Afternoon Update "IS THERE MORE HERE THAN MEETS THE EYE?"

Possibly, US $ still weak, gold pointing to some success at reflation as is OIL and COPPER, some gaining more than almost any other previous period of time, yet demand is not the reason....a flight to things IMHO is behind their move....what is there to do for $ holders when the writing is on wall as to the attempts of the US to debase its currency as a way to deal with debt implosion bubble?

Can we spend our way out of recession ? Well for every $ the GOV spends is one $ taken out for private business, and small business polls do not show the excitement the market is reflecting...and that is where th emajor job creation comes from. And we are not expanding loans so if we are experiencing a contraction of credit....that does not compute with expanding economy.

Unfortunately this rise in the markets without corresponding business pickup (gains mostly from cost cuts and $ weakness not revenue increases) is more telltale of where the money is flowing.

I will post long term chart of the NIKK later, you will see some SPECTACULAR RALLIES, and here we are 20 years later barely 25% of the high tick.....what went wrong?

Bad policies, too mcuh stimulus, zombie banks.....we may breach 10K and the Transports will confirm and lead to next level.....at some point investors will want to see fact from fiction, for everyone I hope they get what they want.

D

D