The Government will Save us
That seemed to be the mantra yesterday as the Fed spent Billions and the Markets extended itself on the devalued dollar. The housing sales numbers Looked good and rising house prices also extend the myth of a strong economy when the actual picture is a weak dollar.
The old school rhetoric would say 'put your money into something that will maintain value, ie hard assets' and that is what has been happening with the Markets and properties lately. As the dollar continued to slide lower the amount of dollars needed to purchase those hard assets like stocks, gold, commodities, properties all rose over the last few months. The strength of the Nation used to be the strength of it's currency but in this cyber century the virtual funds that keep things moving are all that matters. If gasoline is $5 and bread is $5 it won't matter as the Government will just keep printing money to keep the supply chain going and money in circulation. Now does that sound like any type of Real solution to keep the Markets and the Economy up? Real equals Reality and the World economic problems cannot be swept away by a spend spend mentality, at least not permanently.
Be Safe and have a Wonderful Week!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
