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!