Thursday, January 5, 2012

Financially Learned from CNBC Today

The network advertised the following:

1. The network doesn't understand why the EUR/USD is not "currently" dictating the value of us equities.
2. It's been pretty obvious that the network has never acklowledged the correlation in the first place (for the past two years.) It was paid to hide it.
3. Then, later, the network suggested perhaps there was a US "money printing" exercise forthecoming and that the fact had been known for some time, e.g. "QE3" = printing presses.
4. Of course, we all knew the gold price was rising so it was no surprise that the powers that be paid CNBC to "say" dumb stuff as usual in the face of suspected inflation (price inflation, currency deflation.)

What have we learned?

- The network has been involved, i.e. this is an expensive undertaking.
- The EUR/USD has super-crashed. Watch out.
- Someone(s)wants YOU to:

a. Buy US equities especially banks (stock.) - so SELL (soon)
b. Get into the market - so Stay Out of the market while others get screwed.

TV is a very clear reinforcement...!!!!!