The Aden Sisters reckon that the markets are okay short-term, BUT they see a hyperinflationary crash coming down the road…
NEW YORK (MarketWatch) — An apocalyptic hard-money letter says party on — for now.
When I last checked with the Aden Forecast, the well-argued service edited by Costa Rican-based sisters Pamela and Mary Anne Aden, they were making one of their periodic tacks in the face of market conditions. ( See Oct. 18 column.)
The Adens expect a hyperinflationary collapse — but they also have great respect for the Federal Reserve’s ability to stave off the end, short-term. And they concluded that market action was telling them the Fed has succeeded, again.
This combination of strategic insight and tactical flexibility has worked. Over the past 12 months, the Aden Forecast is up 17.9% by Hulbert Financial Digest, versus 12.6% for the dividend-reinvested Wilshire 5000 Total Stock Market Index. Over the past three years — which includes the Crash of 2008, remember — the letter is up 6.55% annualized versus negative 5.86% annualized for the total return Wilshire 5000.