2010 WAS THE MOTHER OF ALL BAILOUTS...
ALMOST NOTHING ON MAIN STREET WAS POSITIVE...
ALMOST NOTHING ON WALL STREET WAS POSITIVE EXCEPT THE MASSIVE AMOUNTS OF MONEY THE FED AND WASHINGTON PUSHED INTO THE HERMETICALLY SEALED MARKETS...
THE MIRACLE WORKED...! A NEW BUBBLE IN A VERY VERY PUNK ECONOMY...
THE QUESTION IS WILL THE RETAIL SUCKERS CHASE THE BAILOUT BUBBLE...INTO 2010.
I DON'T SEE IT... THE RETAIL SUCKER IS WHIPPED...THEY HAVE NO MONEY...THEY LOST IT ALL IN THE LAST BUBBLE...OR IN THE HOUSE COLLAPSE...
I JUST DON'T SEE THE RETAIL SUCKER COMING BACK... AND IF THE FED STARTS TO TAKE SOME CHIPS OFF THE TABLE...THE "SMART MONEY" WHICH SAW THE NEW FED BUBBLE COMING...WILL EXIT THE PAPER ASSET MARKET ASAP...
THE RISE OF GOLD...WAS THE REAL BIG STORY OF 2009...BUT THE DOLLAR SHORT SQUEEZE ENDED THAT STORY...TO EMPHASIZE THE "MIRACLE RECOVERY" ON WALL STREET...
THAT COULD ALL REVERT TO A MORE REASONABLE POSITION EARLY IN 2009...
LOOK FOR A RETURN TO THE GOLD TRADE...AS THE FED DISCOVERS THE NEXT BIG THING...FOR 2010.
STAGFLATION...!
