muses of the moment

April 12, 2011

John Williams summary

Filed under: Hyperinflation, The Federal Reserve, The Financial Crisis — totallygroovygirlfriday @ 3:50 pm

You pay for the detail, but here is the summary from John Williams at shadowstats.com.

– Near-Term Hyperinflation Risk Continues to Progress
– Trade Deficit Should Be a Negative for First-Quarter GDP

Short term look at the markets

Jesse over at Jesse’s Cafe Amercain has created some charts for the US stock markets and precious metals markets. This is a short-term look.

Click here for stock markets. Looks like we may have reached an intermediate top?

Click here for the precious metals markets. Jesse is looking for a fall back to $1450. (Not a big deal for longs, he is talking to the leveraged and day trading crowd.)

Groovygirl thinks that the markets are waiting to see of the Fed takes a break from QE2 or decides to raise rates. I don’t think they will do anything different, but the market reaction to any rumor, whether true or not, must be accounted for in the short-term.

Groovygirl is awaiting the June 13-14, 2011 date of Martin Armstrong. The low or high on this date will probably give us the direction of hot money for the next 2 years. However, long-term (5-10 years), the outlook is the same: dollar down, gold up, currency collapse/hyperinflation, and continued global financial crisis.

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