Randy (1 July 2013)
"Because I
CAN......Market updates, YTD 2013."
(I just wish I could be this right about the
Rapture!!!!!!!!!!!!!!! Still THIS Jewish
Year? Before Sept 5?? )
In the mean time.......there's REAL LIFE to deal with.
Remember the predictions over the past few years for:
'
1) The DEATH of the US DOLLAR? NOT
YET !!! (I told you so.....)
2) Replacing the US Dollar as the World's first choice of
currency? NOT YET !!
(I told you so..)
3) The Economic IMPLOSION of the US (and world )
Economies? NOT
YET !! (I still say the Rapture
FIRST, and THEN it ALL IMPLODES!!)
4) ALL the Hype about GOLD going to $5000
??? Gold....DOWN 33% in the last 6
months !! OUCH!!
(I told you it couldn't keep going straight up!!)
5) I STILL Hear ads for SILVER on the TV and Radio...BUY
NOW!! ALSO DOWN 33% this year.
OUCH! (Silver...Gold......same worries!!)
6) For the next CRASH of the US Stock
market? NOT YET !!
(Hey....even I AM AMAZED that ti got back to record
highs.....NOTHING HAS BEEN FIXED for gosh sakes!!)
Ahhhh...opinions......everyone has one....and they all
SMELL!! (me too!)
OK.....WHAT IS TRUE now????????????????????
1) Market (US and World) IS struggling
now.... Prediction?
VOLATILITY will continue........ the bias is still UP. But
we shall see!! (Problems in Europe and/or China/Japan
could hurt the US)
2) THIS LOOKS ABSOLUTELY TRUE..... the BOND MARKET is a
mess...... interest rates on 10 yr TSY's is up from
1.61% a few months ago, to 2.5% Now...A HUGE MOVE in s SHORT
TIME.
While rates "may" not move that much more up in as quick of
time.....pressure IS ON RATES to move up, or, at the very least
STAY up. (concerns about the Fed stopping QE
15.....lol)
And....IF bonds stay under pressure due to interest rates rising
still....THE STOCK MARKET SHOULD EVENTUALLY TAKE A HIT.....
and
CHINA......will China take a fall soon.?
and
Japan.......can their markets stay up, after a recent BIG hit?
LOTS of problems out there...... one day (after the
Rapture) It just ALL HAS TO GO POP!!
TICK TOCK......
YFIC,
RAndy
PS.........It's been a great year so far in most Financial
Products. Be wary of bonds now!