My last few columns have been on the wordy side. Partly that’s been an attempt to help readers get a sense of who I am and how I operate. But also to deal with the weighty nature of recent market developments. Especially writing for Dow Theory Letters, readers deserved to know what the Dow Theory says about stocks now. And then there was the volatile situation with the precious metals, of such great interest to most readers. Future columns will be on the briefer side, starting with this one.
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There is indeed an interesting conversation going on right now about the stock market. Kind of a Clint Eastwood vs. the chair scenario. Listening in, we hear a group of exceptionally astute analysts saying: “The level of debt and money creation are unprecedented, unsustainable, and can only end in disaster for the country. Avoid stocks like the plague!” On the other side, The ... Log in or subscribe to continue reading.
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