“The US stock market goes up. The US borrows and borrows and the Fed continues to print, along with every other major central bank in the world. The BIS presides over the greatest fraud since, well … the last great recovery that traveled from 2002 to 2008. That one ended badly, as well. But not until many became rich and some – those who were able to gauge the market’s arc – managed to keep all or part of their gains. It is indeed a fantasy … and a fraud … but it is also a reality unfolding before our unbelieving eyes. We are wafted upwards on the wings of fiat money printing. Our destination, like Icarus’s, is the sun.”
http://www.thedailybell.com/editorials/35140/Anthony-Wile-As-Predicted-Stocks-Make-New-Highs/
Related posts:
Could the Government Force You to Tell Your Deepest Darkest Secrets?
How Nixon the Keynesian Destroyed the Monetary Regime of Keynes
Secrets and Lies of the Bailout
Should We Celebrate the American Revolution?
Does Innovation Require the Patent Office?
Paul Craig Roberts: Washington Drives the World Toward War
Ruling Allows Officials to Seize Your House Because It’s ‘Ugly and Dumb’
The Throwaways: Pawns in the War on Drugs
$179,000 Each--In Debt
1971: The Year That Nixon Chose Gold Over Paper
Freedom and Servitude: Could You Have Answered This Question?
Too Big To Fail Is Now Bigger Than Ever Before
I, Pencil: The Movie
Trace Mayer on Bitcoin Investments
Bill Bonner: Can This Simple Trading System “Beat the Market”?