I’ve had a lot on my mind lately.
I feel like sharing. Apparently you feel like being shared with.
Syria-The Civil War is horrendous and I don’t have anything useful to say about it. Just glad there’s no American high explosives involved at this point. That’s not gonna help.
Pres. Obama got lucky in the sense that Pres. Putin decided to tweak our collective American noses, bolster an ally and have us pay for a problem. Fine. It could’ve been WWW III.
That one’s not over yet. Not by a long shot.
Americans are adjusting to the new low. Entrepreneurial spirits are breaking loose once again, although the odds are stacked against them.
Transformation is occurring in the American workforce. Part-time is the new full-time and entrepreneurs have more freedom than hourly workers.
It’s curtains for the American dollar. Unless Ms. Yellen plans to seriously curtail debasement, which will continue unabated for at least a few months, I don’t see much of a way out of it.
The risk of major bank exposure to the derivatives market is almost too large for people to understand. It’s a little bit like Noah, talking about the Flood, I’m sure.
Market Dynamics and Investing
Several of my earlier assumptions and predictions were wrong. Gold did not fall precipitously. I still think that’s in the cards, but I am often early on my calls. In any case, in my defense, I’m advocating stockpiling silver in anticipation of swapping when the ratio falls below 40:1.
Tapering did not occur in September as I expected, obviously I wasn’t alone in that. I was pretty sure the stock market was going to climb and I’m still in my window for what I predict to be 18,500 on the DJIA.
My assumption was that inflationary pressure from QE would continue, and of course that is still true. Just more than I’d anticipated.
Okay that’s it for now,
Wait. I do have a question. Where’s the Middle Kingdom been in all of this? Moving warships quietly into the Mediterranean, delivering a message about how war is bad for everyone, hoping those dollar investment stay sound, no doubt.