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  • A Tale of Two Markets: Overvalued Stocks and the Declining Dollar [View article]
    The Fed's & Treasury's E-Z money policies are designed for one, and only one purpose: to save Wall Street's *ss. They "bailed" out GS and the investors in a Reaganite version of Sprinkle Down Economics - and Main Street loses again.

    Given the "doubling" of the monetary base announced early this year, it was a no-brainer that a new bubble would form first & fastest in the riskiest, most speculative (paper) investments. That's Wall Street's product to SELL, after all.

    Starting from 1971, with REAL inflation and including the monetary base DOUBLING in 2009, Gold is still "cheap" @ UNDER USD$1,200. (in 2009 Dollars.)
    Nov 21 13:17 pm |Rating: +2 -4 |Link to Comment
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