I don't know about you but I've been following the markets for twenty years or so (thirty if you count the part I wasn't involved in - I was busy being... whatever!). However. Period. I know the futures and the options and the dollar-equivalents. I do track the dollar/gold/indu charts daily.
What we got here is a disaster.
I don't mean maybe.
I mean this is "for real".
BondDad is so "politically correct". He doesn't want to scare you.
But I do.
I usually want to talk about the Constitution or 'morality'.
But, now I want to talk about the thing that might matter more than any election. It's all about how our financial system (the one you log onto in the morning to see whether xyz cleared) is doing.
It's not so well.
It appears that corruption (like appointing college-students to make-up stock markets in Iraq?) has invaded every fascet of our American Nation. For reasons that we might speculate on later, there has been a rampant push of created money within our financial system. And. These are sanctioned by the biggest names.
I hope you notice that I am not linking anything.
I date not.
I care first for my family.
But I will say this:
Citi is broke.
JPM is overloaded with the derivatives in question.
Goldman is mainstream Bushco banker-frauster... Paulson.. geez
If you have not looked at things from a non-government-sanctioned stand, please do so now.
It is really urgent.
Thanks for reading.
illyia