Thursday, September 17, 2009

HAS LTBH WORKED HERE PAST 20 YEARS???


*This is what happens when you create a ZOMBIE state as we are doing, propping UP the living dead they will FEAST on the flesh of our productivity and they will crush our spirit.
Have these idiots running things leanred a damned thing from anybody? OBVIOUSLY NOT!!! IMHO
Boy, yes, there were and we're in one of those fantastic miracle amazing rallies, but my friends are we going to end up like this chart???
Read ANdy XIE piece I linked to a few posts back. You ask me why aren't Banks lending? Because they are SICK, PROPPED UP, have mnaipulated earnings, bad shit left on the books at near full value....are not dealing with the real problems still saddled with. Andnow our GOV is taking on DEBT and DEFICITS like the TITANIC did water....how did that end?
When this rally FADES, in a day, in a month, in a year, whenever....I think we could end up like this chart until we actually fix the problem.
Printing money, creating Zombies is that the fix? GOLD is $1120 an ounce 10 year yields around 3.4% US $ index near 76.00 it has lost almost half its value from 2001 highs (near 120.00) as the US $ FALLS and STOCKS RISE is that making you richer? or destroying the $$'s you hold?
The dow expressed in gold will show much different picture
D

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