...and because debt has suddenly imploded, the U.S. has quickly gone from a 'rich' country to a poor one, in which most people can afford only the necessities of life (or less) and young people must continue to live with their parents.
This is happening in our family and many families I know.
We have turned away from the love letter God wrote to us in His Holy Word, the Bible, we continue to allow the murder of millions of our unborn, we put our trust in political officials and our wealth, we allow same sex unions and marriages...
And we expect to be blessed with wealth as a nation? Who do we think we are kidding?
These graphs indicate one thing strongly: Investors no longer trust financial data because it is now so opaque (with so many CDOs, CDS and derivative WMDs - and no honest accounting), thus investors know stock and commodities values need to be different, but noone knows how much lower or higher.
Keep your assets in cash, unless you are a successful day trader.
Friday Outlook: Commodities, Emerging Markets [View article]
Most of the rest is poorly or non-researched blah blah blah.
Friday Outlook: Commodities, Emerging Markets [View article]
This is happening in our family and many families I know.
We have turned away from the love letter God wrote to us in His Holy Word, the Bible, we continue to allow the murder of millions of our unborn, we put our trust in political officials and our wealth, we allow same sex unions and marriages...
And we expect to be blessed with wealth as a nation? Who do we think we are kidding?
Friday Outlook: Commodities, Emerging Markets [View article]
Keep your assets in cash, unless you are a successful day trader.