THE MARKET IS CRASH-PROOF NOW... SO WHY ARE PEOPLE STILL INTERESTED IN IT...
WE ARE IN A VERY VERY VERY TIGHT TRADING RANGE AT LEAST UNTIL LABOR DAY... AND PROBABLY FAR BEYOND...
AT SOME POINT EVEN THE PROS WILL GET BORED... BUT WITH THE FED COMPLETELY IN THE BUSINESS OF PROTECTING WALL STREET AT ANY AND ALL COSTS...
LIKELY THE NEXT REAL CRISIS WILL BE WITH THE DOLLAR VIA THE OIL MARKETS...
AT SOME POINT THE CAMELS BACK WILL BE BROKEN BY THE MASSIVE INFLOW OF PETRO-DOLLARS...HOT OFF THE B-MAN'S PRINTING PRESSES...
WE AIN-T THERE YET... BUT WE GET CLOSER TO THAT CRISIS EVERY DAY...
AT THAT POINT OF COURSE YOU'D WANT TO BE TOTALLY IN GOLD...AND WATCH CAREFULLY FOR A FED EPIPHANY THAT THEY MUST START RAISING RATES...1970'S STYLE TO PROTECT THE DOLLAR AND GET THE COMMODITIES INFLATION UNDER CONTROL...
THEY AIN'T THERE YET... SO....
IT'S JUST ANOTHER FUCKIN WONDERFUL DAY IN MARGARITAVILLE...!
