“A DIRE WARNING”
by Dwight Kehoe, Editor, TPATH, ©2013
If you are among those who benefited from it and you are also devoid of conscious liability in the complicity of the destruction of the dollar and America’s middle class along with it, it may be time to reflect on a few things.
1. Most of the corporations listed on the DOW which have experienced huge increases in stock prices are either not making a profit or are doing so based upon streamlining and cutting back on services and employees and moving them to other countries in response to higher taxes, the Un-Affordable Health Care Act, repressive regulations, and unsustainable employee benefits and wage packages.
2. Individuals as well as corporations are borrowing money to invest in the stock market. This money has and continues to be available via the destructive policies of “Monetizing Debt,” better known as “Quantitative Easing” but should be called what it really is, “Currency Devaluation”. Read the “Mechanics of Quantitative Easing” we posted in October, 2013.
3. Money being distributed to Federal Reserve Member Banks for lending purposes does not really exist. Its only value is by “commission of fiat” which is the government’s hollow promise to pay it back. This government has moved far beyond any threshold where that will ever be possible.
4. Free money is like heroin. The addicted continually need more and more until all reality and value of life are consumed in its acquisition and no fix is sufficient to keep life stable. Reminiscent of the housing bubble which was caused by the socialist policies of Obama’s buddies and blamed on Republicans, the stock market has ingested financial heroin and is bloated to a bursting point of no return.
5. TPATH is not telling anyone to divest their holdings or even suggesting that you do. Financial advisement is not our game. But we are issuing a dire warning to all our readers. Be vigilant, be very vigilant. Watch your mutual funds or stocks closely. The profits you have made over this past year could be wiped out in days or even hours. Those big money investors are perched, poised and prepared for a massive dump at the first sign of the bubble quivering towards a hemorrhage. If you, the small investor, are not careful, that hemorrhage will collapse your future.
6. Be warned, you will be told it’s only a correction, as they themselves will be running to Belize with sacks of cash that days before resided in your account. Be warned, that “correction” will continue day after day, week after week until your portfolio resembles a city block in Detroit and you find yourself saying, “It’s too late to sell now; why did I wait so long?”
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