The Fear Bubble: Treasuries and Gold [View article]
Why is nobody asking why the FED is taking this action and doing it now? They see something coming this way and I am willing to bet that whatever it is, it is not going to be pleasant! In my opinion, the market is way overvalued here as I have kept on saying for the last year. People are way overly optimistic and think that life as we know it is going to continue. We have not as yet, seen any meaningfull decline in the markets that reflect the true future value of the corresponding securities and the markets are supposed to be efficient and forward looking.What a joke! The whole system is broke, dishonest and ineffecient and isn't going to be able to be fixed anytime soon!
Looking back at the last 2 major political conventions.[Sorry others] The dems were pointing out all of these problems in the economy and trying to find possible solutions to them involving major changes to the system. The gop were saying that the economy was strong under the present leadership and would continue if their canidate was elected. They insinuated that to say differntly was unpatriotic and anti-american. They said we needed less gov, regulation on business. Fast forward 1 month! Now we need more regulations and need to bail out big business or our economy will collapse! LOL--GOOD LUCK TO YOU ALL !
The Fear Bubble: Treasuries and Gold [View article]
Bear Market? Numbers Don't Add Up [View article]