Our Opinion is that the economic catastrophe in the year 2008 will not resolve itself for a decade or two.
In the US, the wane of the baby-boomer population will only contribute to the collapse of housing values as will the collapse of credit from the greedy US banks, which will fall on their own.
The threat of inflation has been caused by and will only serve to create the US Federal Reserve to make mistake after mistake as it ignores, and will ultimately feel the gravity of, a housing and wage collapse in this new era, i.e. severe deflation much worse than the 1930 debacle.
People no longer contribute greatly to productivity; instead, machines are the greatest contributor. And the Fed has no clue how to understand or deal with the facts in the present day from its obsolete 1930 education.
Our principal has increased by more than 80% from January through February 2011.
We don't like bragging, but we love comparisons.
In the Jan. - Feb. US market we hope you didn't satisfy for less.
We have used options to maximize gains on stock price movements in US tech-based equities.
Our opinion remains the deflationary opinion:
GE and CNBC can advertise whatever they want for whatever compensation they can achieve, but the facts are as follows:
The essentials of food, clothing, and shelter are rapidly becoming worthless because no one can afford what they could afford in prior times. The “Fed” has no incentive to speak the truth about economic collapse.
This is called DEFLATION and a few folks with smoke and mirrors cannot change the facts.
Yes, the Fed can print money and TV can promote fake inflation.
But the facts remain the same.
No real money is circulating. A freshman economics student can discern real money from fake money.
Interest rates will grow higher because the money is not real.
The same thing that happened to the US and to other countries starting in the year 1929 has also been happening since the year 2008. There have been no actions to halt or significantly influence economic demise. There is simply an attempt to prolong the inevitable for political reasons.
These are the same as the economic events leading to WW2.
Printing money will not create inflation in the US; instead, it is causing and will continue to cause severe DEFLATION as US banks hoard money to meet “capital” requirements while workers and professionals continue to be paid lesser and lesser amounts.
The monopoly-money will prove to be worthless both in the US and around the world, the European economies and currency will fail from the harsh reality of a poor work ethic, and the world will continue to head into a state of unpaid debt and economic collapse.