Tuesday, October 05, 2010

More OF The Same

Japan is going to "STIMULATE" their economy? Well hasn't that worked great last 20 years??? (not) The US $ has fallen back below 78.00 on the index, gold has risen to $1,330 an ounce and Bond Yields continue to fall as the feckless idiots at the FED continue their rant to purchase more agency debt to support economy.....also that has worked great too hasn't it?

It appears to me th eman ON the street is largely becoming immune to Wall Streets lure, and may not give a hoot as to its ups and downs, as he settles for miniscule yields in Bonds.

What are left are the gov and fed backed players, the smoke screen artists, theinsiders, the connected continue to get wealthy atthe expense of everyone else.

The areas that NEED help Housing and job creation are near uneffected by all the efforts....but gold, OIL and other currencies thank you. What you are looking at with the stock rally is the death of your dollar....only in a dream are we richer

D

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