AND THAT IS BAD...
NEVER HAS THERE BEEN A CONFLUENCE OF EVENTS AS HAPPENING NOW...
THE CENTRAL BANKS...ONCE THE MIGHTY "TAKERS OF THE PUNCH BOWL" SEEM WEAK AND SCARED STIFF...
ANY ANALYSIS OF THE SITUATION USING EVEN BASIC ECONOMIC THEORY...CALLS FOR A DISASTER...
YET THE TOUTS HAVE BEEN TALKING UP THE MARKETS FOR YEARS...AND NO ONE HAS CHALLENGED THEIR LOGIC...
UNTIL RECENTLY...
EVEN THE ACTION IN GOLD LATELY POINTS TO A DOOMSDAY SCENARIO...
THE FLASH CRASH IS FURTHER EVIDENCE THAT ITS GETTING OUT OF CONTROL...
HOW THIS ALL "WORKS OUT"...AND HAPPY DAZE ARE QUEER AGAIN...LIKE BEFORE...
AND THOSE KOOKY, NAUGHTY GOLD BUGS GET SPANKED...
LIKE THEY SHOULD BE...AND ALWAYS WERE IN THE PAST...
IS FRANKLY UNKNOWN AT THIS POINT...