THERE IS A PRICE TO PAY FOR ALL THE HAPPY TALK ON WALL STREET...
AND IT'S A NEW SURGE IN OIL AND GOLD... BUT THIS IS EXACTLY WHAT HAPPEN LAST YEAR...
REMEMBER GOLD AND OIL WERE RISING ALL OF 2008...RIGHT UP TO SEPTEMBER 15...
MY THEORY IS THAT THE $4 GAS WAS THE REAL CAUSE OF THE "MELTDOWN"...AND NOT THE COLLAPSE OF THE SECURITIZED DEBT MARKETS... OR RATHER...THE $4 GAS PULLED THE CURTAIN AWAY AND EXPOSED THE DEBT MARKETS TO THE LIGHT OF DAY...WHICH CAUSED THE GREATER FOOLS TO PAUSE...AND ALLOWED THE MARKET TO CRASH...
PUT ANOTHER WAY...
IF GAS HAD STAYED BELOW $4 LAST SUMMER...
BERNIE WOULD STILL BE RUNNING HIS PONZI SCHEME...AND THE DOW WOULD BE NEAR 14,000 AGAIN...
GOLD AND OIL ARE THE ONLY REAL THINGS IN THE EQUATION....
THE REST IS HYPE, TALK AND BULLSHIT....EVEN NOW.
