Sunday, July 27, 2014

Quote of the Day

Liam Halligan via Doug: 15 Reasons the Party on Wall Street is About to End in Tears

Number 5:
The reason for this dichotomy is the Federal Reserve’s money-printing machine, which has created thousands of billions of virtual dollars since 2008. Much of this has found its way into global stock markets, sending equity prices sky-high. Designed as an emergency measure, QE has since become a lifestyle choice, the financial and political equivalent of crack cocaine.

I discuss some of these topics in my Precious Metals Investing videos.  Here is the latest, which includes links to the others.

UPDATED 7.29.14:

Link fixed.  Thanks Comrade Robert!

1 comment:

Robert What? said...

You probably already know this, but the "15 Reasons" link doesn't work.