Weiss Research prides itself on the idea that their calls are always right. The following might give you an idea of how this happens.
1. Larry Edelson predicts that as Europe then Japan fall apart, a tsunami of money will flood to the US, elevating the DOW to eventually 31,000.
2. Mike Larsen predicts that the FED will raise interest rates come Dec 16 which will crush the DOW and wipe out government bonds.
Anything these gentlemen ignore? Well yeah, European countries want to stick together and the alternatives are worse. How about Mike Larsen? Mike forgets that the FED can continue to print money and buy up even more bonds. As long as other countries accept US Dollars, the FED can continue counterfetting.
Wednesday, October 21, 2015
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