THE POLITICS OF JOY IS THE NAME OF THE GAME ON WALL STREET...AND IN WASHINGTON.
EVERYONE FEELS THAT THE PRINTING PRESS CAN SAVE US...
AND SO ALL CONCERNS ARE MUTED...
IF THE PRINTING PRESS CAN SAVE US...THEN WE ARE SAVED...
IF IT CAN'T THEN WE ARE NOT...IT'S JUST THAT SIMPLE...
NEVER HAS A CENTRAL BANK BEEN SO KEEN TO SEE INFLATION START UP...
THE REAL QUESTION IS WILL THE "NEW NORMAL" JUSTIFY AN EXTREMELY HIGH VALUATION OF ASSETS...OR DO WE JUST REDUCE THE SIZE OF THE YARD STICK THAT WE MEARSURE ASSETS BY...TO WIT: THE DOLLAR.
A WEAK DOLLAR IS ALMOST INEVITABLE AND UNAVOIDABLE....BUT SO MUCH OF THE DOLLAR IS BASED ON ELITE BELIEFS AND NEEDS... AND OTHER INTANGIBLES THAT IT'S IMPOSSIBLE TO PREDICT...
GOLD HAS HUGELY BASHED RECENTLY BY THE CENTRAL BANKS AND THE PPT...BUT OIL WAS BEARLY TOUCHED...
SO $70 OIL IS AT HAND...EVEN WHILE $1000 GOLD IS NOT...BECAUSE OF PPT BASHING.
THIS IS A TRANSITION PERIOD WHERE ALTERNATE REALITIES...AND FUTURES... ARE BEING SORTED OUT BY THE MARKETS...
RIGHT NOW ALL BETS ARE THAT THE PRINTING PRESS WILL SAVE THE AMERICAN ECONOMY.
