Message:

<p>[QUOTE=&quot;Brett_in_Sacto, post: 2233462, member: 71510&quot;]I think we saw the bottom this summer.&nbsp; Since you aren&#039;t holding me to it, here&#039;s my view of the world.</p><p><br /></p><p>We have a lame duck president in office and are going into the election year.</p><p><br /></p><p>We have seen a large correction in the stock market this summer - investors are re-allocating funds and looking to seal up some solid earnings going into the election year. </p><p><br /></p><p>Fear of the unknown will soon take hold in the masses (if so-and-so is elected, world will end - Zombie Apocalypse, etc)</p><p><br /></p><p>We have interest rates that the government has been avoiding the entire tenure of the current president.</p><p><br /></p><p>We have massive inflation happening due to labor and benefit costs.&nbsp; Healthcare, $15 minimum wage in certain cities (Do you see any more 99 cent menus at fast food?&nbsp; Even bigger hikes in sit-down restaurants).</p><p><br /></p><p>We are facing a larger burden of taxes and fees (less money in pocket) - both in inflationary costs as well as higher percentages.&nbsp; A record number of municipalities raised sales, property and energy/utility taxes this year.</p><p><br /></p><p>China is finally starting to show their recession, and the USA has been heavily exploiting China&#039;s expansion for profit.</p><p><br /></p><p>We&#039;ve hidden these in cheap gas and interest rates, but those will change.&nbsp; (Anyone ever looked at an oil vs gold historic chart?)</p><p><br /></p><p>I am calling this &quot;Brett&#039;s Bottom&quot;&nbsp; (My little tribute to Mark Haines, who I watched daily for years and got tons of insight from).&nbsp; </p><p><br /></p><p>It might break below 1100 a few more times, but not by much.&nbsp; And any turmoil will send it towards 1200 within the year.</p><p><br /></p><p>Your Mileage May Vary![/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in