2010 WAS A FANTASY YEAR FOR WALL STREET...
2011 WILL BE THE A NIGHTMARE YEAR...ALL OF THE BAD STUFF IS IN PLAY...BUT IT SIMPLY HAS BEEN IGNORED IN THE MEDIA...
ITS AS IF...ALL SINS ARE FORGIVEN AS LONG AS THE FED CAN PRINT MONEY WITHOUT REGARD TO ANY LIMITS OR CONSEQUENCES...
OF COURSE THE CONSEQUENCES ARE STARTING TO ADD UP...OIL, GOLD, GAS...ETC... BUT THAT HAS BEEN IGNORNED...AS LONG AS THE BONDS ARE BEING BOUGHT...
OF COURSE THE BONDS ARE BEING BOUGHT BY THE FED...! WITH MONEY IT JUST PRINTED...!
AND THAT MONEY IS SITTING IN BANKS...WITH NO PLACE TO GO EXCEPT TO CHINA OR TO COMMODITIES...
AND IT HAS BEEN GOING TO BOTH...!
THE SEEDS OF THE COLLAPSE HAVE BEEN PLANTED...AND THE FIRST SHOOTS OF THE NEXT CRASH ARE STARTING TO PUSH THROUGH...
ULTIMATELY...$4 GAS WILL END THE FANTASY...JUST LIKE IT DID IN 2008...
I WOULD EXPECT A HUGH DECLINE IN STOCKS AT THE BEGINNING OF 2011...AS PMS "TAKE PROFITS" AND GET INTO THE NEXT TRADE WHICH WILL BE HARD ASSETS AND MAINLY GOLD...
I WOULD EXPECT GOLD TO SOAR THROUGH 1500 BY THE END OF JANUARY...
AS THE NEW GOVERNORS IN THE STATES ANNOUNCE A COLLAPSE OF PUBLIC FINANCE...
GOLD AT $2000 SEEMS TOO LOW FOR 2011... I WOULD EXPECT $3000 FOR GOLD IF THE BUYING PANIC KICKS IN AS EXPECTED...
