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Tuesday Pass-Line Bettors Finally Seven Out
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
rickackerman.com / By Rick Ackerman / June 5, 2013
Bears may have been pleasantly surprised yesterday when stocks closed lower on a Tuesday for the first time since January. Has reality finally found a foothold in the fetid, bad-news-is-good-news precincts of Wall Street? We shouldn’t get our hopes too high about this, since the herd still seems to believe that the uglier the economic news, the more likely central banking’s feather merchants are to continue pumping fraudulent money into shares and real estate. Still, you have to wonder how much harder the central bank will need to push on the string in order to compensate for a growing list of economic woes that now includes deepening recession in Europe, signs of serious economic fatigue in China, sharply rising U.S. mortgage rates, a cooling in auto sales and, most recently, news that America’s manufacturing sector is in its steepest slump since the recession allegedly ended in 2009.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2013/06/05/tuesday-pass-line-bettors-finally-seven-out/
