DON'T take my word for truth....here's proof

seekingalpha.com/article/4371490-united-...going-hyperinflation

CHECK THE BUDGET NUMBERS and review the math....fubared

Surprise, surprise. More hockey stick graphs. Where have we seen those before? That would be any time the Left tries to push more fear.

Be very careful reading these articles, especially if you adjust your investments that way. I used to be quite a gold bug, but I have backed off recently after prices rose 26% already this year.

There is a lot of pressure pushing inflation much higher with all the currency the Fed is putting out there. But there are still major problems with this economy pushing deflation. Many people still out of work, the WSJ had an article today showing many major firms planning new layoffs including the airlines and aviation.
We will see, but I expected major inflation after the Great Recession but it never really came to pass. Despite the government spending massive amounts of money priming the economic pump, much of those funds were put into rainy day accounts.

Article just dovetails into the Astro analysis....OCT is typically correction territory.....watch what happens

You should be careful when using the word "truth" when describing what someone believes will happen in the future. Ask Nobel Prize winner Paul Krugman what I'm talking about. Fortunately for Paul, the people who take his advice as gospel have very short memories.

Rick wrote: You should be careful when using the word "truth" when describing what someone believes will happen in the future. Ask Nobel Prize winner Paul Krugman what I'm talking about. Fortunately for Paul, the people who take his advice as gospel have very short memories.

Yes, if you had taken Paul Krugman's advice, you would have sold all your stock once Trump had won. (My holdings have tripled since Trump has won. Took me from comfortable to not having any concerns about my financial needs ever.) And would have lost badly. And Paul also thought the internet would just be a passing fad, similar to fax machines.

Yesterday the market took a hit, especially tech stocks as Wall Street got more pessimistic about certain sectors of the economy. I think this correction was overdue. I cannot see why Tesla is so highly valued.
Of course some tech is doing very well, laptops and tablets are selling as fast as they are built. And gun and ammunition sales are once again breaking records. 9mm ammunition which used to go for $10 a box is now $30. I have curtailed my range time because I don't want to pay those prices to restock.

www.forbes.com/sites/investor/2020/09/03...d-game/#51806cf9715d

IT'S FUNDAMENTALS that are fubared....a bubble awaits a pop.

There once was a famous gambler and he was stuck in a one horse town. He was playing at their casino and a friend whispered to him, "these games are crooked."
The gambler sighed. "I know, but they are the only game in town!"

Because of the Fed keeping the interest rate artificially low, there aren't many places to keep your money. One is the stock market. The bubble will burst eventually, but right now I am doing dollar cost averaging and slowly divesting my shares. So I am benefiting by selling during these artificial highs.

One other option? Real estate. With all this cash out there, buy up land or homes. And with 2% home loans, it is a fairly low risk investment. So that is why right now you are seeing home prices increase despite 8% unemployment and a global pandemic.

If President Biden wins, he has promised to double capital gains taxes. That might create an even larger stock market bubble. Because it you make 50% on your purchase of Amazon stock, Joe will take 10% of that when you sell, so don't sell if you don't want to pay those capital gains taxes.

The reasons behind Davos 2020. Only 2:22 long.

In their own words, no less!