Once again, reality holders get kicked in the head by that same 1% that control the money flow and WS. Unbelievable how everyone who makes $35,000 to $300,000 continue to send every extra declining-in-value dollar to an industry which will pour it into the mechanism which continues to support the $10 million to $200 million salaries, the massive free stock options, the living like royalty, the "we are kings and the masses are peons" attitudes, the bought and paid for political parties and hence laws and pork for corrupt friends of this 1%, the big salaried financial press whores like Kudlow & Cramer, etc. etc. etc. But then again, what can one expect from a society that sees nothing wrong (even worships) a fellow who cannot speak a complete sentence but can catch a ball, or whose children will spend their last dollar on a CD of a guy who wears his pants around his ankles and if you took the F-word out of his vocabulary he'd be mute, or who would sell their soul for another of these worthless new colored paper phony money? Can't expect anything other than what we are seeing. BUT, societies that reach this point in their evolution always fall off their pedestal, and this is one HIGH pedestal to fall off.
I suppose I'll keep all of my PM stocks for that time, but just keep getting kicked by these "elite" until then.
I remain,
SOROS |
