mbr

Large Caps Could Lead the Market Much Higher

The weak link in this demonstration : "the typical forward PE is 15X". Forward PE is based on projections and we know how wrong these can be. Show the trailing PE and we will see. Actually it is close to 20 vs. a 15 historical average. The wall street bandwagon uses whatever it can.

Marc Faber on the Economy, Gold, WWIII

Thanks for the lead. Uncomfortable as the truth is, only nations that will avoid all kinds of superstitions and thus face reality, will survive the competition for the limited resources of an overcrowded planet.