What would you do in the country that has only 4% of its population that earns more than $5 per day to eke out its existence if you wanted to sell in that country?
Once Gold was no longer pegged to world currencies there was only a single period in which stocks outperformed the precious metal. That period was from 1997-2000 during the height of the Tech Bubble (the single biggest stock market bubble in over 100 years).
An overview of the near-term US dollar outlook. Not thinking it is crashing and burning next week simply because it is not backed by gold or because the Fed is engaged in QE.
The Shocking Reasons that Americans Are Right to Be More Afraid of Bad Government Policy than Terrorism
Since the Financial Crisis erupted in 2007, the US Federal Reserve has engaged in dozens of interventions/ bailouts to try and prop up the financial system. Now, I realize that everyone knows the Fed is “printing money.” However, when you look at the list of bailouts/ money pumps it’s absolutely staggering how much money the Fed has thrown around.
The math just shot craps.
Regulators Watch Porn and Literally Sleep with Industry They’re Supposed to Rein In … Instead of Protecting the PublicSubmitted by George Washington on 11/22/2013 11:50 -0500
It's NOT Just the SEC ... And It's NOT Just Passively Watching ...
And yet gold still seems to be stuck in a downtrend. This week's sell off may have been due to trading shenanigans on the COMEX and many, including the UK Financial Regulator are asking questions as to whether gold price rigging is taking place.
OK all you Zero Hedge Tin Cats, it's November 22, 2013!
So what does the data show when there are an extreme low number of Investor Intelligence bears?
France’s General de Gaulle once said that the only thing that would unite Europe would be China. At the time he was probably visionary in the knowledge that the Europeans would never unite.
"The Senate was established to make sure that minorities are protected."
-Senator Harry Reid 12/8/06
This gridlock [filibusters] has consequences. Terrible consequences. It is not only bad for President Obama and bad for the United States Senate; it’s bad for our country. -Senator Reid, 11/ 21/13
The U.S. Is Sending Americans’ Confidential Info Abroad … For the Same Reason It’s Outsourcing Torture to Foreign GovernmentsSubmitted by George Washington on 11/21/2013 14:40 -0500
Outsourcing the NSA’s Dirty Deeds In An Attempt to Create Plausible Deniability
Do not click on this post unless you have taken all necessary food and beverage precautions...