Friday, March 18, 2011

MARKETS RELY ON CENTRAL BANK "PUTS"....

WITH BOTH JAPAN AND THE US PRINTING MONEY LIKE MAD...THE MARKETS HAVE "PUTS" IN ASIA AND IN THE US...

LIKELY THIS WILL BE WHAT IS NEEDED TO PUT GOLD AND OIL TO RECORD HIGHS...

THE MIDDLE EAST IS STILL IN CHAOS...DESPITE THE JOY ABOUT THE LIBYAN "NO FLY ZONE"...

BETWEEN THAT AND THE MONEY PRINTING...GOLD AND OIL REMAIN THE ONLY REAL "INVESTMENTS"...

AS TO THE MEGA-VOLATILITY... THE FLASH TRADERS ARE LOVIN IT...! WATCH FOR TRIPLE DIGIT SWINGS INTER DAY AND INTRA DAY FOR THE DURATION OF THIS BUBBLE...

THE REAL ECONOMY WILL STINK...THAT IS A GIVEN...BUT THAT IS WHY THE MONEY IS BEING PRINTED IN THE FIRST PLACE...TO KEEP ASSET PRICES UP...IN A REAL ECONOMY THAT IS NEAR FREE FALL...