Welcome to the Insurrection
SilverDoctors.com
January 7, 2015
To put it bluntly, there is a sh*tstorm of unimaginable proportions coming…
You know what the big lie is in today’s markets? Take a guess…
The reality is that there are so many contenders for this title that the aggregate populace of SD probably came up with two dozen different answers to the question. How many of you chose the P/E ratio of the S&P supposedly reflecting the future real earnings of those companies? The “value” of the USDX? The fact that interest rates, which are supposed to reflect reasonable return after accounting for risk, are literally at multi-hundred year lows… does 2.7% really reflect a reasonable return for a 10 year bond after accounting for the possibility of default for a bankrupt and utterly feckless Italy? Or France? Or the rate on the 10yr US Treasury Bond?
All of these are contenders for the title, and you can probably come up with others as well.
But you know what the biggest lie of all is? The one that underlies everything (and requires the manipulation to ridiculous levels of all the above)? The lie that there actually ARE markets, the lie that everything is fine and all has been fixed.
The Rest…HERE
