One of Peter’s best videos:
* What experts are saying about gold. When asked, Suzanne Orman hesitantly admitted that investors can buy gold, but just a tiny bit, and certainly not the physical stuff, but an ETF.
If you believe in sound money and the JP Morgan Gold fraud, then it seems like she’s taking her talking points from some very powerful people.
* Big Media propaganda talking about this was the best September (typically a down month) in 71 years.
This is obviously flawed. If, for example, the dollar loses half it’s value in a day, the same analysis will call it the best DAY the stock market has ever seen.
Peter compares the Dow’s 7.7% and S&P’s 8.8% gains to other things:
A Commodities index gained 8.7%.
Soy Beans 9.5%
Copper 10%
Rice 10%
Oil 11%
Corn 12%
Silver 13%
OJ 13%
Cotton 17% (Peter’s jockey shorts beat the Dow)
Sugar 19.3%
Australian Dollar 9%
Peter Asks: “Do you think stocks really went up in value in September, or is it more likely that the dollar lost value?”
* The bogus CPI index says prices went up 1.5%. Federal Reserve’s Open Market Committee says inflation is too low.