Sunday, March 10, 2013

The Stock Bubble

Even with the rise of US markets measured in fiat money, I would not expect the rally to hold. I do not mean a sell off for profit taking either, or a correction, but a return to sanity in which investors wake up to the fact that there is no there there. That is the stock prices do not reflect the fundamental value of the companies they represent. Remember my warning some months ago when Apple was at its peak and consider how many other corporations are now insanely over valued.

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