New Pit Boss should make you feel good.....right? After all, it couldn't be worse than the last maestro. Oh wait...that's what we all thought 8 years ago. Remember those Kress Cycles. Remember the Kondratieff winter. Remember the Elliot wave analysis back 7 years ago or so. All the predictive, historical expert analysis and where are we now? They were all wrong! ..... Well...not exactly. Let's just take a more objective peak behind the curtain.
In 2011 we had reached a stalemate with our first QE and as it was ending the market started to unravel as gold and silver accelerated and therein lies the beginning of the ultimate lie. For the next 3 years our Fed embarked on a printing scheme so diabolical that even John Dillinger blushed. Even with Trillions and Trillions of QE, bond repurchases, repos, reverse repos, bail ins, bail outs, sovereign gold confiscations.....we're still NO WHERE. The most important employment statistic is not the FOMC 4.6% unemployed puketoid. Its the 95 million FOMC number of Working age Americans NOT Working. You don't even have to go in and look at the fake "employed" number and its disgusting lie of "made up" hospital IT jobs.... of its subsidized (liar loan) car manufacturing recovery. NO soup lines??? Try 50 million EBT cards...many with "free money" attached to them. NO INFLATION?? You must not have received your health insurance premium. You must not go to a Dentist or Lawyer. Do you stay in a Hotel? Do you purchase a new vehicle? Do you rent? Have you checked housing prices in many regions recently? (now there is an entire diabolical story)
We are in one of the most shocking periods of asset price distortion in history. Worldwide coordinated money printing within the Western Banking controlled countries. Cross the line and they will try to punish you...eg. see Russia. How long will the Russias and the Chinas and Brazil and Argentina keep letting the charade continue before they pull the rug out from under the greatest Ponzi ever? Maybe they will help us carry the ball all away across the finish line. Maybe they will let us print Trillions more to build our military to an even greater World Predator. MORE DOLLARS at and even higher value and we don't have to invade the developing countries......we can just buy them. That's what we're doing now. We buy their bananas, their copper, their steel, their electronic, their cars, their clothes......we just print debt FRNs and buy. And Buy. And Buy. We had a solvency crisis and we fixed it by adding more debt.....unfknblvble.....
So bottom line is this. Watch for an extension of the Ponzi for at least this year with the same mantra. "We are slowly growing/recovering and employment is stable and interest rates can be slowly raised". But they cannot be raised. At least not rapidly enough to keep up with the Bond Boyz.. But for awhile they're gonna pretend the Fed is ahead of the curve. Real inflation if their enemy and that's what's about to get out of control. Everyone says its deflation but its INFLATION. Money velocity is out their lurking in the dark. It starts to move with Trumpnomics or euphoria or fear of dollar devaluation and this whole game will take on an entirely new level of fear. So watch the Fed dance this year. IF they get their stated goal of GDP growth and money velocity starts to kick in, they will never be able to catch up to that train with their rate hike until the system just implodes.