This Cute Chuckle is circulating Wall Street to convey that USA is continuing to Hyper Print Dollars to fund Hyper Deficits ~ theoretically this should make the US $ increasingly worthless over the Years !
Click on the Cute & Wise Baby to see her Action !
And we all know that there is an inverse co-relationship between the US $ and Gold !
Cheers !
4 thoughts on “This Cute Chuckle is circulating Wall Street to convey that USA is continuing to Hyper Print Dollars to fund Hyper Deficits”
hi gaurav,
can we expect following till US election November 6
1)Huge Rally in US (I have ESOP listed over there and hence concerned about it) (FED:13 Sept)
2)Huge weakness in Rupee
Regards
Sameer
2)
Dear Sameer,
I’m finding it increasingly difficult to remain an Optimist !
US has every element of being a suckers rally being funded by QEs and Euro Capital fleeing into,ironically, US Bonds ~ enjoy till it lasts ~ Latest US Macro Stats are disheartening on the US Recovery ~ GDP growth has dropped to 1.7% from 4% + ,Unemployment yet remains over 8% ~ and more critically, post November Elections and actually beginning in 2013 expect huge incremental taxes and cuts in government spending regardless of who is in the White House ~USA is going to fall of a fiscal cliff say their top doomsayers beginning 2013 and Wall Street will be shattered ~ at best Government can kick the can a little more down the road by QE3 ~ but the road is a financial dead end ~India has it’s own economic woes developing and the Rupee should remain under pressure ~ Gold seems to be the ultimate hedge even if many Investor Gurus like Warren Buffett don’t recommend it !
Sorry Sameer if I sound hopeless ~ but it is becoming imperative to protect your Income,Savings and Wealth by astute asset allocation and hedges
Combine these US Woes With China slowing and Eurozone struggling to survive and expect a financial meltdown that would be by the looks of it be triggered in Europe by sovereign defaults and major banks collapsing
Existence is going to become economically more painful for many around the world ~ Given the discouraging US labour report that just came out I dont see any room on Sept 12 /13 for Ben Bernanke announcing any further Stimulus measures through what will be termed as QE 3 ~ but interest rates will remain all time low probably even beyond 2014 ~ Those exposed to 401k Retirement Accounts and Pension and ESOPs in USA remain worried just like you ~ look for ways to reduce and manage this risk ~ hedging directly or indirectly through inversely co-related investments is one way
Being in Cash in a solid Bank in a solid Currency is another
Cheers,
Gaurav
gaurav sir,
every day i open this blog and whenever i see your writings i cant express those happiness.thanks for thoughts in ur reply to sameer sir.
please write often (it can be in small writeups).
its just request.if u have time and energy please post often.
my heartfull wishes and thanks for u and ur family
Thanks Gaurav for sharing ur thoughts … u sound like great investor Seth Klarman…