Corporate buy-backs that normally cannot occur do so now because of artificially low interest rates. So Ben Bernanke has chosen to feed money to the corporations and take money from the mouths of the retired Americans who need safe yield in their investments – he has made a choice for the rich and against the poor and elderly in America. Nothing could be clearer.
The income gap between the very rich and everyone else has more than tripled since Alan Greenspan came to power at the Fed.
America’s soul is on trial. And so far the trial is not going very well for America.
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I realize not all my readers share my political bias. I am conservative fiscally and liberal in terms of social policy – in the 1960’s we had liberal Republicans who filled this role: Nelson Rockefeller and George Romney, to name a couple.
The times are going to radicalize all of us.
One last bonus chart, to show you how the PULSE INDICATOR can tell an investor what to buy and how long to stay in a stock. The Number 1 issue on our list (above) was DUST, which is an Inverse ETF that is short gold stocks. Let’s look at a picture of DUST with a special emphasis on the indicators we have discussed in this epistle.
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