A LOT of money to be made in the market under Obama. He is a terrible president, but he and Bernanke have been great for the market.
I feel sorry for all the hopeless bears and gold bugs who read sites like ZeroHedge and believe the market is about to collapse.
Yes, our economy sucks and is a house of cards - but that doesn't mean one can't make a lot of money if they take advantage of the current situation.
“I feel sorry for all the hopeless bears and gold bugs who read sites like ZeroHedge and believe the market is about to collapse.”
Unfortunately, Longbow, you can get out your violin for me. because I am one of those bears you are referring to, I’m sorry to say. Although I was never a ‘gold bug’, at least not by the conventional definition.
I only glance at the weekly and monthly economic reports now, leaving the ‘analysis’ to someone else. Nothing seems to matter except those 85 extra billions from the Fed.
Hopefully there’s still time for me to change my ways...
Your statement is correct UNLESS the piano falls on your head.
The other aspect to consider is the question of whether you make money or not... WHAT will it eventually be WORTH?
Three minutes worth watching.
Ron Paul & Jim Rogers on the government:
"They'll use force and they'll use intimidation"
http://www.youtube.com/watch?feature=player_embedded&v=CmqIerOV3EM