Wednesday, March 27, 2013

Fed-Inspired Funny Money #StockMarket Bubble set to Continue Upwards?

The next 3-5 business days should either confirm or dispel notions that the US stock bull market still has a long way to run.  Based on the net money creation in the US, Japan, and the Eurozone, plus the highest net long position of large market #speculators since the 2009 doji that marked the market bottom then, my bet is that 2013 is going to be a very good year for stock #investors.
Of course, all that money (2 trillion and counting) printed out of thin air by our self-proclaimed financial "geniuses" at the #FederalReserve HAS to go SOMEWHERE!  As the Fed races to devalue the US Dollar, the cost of real stuff (like stocks, and gas, and food, and energy) just keeps going up, up, UP!  It's Econ 101.

The stock market might prove to be the best ride this year, but, overall, I'm still betting on the value of precious metals (the REAL money), especially silver, and other commodities, like food, considering we are on the verge of a global food shortage catastrophe that is likely to evoke civil unrest and outright warfare over access to water and food...

We'll have to wait and see how it all pans out, I guess.  Good luck placing your bets.

No comments:

Post a Comment