INVESTORS WHO BELIEVE IN A FREE LUNCH ARE ABOUT TO GET A VERY EXPENSIVE BILL $AMZN $GLD $FB $NFLX $NVDA $AMAT $MU $AMD $AAPL
More and more investors believe there is a free lunch.
That is, you get something for nothing. In investing, people have been getting a free lunch: Stocks (and bonds) have been rising for years without a bad turnout.
Will there ever be consequences of massive money printing by central banks, $20 trillion in national debt, a high trade deficit, underfunded social-program liabilities and higher deficits resulting from tax reform?
One would think so. In theory, gold is supposed to be a hedge against the supposed free lunch investors are enjoying. In practice, it has not worked out that way so far.… Please click here or the title below to read more.
February 21, 2018