Quote:
Originally Posted by sugarwood
Tabs has been calling for hyper inflation and the collapse of the fiat for his entire adult life.
He is mentally ill.
Broken clock is right twice a day.
I bet when there's finally a market correction, he will say "Told ya so!"
Actually, he's simply been wrong for 8 years straight.
Blind squirrel eventually finds an acorn.
Standard Wikipedia trained gold bug who probably went bankrupt by shorting a bull market.
These guys have correctly predicted the last 23 out of 8 recessions.
Generally, these people have already destroyed their finances, career, and family life with their pathological paranoia.
It is a form of mental illness, and I never feel ill will towards these people.
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Not Hyper inflation systemic DEFLATION>>.
The American consumer is a spent force since 08...lessor paying or no job, no saving and credit to the eyeballs...no ability to consume means moribund DEMAND...and an anemic Global economy. Where govt and CB's have to spend and print to keep the Global economy afloat.
That is FACT..REALITY ...
In sept 2012 when sp 500 was 1450 I told ya SP 2250 with the length of time being the caveat for it going higher...as the FED with QE infinity guaranteeing the over and under on Equities...and since then up up and away....several short and sweet corrections since..mostly when the FED spooked Equities.. As long as the FED maintains street cred all will be well with Equities...
That is FACT..REALITY.
Gold Bug not me..The only Gold I have is in my watch, teeth, and the few flakes I got from panning for it.
Shorting the mkt ..never have..
Mental Illness...nope I have been tested.