The Outcome Will Be Inflation
The stock market seems to be bottoming out here as the Dow has successfully retested its 50 day moving average. With the amount of money printing the Fed is doing and the fact that rates are at 0%, I have a hard time believing there is much downside left. Today was probably the bottom and I expect new highs to be hit before the end of the year.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
Gold is also testing its 50 day, closing down $3 to $1,336. While a lot of people are calling for gold to correct a lot more, I'm just not convinced that happens at this point in the game. I would be surprised if that happened actually. But even if it does the bull market would still be intact.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
The ^HUI showed a lot of strength today given the weakness in gold. The index closed higher by 4 points to 534. The 50 day is going to provide some support but it might not even go down to that level.
I'm going to say that this correction is now over in all asset classes and tomorrow the inflation trade will be back on. We have had an incredible run since August in gold, silver, oil, stocks, etc. And now they have all consolidated a good portion of those gains. I just don't see these markets selling off anymore, if they do then that gives the Fed even more credibility to keep the printing presses up and running. In other words there is no point really in the markets going down, the Fed has proven it will do whatever it takes to support them.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
You're going to hear a lot of people complain about the effects of QE2, but that's just the reality of the situation the US is in. This isn't going to be easy, we are going to go through some difficult times. So I imagine that the criticism of the Fed will only increase as inflation starts to work its way through the system. The Fed is going to have to ignore all of this because they know the alternative, doing nothing, is much worse. In a few years people are going to look back and say why didn't I see all of this inflation coming? It's clearly going to be the outcome of all of the QE.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
The stock market seems to be bottoming out here as the Dow has successfully retested its 50 day moving average. With the amount of money printing the Fed is doing and the fact that rates are at 0%, I have a hard time believing there is much downside left. Today was probably the bottom and I expect new highs to be hit before the end of the year.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
Gold is also testing its 50 day, closing down $3 to $1,336. While a lot of people are calling for gold to correct a lot more, I'm just not convinced that happens at this point in the game. I would be surprised if that happened actually. But even if it does the bull market would still be intact.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
The ^HUI showed a lot of strength today given the weakness in gold. The index closed higher by 4 points to 534. The 50 day is going to provide some support but it might not even go down to that level.
I'm going to say that this correction is now over in all asset classes and tomorrow the inflation trade will be back on. We have had an incredible run since August in gold, silver, oil, stocks, etc. And now they have all consolidated a good portion of those gains. I just don't see these markets selling off anymore, if they do then that gives the Fed even more credibility to keep the printing presses up and running. In other words there is no point really in the markets going down, the Fed has proven it will do whatever it takes to support them.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
You're going to hear a lot of people complain about the effects of QE2, but that's just the reality of the situation the US is in. This isn't going to be easy, we are going to go through some difficult times. So I imagine that the criticism of the Fed will only increase as inflation starts to work its way through the system. The Fed is going to have to ignore all of this because they know the alternative, doing nothing, is much worse. In a few years people are going to look back and say why didn't I see all of this inflation coming? It's clearly going to be the outcome of all of the QE.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/the-outcome-will-be-inflation
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