US stocks rise in midday trading, S&P nears record
26, 2013, file photo, Trader Gordon Charlop, right, works on the floor of the New York Stock Exchange.
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“Open your eyes”
Since: Sep 09
#2 Mar 14, 2013
I personally expect the Dow to hit 16k before it crashes. And when it does, it will crash hard.
The markets are a lie. They used to be a guage on on economical growth. Now they are nothing more than a rigged casino.
But why do I expect 16k?
Simple, debasing the currency. The Federal Reserve is pumping in billions of dollars a month at near 0% interest rates. This is what is pushing up the markets. Cheap digital money.
Now why are they saying inflation is low then? Because everyone else is doing the same. China, Japan, Russia, the EU, India, name it. They all are debasing their currencies.
Reason for this, we are in the middle of a currency war and interest rate bubble. Everyone is debasing their currency in order to make their exports cheaper. Welcome in then the Trade Wars.
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