I originally spoke about how we were wound up perfectly for a false recovery that would lead to cripling inflation and economic destruction in 2009. March 9th, 2009 to be exact. If you go back and look we were sitting near the bottom of the market at that point. People were claiming that the big one was coming, we were about to go full on economic collapse. My assessment was totally different. I stated that we were going to have what would look like a full on recovery except it would be a hollow one with no underlying reason for … Continue reading →
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