The feverish purchasing of stocks since January 31st has been predicated on one absolutely laughable notion: that the government of China is well-intentioned, honest, and is fully-disclosing what’s going on with its pandemic. Allow me to remind you that this is the same government that has killed tens of millions of its own people without a second thought.
Liquidity moves markets!Follow the money. Find the profits!
In any case, all the 18 year olds who have been taking out personal loans to buy TSLA calls are in for a surprise, as the truth is, God forbid, actually starting to leak out of the Middle Kingdom.
While our friend gold is finally getting some attention.
Just because a man is famous and powerful doesn’t make him honest.
Of course, anyone with a knowledge of the people appearing on Time’s cover – – especially the Man of the Year Honor, like shown below, realizes this already.
Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.