"Give me control of a nation's money and I care not who makes the laws." Mayer Amschel Rothschild
I thought the quote above fit right into today's situation. And, of course, the Federal Reserve has control of our money in the USA. But the very extent of The Fed's control is unprecedented. I had a talk over the weekend with my associate, Jon Strebler. Jon sees the market heading higher. My PTI sees the market heading higher. I checked with the latest statement by Fed head Bernanke, and it's clear that come hell or high water, Ben Bernanke will do everything in his power to send this market higher. This market lives and dies by the latest edict from the Fed.
Last but far from least, I received Barron's Saturday morning, and right there on the upper right-hand corner of the cover page I read the fateful words, "Dow 15,000 Very Likely By ... Log in or subscribe to continue reading.
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