Inflation Makes Everybody Poorer (And It's Government's Fault) https://t.co/rhMtTuXIZN
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Remember I called the Bank crash in 2007 and issued additional warnings in 2008 the banks would run into trouble...click here for the article.
Reading the financial newspapers and watching CNN we understand the average investor looses his marbles. Today is up and tomorrow down and although they don't know why and don't understand they each time manage to find an excuse for the market's behavior. How stupid it can be. As stupid as the Investor who thinks he can beat the market by buying some hot stocks.
Inflation closes in on 20-year high Inflation will today hit its second highest level in 19 years when it peaks at around 5pc, dealing households one final blow before starting to decline. The monthly consumer prices index (CPI) has risen above 4.7pc just once since it reached 7.2pc in March 1992, according to the Office for National Statistics (ONS). Economists expect CPI for September, published today, to be between 4.9pc and 5.1pc – just below the 5.2pc recorded in September 2008 after oil rocketed to $147 a barrel."Banks did not see the problems coming up, why then would one listen to them? - Most financial analysts cluster and just fill up reality with static. We're different" We have over 30 years of International financial experience...and are fully independent. This is institutional quality research in reach of all.
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