HATEFEEBAY

Using the Wall Street Journal to Gauge Investor Sentiment

As an American, I want NOTHING to do with the dollar and that my friend is scary. I want physical silver and gold, I see the government spending more money they do not have, printing more and I have no faith in our country anymore. I am a registered and voting independent, and hell at my home in Merchantville, NJ we sometimes do not even get our mail. I call the USPS offices, they do not call back, I escalate to USPS Consumer Affairs, they do not call back and keep going and nothing happens. They want to spend a few TRILLION on healthcare that they do not have? On top of all the other projects that they do not have money for like extending unemployment benefits to folks that did not for the most part even look for jobs? I own a small business and didn't get a bailout and frankly since I live within my means, I do not need it.

It is my opinion that the US government is beyond corrupt and on a spending spree that dwarfs anything imaginable. Combine that with minimal taxable income, the situation is exacerbated. We have passed that invisible line into irresponsible uncontrolled spending on a debt that, literally, we can never ever pay it back. Wait until japans and or China do not buy our Bonds/Bills and the rates go up, the dollar will fall harder and inflation will come overnight. That day will come before the year ends, and that is my call. When the government is supposed to be by the people for the people and are acting contrary to what the people want by passing bills that people as a whole do not want to be passed, sentiment will fall, unrest is inevitable in a country founded on strong democratic principles and the currency will go down further. I am long physical metals especially and their associated equities/ETF's, specifically silver as I think silver has MUCH more upside-especially in the medical field (hint: READ about it) and I think the price will go through the roof within a decade, my call would be $70 an ounce within 10 years. The WSJ is a day late and a dollar short, I see that as a trader but then again so is every other printed material as a trading tool, but for long term investors it is quite valuable. As for investor sentiment, go with quantifiable metrics and that is the market as an indicator overall more directional in observational aspects. My prognosis is the market is WY ahead of itself with in the words of Greenspan, irrational exuberance with thinking the government can print its way to stimulating the economy by directing money to the largest contributors of PAC's (Political Action Contributions) and hence into the politician's pockets. I am so done with the US dollar and the amount of people America has pissed off has grown exponentially and people will Dollar Vote and switch to another monetary instrument and the logical choice is silver/gold. Short at your own peril and the more it drops, the more I buy. I honestly do not think the USA will be around for the next century and the paper will be worthless.