Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

November 24, 2015

Negative Interest Rates Draw Nigh, Say Crazies at the Fed


     Prepare to 1) close all conventional U.S. Dollar bank accounts, 2) sell all fixed income paper (i.e. bonds) denominated in that soon-to-be impaired currency, and 3) transfer all your assets into prodigal credit card debt, large-cap blue-chip stocks, gold, and selected foreign currency accounts - if you can find any selected foreign currencies that aren't being thrown under the same bus;  what this author references as an Alice in Wonderland Market will surely turn out to be the Looney Tunes Global Economy after all that's been said gets, God help us, actually done: 

http://www.wallstreetdaily.com/2015/11/23/us-negative-interest-rates/


     Th-th-th-that's all, folks.