Well, here is an update after quite a long break. It appears the Federal Reserve is sharpening the pin to pop the new bubble created by expansionist monetary theory. Go to
http://news.yahoo.com/s/ap/20101012/ap_on_bi_ge/world_markets_12
and see for yourself that the excuses to raise interest rates are beginning. This is a warning folks. When the Fed raises the rates look for big declines in equity. Harry Dent thinks commodities will suffer a big drop as well, including Gold and Silver. Maybe Oil will drop, too. This is the same kind of thing the Fed did in May of 1929 and we all know what happened a few months later.
Tuesday, October 12, 2010
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