Yes, as long as Helicopter Ben is printing 40B /month.  That's about $500/month/family...​  People are using stocks and specie as a safe haven from Ben's printing press....

now, as for you anthony, i read your articles for info purposes as you are both a prolific writer and quite intelligent.  whenever you pick a market direction i read you for sporting fun and for a few gut-busting laughs.  nice thursday pick of MTL. too funny.

 

the market has run into a series of table-top resistance highs on the upside at 1460 and the global/domestic economics and fundamentals continue to deteriorate.  to actually bet that "stocks are are their way to new highs" in this environment is outlandish, speculative and harmful.

 

no mention of the tremendous risk you are proposing?  we could easily see a 10-20% sell-off in the coming weeks similar to 1987 with many of the same circumstances in place.  wow.  ever heard the phrase "snowball's chance in hell?"

 

anyway ... this was entertaining for the audacity and incredibly poor timing .... remember what happens to complacent investors tony ... pigs and hogs?

MTL down 2.6%, SLX down 3.03% and SDRL down 2.59% - and that is just today!

 

i just don't understand where these preposterous market predictions come from.  is it the need to churn portfolios for profit or just a personality disorder that requires occasional manic decisions? 

 

in the end, the best way to have a day-trader end up with a million dollars is to let him start off the day with two million.  be safe out there and easy does it ....

well mg aka "sugar ray", i for one will not use the word "stupid" as i have always found your commentary based on facts and somewhat thought out.  i would, however, feel comfortable using words like: affected, making false assumptions, falsely claiming, naive, deceived, deluded, duped, impersonating (an economist), laying false claim to (such knowledge), letting on, faking, masquerading, misleading or misled, pass oneself off as (informed), professing, pretending, purporting, put up a front (of false pretenses), sham, shuck and jive, simulating, stonewalling, sucker and/or whitewashing, just to name a few.

 

without going into too much detail on the economic theory (as would someone like volker fan (just where has he gone, or floating, or for love of money) it is simply inaccurate (there is another one) to state that there is a high degree of correlation between the increase in money supply and actual inflation.  to pass off as fact that the fed will never reduce the money supply as the economy becomes self-sustaining is simply laughable and false.

 

with that said, it is POSSIBLE (though not PROBABLE) that other unforeseen events and influences may come to bear (maybe a disruption in how the money supply is contracted in the future) that will indeed cause FUTURE inflation or even high inflation or even hyper-inflation, but that is then and this is now.  so, a more prudent approach is to continue a well-allocated, diversified investing approach while appling a tactical approach to periods of equity investing.  if this higher inflation presents itself, then one can always begin to tilt towards those asset classes that will begin to benefit.  to go into this early bunker mentality would be misguided and foolhardy.

 

people are NOT investing much more in stocks as they have been scared out of the market for the most part and remain in other asset classed knocking down 7 to 10 percent annual returns easily (just look at NLY or MWTRX).  it is the traders with additional easy money who have bid up the market - they are taking the risk while passive investors who do remain in the market benefit from the "wealth effect" and begin to spend more.

 

as for leeches, it takes one to know one eh?  saying the 47% "don't pay taxes" is an outright lie.  a prevarication.  a falsehood.  the fact that you continue to repeat and promote this falsehood makes you a serial liar.  the leeches are those who have used up and benefitted from this huge run-up in national debt and now refuse to pay taxes on it.  virtually ALL of the income made by the 47% is spent and winds up as profit back in the hands of the 53% (mostly in the top 2% like yourself) and they refuse to pay taxes which is greedy, "taking," unpatriotic and pathetic.

 

so, stupid? no.  intellectually dishonest? yes.

If Romney is elected Gas prices will immediately fall at least $1 per gallon ! Communist obama has intentionally kept gas prices high to support his failed green agenda ! You would have to be a fool not to be able to see this !