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Richard's Remarks

 

I often make the mistake of thinking that everybody thinks the way I do. If this were true, Facebook and Twitter would be bankrupt. I signed up for Facebook but after about two weeks I got bored and dropped it. I just didn’t have the time or interest to keep up with friends and friends of friends, and outlying family members.

 

It looks like the melt-up that I had previously forecast is now in full swing. Dennis Gartman’s chart of the monetary base shows that the base is rising almost exponentially. From early reports and observations, future Fed Chairman Janet Yellen will put the Fed on easy street for years to come. Unemployment statistics are looking better and the economy is finally enjoying some true lift. The real question is whether the melt-up will last a full year, and provide capital gains for those who are in the market or are ... Log in or subscribe to continue reading.


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