I predicted the stock market would soar beginning in 1982 back in 1979. All the signs were there and the economy was getting much more efficient due to the computer. If things had been allowed to develop naturally everyone would be millionaires by now but instead greed and waste became fiat and it was all tossed in the dustbin. Things were easy to predict in those days. Sure every prognosticator has stupendous failures and few more dramatic than mine but you could predict. Today you might as well toss a coin. You can bet on things that are good for the rich but they move their wealth around like mercury on the floor of a rollercoaster. We live in interesting times and I have no doubt we can thank the government of the people who invented this as a curse.
After a few weeks of 10 year bonds and dollar index winds in our face, I’m going back into precious metals, big time. Suggest that y’all might want to also. This has been a public service announcement