First.. I hope I posted here my idea about what is wrong with the economy right now:
So back in 2006 I could "see" that we were entering 1981 all over again. Everything just pointed to massive inflation, high interest rates... everything. When 2008 hit... I felt even more sure... and fec.. it just has not happend. Why because the FED and the banks learned from 1980 and made dern sure it was not repeated. A good thing????
So here is 2013. I am completely convinced that the stock market is in a bubble. Not because I look at the stock market. I could care less what the market numbers are... its in a bubble.. IT HAS TO BE. Why? The government injecting 65- 85 BILLION dollars per month into the economy. In the 1980's they did this directly... the people got the money.. but it caused inflation to ramp up fast. This time ALL that money has gone to the banks.. at zero percent interest! The banks had to do something with that money...so they put it stock market. So think of all the inflation of the 1980s, but put it into just one thing.. the stock market.. its a bubble.
Now watch this vid. This guy does follow th stock market.. its what HE does. ANd what does he say... coming from a completely different direction.. yet he agrees. Only now he shows the other side... what the banks are doing.. "pump and dump" .. the banksters versus the world.. and guess who is gonna lose?
http://www.youtube.com/watch?v=TezhXekKFZoremember my deal to buy silver? So in nov silver was $24... by dec $18.. and now $21 (but been as high as $22). ( no I did not get to buy, but I have zero Christmas debt).
Stuff is gonna get real....