Archive for July, 2014

DOW at 17,000! Do not get fooled by the hype …

I have said, welcome to the top of the ride before and I was in error, for one cannot fight the FED with the power of printing that it has.

This summary by Peter Schiff covers most of the territory.

The main point is to not be fooled into believing that higher numerical assessment means that you have more value in your portfolio. The continued debasement of the currency is destroying such numerical value faster than it can organically grow.

No Comments »

WP Login