AT THIS POINT ONLY THE BOND MARKET OR GAS PRICES CAN STOP THE MARKET... UNFORTUNATELY ALL THE MARKET CAN DO ON THIS "FAKE" ECONOMIC DATA ...IS TREAD WATER...
VERY RANGE BOUND...WAITING FOR THE NEXT SHOE TO FALL IN 2011...
ONE THING IS CERTAIN...IS THAT CONGRESS UNDER THE TEABAGGERS WILL NOT CUT ANY SPENDING...
CONGRESS IS SO DYSFUNCTIONAL NOW...THAT IT CAN ONLY CUT TAXES...BUT NOT SPENDING...
THIS IS NOT A CONGRESS THAT IS UP TO THE TASK OF HARD CHOICES...EVERYONE IN CONGRESS IS SCARED SHITLESS THAT THEY WILL BE THE ONE TO BE TRASHED BY FOX....
THE RATIONAL NEWS OUTLETS LIKE MSNBC, CNN AND OTHERS SIMPLY ARE NOT A FACTOR IN PUBLIC OPINION...
ONLY FOX CAN MOVE THE VAST SEA OF IGNORANT AMERICANS WHO MAKE UP THE "ELECTORATE"...
STUPIDITY IS THE ONLY THING AMERICA HAS IN SURPLUS... INDEED AMERICA'S MAIN EXPORT IS STUPIDITY AND BOGUS FINANCIAL PAPER...
STICK WITH GOLD ON THE DIPS...
THIS THING IS GOING TO TAKE A WHILE TO SHAKE OUT... EVERYONE KNOWS THAT THE US ECONOMY IS DOOMED...ONLY "NOT YET"...
WHAT IS NEEDED TO MOVE THIS THING FORWARD IS AN EVENT LIKE THE $4 GAS IN THE SUMMER OF 2008...WHICH PRESAGED THE BIG COLLAPSE BY A FEW MONTHS...
I WOULD EVEN SAY THAT OIL IS THE NEW "BLACK CANARY" IN THE ECONOMIC COAL MINE...
IF THE FED CAN KEEP GAS UNDER $3.50 PER GALLON IN THE US...THE QE BULLSHIT CAN CONTINUE...
IF GAS GOES ABOUT $3.50...TO $4...?
HEAD FOR THE EXITS... EVEN GOLD MAY NOT SURVIVE THAT...AS THE FED WILL BE FORCED TO "GET REAL" ABOUT INTEREST RATES...AND THAT COULD SMASH COMMODITIES WHICH HAVE BEEN RISING FOR A COUPLE OF YEARS...ON THE EVER LOWER FED RATES...
