November 5, 2009
The one bubble I see for sure: The Money Supply Bubble
Are we in an "everything bubble"? That is, are the recent huge rallies in gold, stocks, and most other asset classes in the world mostly mostly attributable to the type of blow-off top action you get when bubbles start to pop? I don’t know how many bubbles we’re living in right now, or even if we’ve even entered truly bubblicious territory or if we’re just on the way to bubble creating everywhere. I do know this – the Fed/Treasury/White House/Congress have created a bubble in the money supply in this country. ... read more


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