Prize

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

August 11, 2016

Their Current Market Forecasts


     We hate to keep repeating ourselves, but nobody else seems to get it.  Central bankers have successfully nationalized the United States Treasury bond market, and because the commie propaganda machine has been looking the other way, all guruland is pretending like it never happened.

     Do you think our Central Party is going to privatize anything they've gotten their filthy pinko hands on?

     Of course not, and such being the case, we will never see a secular rise in interest rates again.  Since our totalitarian leadership in Washington intends to eliminate the need to ever pay the free market cost of uncontrolled commie spending,  the fraud of calling these obscenities "interest rates" will continue, bringing whatever they really are close to zero, OR LOWER, and keep them there.  As Federal budget deficits are just going to sky higher and higher into the financial stratosphere, any hope that the Trotskyites will return debt financing to a free market arena is laughable.

     That makes large cap, blue chip, dividend-paying stocks the only major public source of long term income that won't screw the income investor over when future maturity dates roll around.  Oh, you can hold T-Bonds for "safety" if you ignore inflation, or as trading vehicles, but the risk involved in considering any long term debt instrument for income has gone off the charts under current Marxist rule.

     Face it, the sector of our stock market that contains the aforementioned issues, as tracked by their own very specific indices such as, for example, the Dow Jones Industrial Average, will have to just keep going up, up, up over time.  The law of (diminishing) supply (through buybacks) and (increasing) demand will make it so.  Price action has been reflecting this "market theme" for a while now, and that's not going to change any time soon.  Ever, if the commies are allowed to run amuck, as the propagandists' treatment of Donald Trump's Presidential campaign suggests they will.

     Valued subscribers, please keep these points in mind when reading any financial forecast that scrolls across your screen.  Without going here, the depressing place we've just shown you, today's fortune teller has no idea what he/she is going on about.

     And, near as we can tell, possibly never will.