Coming Inflation To Boost Stocks, Gold [View article]
Ridiculous to believe that inflation, especially the 70's -80's type inflation we are in for due to the massive monetary stimulus going on that has no end in sight, will be good for stocks. Gold/Oil/Commodities? yes. Stocks? heck no, we are looking at Dow 4500. People are still far too bullish, thinking it's over it's over. it is not. The massive stimulus will just make another bubble and you can bet it will be spent on hard assets. This actually may be good for realestate. Would you rather own a hotel or Kellogg Stock trying to raise prices to keep up with soaring costs? The monetary base is growing exponentially. This plus federal stimulus world-wide, low interest rates and shrinking sources of commodities and food will make the next decade the most inflationary of all time. Loss of faith in company financials and management will push people into cash, with rates low, they will start to chase yield, great for oil, gas, other commodity stocks with good yields.
Coming Inflation To Boost Stocks, Gold [View article]