GOLD 0.51% $1,391.7 gold futures

Dangerous to take the comments of cheerleaders in the WSJ as...

  1. 167 Posts.
    Dangerous to take the comments of cheerleaders in the WSJ as gospel. All the evidence I see puts the 'recovery' down to the Fed put under equity markets, cheap credit leading to M&As and financial speculation, and renewed leveraging. There is no productive growth.

    I'm not put out. There's still money to be made on markets. I don't see the rally ending this month or even this year but I see a big crash coming. We'll see I guess.
 
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