THERE IS VERY LITTLE THAT CAN STOP THE NEW BERNANKE STOCK BUBBLE NOW...
DOW 12,000 BY NEW YEARS EVE SEEMS INEVITABLE...
THERE IS NO NEED FOR PROFITS...BUT OF COURSE PROFITS WILL ALWAYS "BEAT EXPECTATIONS"... THEY ALWAYS DO!
THE FED IS WILLING TO STUFF WALL STREET WITH BOGUS PAPER MONEY...UNTIL BERNANKE GETS BACK THE ASSET INFLATION THAT IS THE BACKBONE OF AN AMERICAN ECONOMY THAT DOES NOT REALLY PRODUCE ANYTHING...EXCEPT ASSET BUBBLES...
THE BERNANKE BUBBLE IS BACK...AND IT'S GOIN TO THE MOON...
DOW 12,000 BEFORE THE END OF THE YEAR...
WHAT'S THE CHANCE OF A REVERSION TO REALITY...? VERY LITTLE...
AS LONG AS THE CHINESE ARE WILLING TO FOOT THE BILL...THE FED CAN JUST KEEP PRINTING MONEY...
YES...ITS ALL FAKE...AND IT'S VERY DANGEROUS...BECAUSE $3 OR $4 GAS CAN SNAP THE AMERICAN ECONOMY INTO THE PRE-NATAL POSITION...QUICKLY...AS HAPPEN IN THE SUMMER OF 2008...
SO OIL HAS TO BE CONTROLLED...BUT I SUSPECT THE FIX IS IN ON OIL...AND GOLD HAS BEEN ALLOWED TO "DE-COUPLE" FROM OIL...
AND AS LONG AS THIS DECOUPLING OF GOLD AND OIL HOLDS...THE DOW HAS NO UPPER LIMIT...
OF COURSE IT'S TEMPORARY... AND THIS IS JUST ANOTHER IN A SERIES OF IRRATIONAL BUBBLES...ONLY ONE OF MANY.
AND WE KNOW HOW THESE BUBLES END...EVENTUALLY.
BUT A LOT OF SPECULATORS WILL MAKE A LOT OF MONEY BEFORE EVENTUALLY HAPPENS...YET AGAIN... AND THE FED EXISTS SOLELY FOR THE BENEFIT OF THE SPECULATING CLASSES NOW.
THE ONLY VICTIMS ARE THE STUPID AMERICAN PEOPLE...YET AGAIN.
BUT AMERICAN STUPIDS ARE TOO DISTRACTED BY RUSH, HANNITY, COULTER ...AND THE OTHER FOX NEWS CLOWNS...TO REALLY CARE AT THIS POINT.
MOST AMERICANS KNOW IT'S OVER FOR THEM ...AND THEY HAVE NO FUTURE...
IT'S OVER FOR THE AMERICAN ECONOMY...NOTHING MAKES ANY LONG TERM DIFFERENCE NOW.
