News Analysis
WASHINGTON, DC – Funky times, to say the least. Uncle Sam’s printing press is going crazy, flooding our locked down economy with plenty of cash. Government is spending money like a bunch of drunken sailors, and it is all being created from thin air. That, my friends, is a recipe for disaster!
There’s a rule of thumb in the newspaper trade that graphs and charts on the front page are a turnoff for readers. Perhaps so, but the two shown above are remarkable because they SCREAM at us!!
The stock market is at an all-time high. Interest rates are at an all-time low. Connected? You bet!
Savings accounts, safe corporate bonds, government debt of all types are paying next-to-zero interest. No extra money is going there! Stocks have become the only game in town. Yet, billionaire Warren Buffett, often described as the world’s smartest investor, has reportedly sold much of his extensive stock portfolio – to begin buying gold! Funny money is creating plenty of weird occurrences in what was once a fairly stable economy.
Hang on. This ride will be worse than any roller coaster!
Publisher/Editor
