER THE AMERICAN STUPIDS...THE QUESTION IS WILL THE REST OF THE WORLD GO ALONG...?
I DOUBT IT... MOST OF THE WORLD KNOWS ABOUT AMERICAN STUPIDITY BY NOW...IT'S NO SECRET!
