Posts Tagged ‘Ponzi scheme’
Will Russian Sanctions Mean Higher Inflation?
Stocks continued their decline last week as metals rallied strongly. While many analysts blame the rising geopolitical tensions for the decline in stocks and the rise in gold and silver prices, the reality is that stocks went into calendar year 2022 extremely overvalued, and metals were undervalued in light of the massive currency creation that…
Read MoreMy Thoughts on Stocks as We Begin a New Year
Last week, stocks touched their all-time high levels from November completing a “Santa” rally. At this point, it remains to be seen what this means. Since my long-term stock trend-following indicators are negative, I’d have to bet on a double top, which is a bearish pattern, but time will tell. January is typically an important…
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