Well Folks, I knew this day would come: and here it is in Spades!
The MSM is just now starting to warn the Sheeple of the Coming Market
Meltdown; so that , they can say, “We told you so!”
I could see this day coming because over the last 60 days there have been more and more commentaries and debates allowed on the FV’s* Morning and Daily Financial Networks that have allowed primed and paid for nincompoops, Pumpkin Heads, Sycophants and assorted EMM’s** to talk about a POSSIBLE ASSET BUBBLE!?!?!?!
Like, Oh Really!! An expanding asset/equity Bubble?
With aggregated PE’s above 20, its; more like an EXPLODING DIRIGIBLE!!!
Also, I have seen this all before, back in ’65, and ’69, and especially before the Total Market Crash of ’73 to Dec ’74.
So, if you guys are not getting ready for the Second Wave of the Kondratieff Super Tsunami, then know that you were thoroughly warned on this FREE BLOG, and on the first lengthy page of my website @ www.polestarcomm.com.
The following is from Market Watch; you can go there to read the full story, which has been severely excised herein:
Opinion: 5 bubbles that Draghi’s QE is already blowing
Asset prices
are going up in Spain, Ireland and Portugal
ByMatthewLynn
“Sixty billion euros here. A hundred billion there. To paraphrase Everett Dirksen’s apocryphal quote about the U.S. budget, pretty soon you are talking about real money. Earlier this year, the European Central Bank launched its quantitative easing program with 60 billion euros a month of asset purchases by the central bank.“Now, in response to some mild turbulence in the bond market, it is talking about front-loading QE, taking the total of fresh cash minted in Frankfurt every month up to 100 billion or even more. In short, real money.
“Academics will no doubt be discussing the effectiveness of QE in lifting the real economy for a couple of generations at least, and probably not reaching any definitive conclusions. … One thing we can say for sure, however, is that it boosts asset prices.
“In fact, it is already happening. A series of Mario Draghi bubbles are already inflating across the eurozone. … … For a lucky few investors, QE is already working its magic.
“The ECB president probably had no choice but to finally bite the bullet and launch the ECB’s own version of QE earlier this year. The continent was sliding rapidly into deflation, with prices dropping in countries such as Spain. The economy was slipping into a depression, and unemployment was rising relentlessly even as the rest of the global economy was recovering. The only real surprise was that it took so long.
“That doesn’t mean, however, that the money created won’t blow up asset prices. Indeed, it is already happening. Here are five markets that are already benefitting from the tidal wave of money Draghi has created.
“First, take a look at Spanish construction. …
“Second, Dublin housing. …
“Third, German wages. …
“Fourth, Maltese assets: …
“Five, Portuguese stocks: ….
“In reality, central banks can print money when they want to. …
“But in the main Draghi’s tidal wave of euros is most likely to simply to blow up another series of asset bubbles….. — and it will inevitably be very painful when they finally pop."
And all of the above justified and truth-filled criticism can be leveled at the ZIRP of the FED over the last six years, and against the growing mess now freely reigning among the stupid SH_T investors in the US markets; e.g. common Stocks, paintings, cars, (Already) overpriced Real Estate, etc., etc., etc!!!
But, Don’t Forget!! We are going to DOW 26,500 first: and, by the over-arching by, I still am looking for Gold to
Crash this year to around 825 to 950 per oz..
This will then force even more of the congenitally Deaf, Dumb, Blind, Godless and Christless (therefore, overly Stupid) investors into
the stupidly way-overvalued common stocks, which have of late truly reached insanely overpriced levels!!
Ain’t it fun, once you understand what they are about?
As in: "Ain’t it so, so very much funny and, histologically hysterical??
Once you truly understand what they are about?"
* FV= Funny Vision vs. Tele Vision
**EMM - EcnoMystical Mystic.
You can go to the bottom of our Homepage to discover more of our handy-dandy acronyms
Once you truly understand what they are about?"
* FV= Funny Vision vs. Tele Vision
**EMM - EcnoMystical Mystic.
You can go to the bottom of our Homepage to discover more of our handy-dandy acronyms
