07/04/2013

The Central Banks and money printing came in focus again last week.

Some media said that the US is printing just below 100 billion dollars a month to support the economy with still lowest interest rates in bonds. Japan has now started the same thing aiming to get inflation up to 2 percent with enormous sums. Even ECB is said to print money but I think that the German Bundesbank and government could hardly agree to that. Pimco, the worlds biggest investor in bonds, is worried about this. It will probably not affect the markets right now but it will certainly "end in tears" as the company boss said which I referred to during this week. Others say that the PE in SP500 is too low and this is a long term buying opportunity. This does not look like a top and not before 30 - 40 percent increase in the indexes there should be some worry. Who is right nobody knows but in my opinion by following the global diagrams daily technical analyses will show the answer long before the fundamental thinkers have woken up. So it has been since I started in 1983.This blog is for investors to see the big turnarounds as fast as possible and for traders to get a clue what may happen short term. Only 5 percent of traders are correct. 95 percent loose money.

There are other things which have not been present at the last big tops, 1987, 2000 and 2007. Master Astrologers is said to agree that between June 24, 2012 and March 16, 2015 like 1932 - 1934 old ways of thinking and doing things will be swept away which will create an environment of revolution and eventually a rebirth to a new way of life. A period of great change have started on personal level and global scale and a depression has not happened since the 1930's.

I still believe that the fundamental thing with printing money and low interest rates must come to an abrupt end during this year and bond prices will fall and rates move up. When the charts show that this will happen then it is time for an unexpected long term fall of the big indexes.




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