Tuesday, March 25, 2008

WALL STREET HAS BEEN DE-COUPLED FROM THE REAL ECONOMY

STOCKS CAN NOW RISE NO MATTER WHAT THE REAL ECONOMY DOES...

THE REAL ECONOMY NEVER WAS THAT IMPORTANT...TO STOCKS.

BUT RECENTLY WE HAVE BEEN LOOKING AT THE CONSUMER AND THE HOUSING NUMBERS...

AND THAT TEMPORARILY DISTRACTED THE STREET FROM IT'S REAL JOB...WHICH IS PAPER ASSET INFLATION TOTALLY WITHOUT REGARD TO WHAT'S GOING ON IN THE REAL ECONOMY...

WE ARE BACK TO WHAT HAS PASSED FOR NORMAL FOR THE LAST TEN YEARS OR SO...

NO PROBLEMS ON WALL STREET FOR THE FORESEEABLE FUTURE!!

BUT THE FED SIMPLY MUST KEEP THE GOLD BASHING TRADE GOING...NO MATTER WHAT...

ANY RETURN TO GOLD BUYING WILL STOP THIS NEW BULL MARKET IN IT'S TRACKS... THIS MARKET IS COMPLETELY DEPENDANT ON THE FED LOWERING RATES AT THE SAME TIME IT BASHES GOLD BIG TIME...

ANY UP CREEP IN GOLD WILL START TO TAKE STOCKS DOWN...FOR SURE.