I didn't watch it .. I really don't want to be Swayed.
But .. FWIW ..
An article CNN Money ran on Friday stated that investors were "Terrified but
Optimistic"...I refer to this "No Man's Land". In other words, allowing the markets to
dictate how much one is to lose.
While we have experienced fear and panic in the markets, the investing public is still
holding out hope...
The primary players in this intense unfolding financial drama are NOT the U.S.
Government, G-7 Governments, Secretary of the Treasury or Federal Reserve Chairman.
The real players ARE the Stock Market, Tangible Commodity Prices, Precious Metals,
Crude Oil, Long-Terms Bonds and Real Estate and what they are saying at this time.
"Wealth destruction" on the order of what we have experienced has occurred only 4
other times in history starting in the year 1812 - but this one has been the greatest of
all-time!
As I write these words, these primary financial asset markets are playing out individual
roles which are telling a story which rhymes with and is within the context of what has
taken place during the other historic financial dislocations. We have not been left
without a blueprint and a road-map in guiding our subscribers as to what has taken
place, what is taking place and what is likely to take place from this point forward.
Under these extraordinary conditions, I believe sanity can only be maintained, if, and
only if we are students of history and learn and apply the lessons it provides.
Go Watch the New 14-minute Video "Financial No-Man's Land"
gannglobal.com
Ahh heck .. maybe I'll watch just to hear what he has to say .. |
