“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:
Hey, kids – let’s talk about heroin!
Should States Be Held Liable for Executing an Innocent Individual?
Lebanon’s Banks Have the Highest Cash Reserve Ratios in the World
3 Reasons the ‘Nothing to Hide’ Crowd Should Be Worried About Government Surveillance
The Real Reason Governments Are Killing Financial Privacy
Paul Craig Roberts: How America Was Lost
Hunting for Foreign Real Estate Bargains
John Kerry’s Tender Sensibilities
Not Your Father's Stock Market Anymore
Two, Three, Many Snowdens!
Bill Bonner: How I Explained Bitcoin to My 94-Year-Old Mother
The American Economy is Not a Free-Market Economy
Declare Your Independence
The Advantages of Bitcoin Over Paper Money and Gold
Plain Old Money Has Gotten Buggy