It's not the Fed who runs the world, and the Fed is in
stagflationary checkmate situation, whatever bogus economic
reports they produce. The runup in oil from $70 to $96 is not
bullish. Once GS folks figure that one out, they will short
the market, IMHO. Someone is preparing to do so, the question
is, when does the "no curbs" rule start to apply? Is it now or
later? My hunch is that once it is effective, we'll see the
top, and some GS fleecing of the funds shorting volativity.
The Fed stuff did NOT cure the banking crisis, it's getting
much worse. Got crash? -g- Those GS folks care about their
profits, and their profits only. They are betting on Hillary
now. They don't care about Shrub, his agenda, or his ratings.
Well, if we can put Ron Paul, we'll have some fun and
improvement. Hillary will most likely give us hyperinflation.
I fully expect post-crash hilos and the backdoor machine
working at full speed. So far it has been shut down since May.
But we won't see debt monetarization until after the crash,
IMHO. |
