Randy (22 May 2013)
"Goldman Sachs Predicts 33% Market surge over next 3 years.......  Hmmmmm"


 
BTW, goldman Sachs has been predicting "stay away from bonds" for some time now.  (the fear that if interest rates go up, bonds will be killed)  But, if rates go up......can the stock market STILL manage the gains they are predicting?

BTW 2 -  Why is the stock market up?  Simplest answer:  WHERE ELSE ARE YOU GOING TO PUT MONEY TO MAKE A RETURN?    CD's? NO.    Bonds?  NO   Gold? NOOOOO   Real Estate?  NO

What's left?....stocks...  I just "could" be THAT simple here!! 
 
 
Well....you gotta admit.......those who have been predicting over the last 4 years....
for the DEMISE of the US Economy and the
Great Fall of the US Dollar.......and the
continued RISE of gold.......
and Interest Rates going UP......

WOW......y'all could NOT have been more wrong.  You think?? 

(Remember.....I've always said "NO Great Depression until when?  Until AFTER the Rapture.) 

But.....even I am SURPRISED by:
1) The US markets now back to record highs...
2) that the Euro and the European markets have NOT had more problems....more drops.  (I still expect them to implode FIRST..and THEN impact the US markets.....)
3) That interest rates have NOT started going up yet.  (But wait until the Fed stops buying up US bonds on a monthly basis....THAT could signal the top of the market....and set off a big landsilde of stock prices as well as bond prices....we shall see) 
4) That Japan is PRINTING MONEY  more and more and more......  and so far, it seems good for their economy and stock market.
 
 
I am NOT surprised by:
1) The fall of Gold.  (But I do love how the gold-nuts are justifying this drop and demanding gold is such a steal at the current price...  we shall see.  These are some of the same people who ahve been saying the US stock market was never going to recover........and would never go back to record highs.)   (HEY....EVERYBODY"s got a vested interest in their point of view!!)   
 
2) The US dollar holding it's value against other currencies like the Euro.  The world STILLL runs to the US/US Bonds in times of global financial disaster. 

NOW, granted.......  how long can this "house of cards" around the world continue? 

Sooner or later......the people crying for disaster......will one day be right.  But i nthe mean time.....and for the past 4 years now......THEY HAVE BEEN WRONG.

Hey....nobody appreciates the RIGHT call....TOO SOON!!! 

So, will Goldman Sachs be right???   We shall see.  But without the Rapture...they might very welll be RIGHT!

TICK TOCK,
YFIC<
Randy

PS.....as I travel the roads...I am sensing/seeing a pickup in morning traffic...and it might be a visible indication that the economy IS....slowly.....picking up.

I know....many....MANY people are still suffering in this economy.  Lives have been changed forever...many have lost their home....  but SOMETHING IS GOING ON>

I'm seeing homes around me/ around my area being bought.....re-occupied....and they are buying them for prices not seen in over 10 years....bargain basement prices....while my own house is UPsdie down on the mortgage.  Well, I can be happy for THEM....or I can be down i the dumps for my own situation.....it DOESN'T Matter..IT IS....what IT IS!!  And transactions ARE taking place.

My own home is up 10 percent, according to Zillow.com.....over just the past year.  THAT is good for me.....and my mortgage is DOWN 5% during the same time, for a "net" increase in value of 15%.  While it is NOT like the go-go time of 2002-2006 in Florida for home prices....I'll TAKE IT!    A pick up is a pick up.  Like it or not.....things seem better.   But they are NOT better for everyone....and I know that. 

The challenge is.....it seems like a "new economy"  and we must adapt...and the problem is....I (we) in many cases.....don't WANT to adapt...or CANNOT adapt, for whatever reason. 

Again...oh well....IT IS....WHAT IT IS...... 

Personally.......I'm still pretty tired of dealing with it all.....the Rapture THIS YEAR would SITLL be fine with me.....  but I know....the Rapture may still be 1 year....or 5 years off yet.

We shall see..... 

See my other post today.....the writer expresses her sadness about being "all ready for the rapture....and it just hasn't happened yet".   Couldn't agree more...
 
I'm not the only person frustrated by the fact that it hasn't happened yet. 
 
And...last......another post today (I hope) where another guy DISAGREES with Goldman Sachs, and he says" US Stock Rally will end REALLY REALLY BADLY"
 
Ah.......2 opinions.....Goldman Sachs and this other guy.....  WHO WILL BE RIGHT?   We shall see.
 
What if....THEY BOTH END UP RIGHT?
 
1) The stock market DOES go up another 33% over the next 3 years......
 
and then.....
 
2) THEN.......it ends really really badly? 
 
BOTH could be right......  but for the next 3 years......who's opinion will MATTER MORE? 
 
NOT until the negative guy is RIGHT.....will his opinion matter at ALL!  
 
Again......NOBODY remembers the guy who was RIGHT.....3 YEARS BEFORE IT HAPPENS!!!!
 
Funny business.......predicting the future of the stock market....
 
Hey....it's alot like trying to predict....THE RAPTURE!     lol