With real interest rates running at or near minus 4%, the Fed (or its twin, depending on where in the world you live!) is actually, for all intent and purpose, paying us to borrow money! IMHO, there has never been a better time to max our credit and, with the possible exception of housing, dive into the waters of hard assets or select equities whose prices simply have no correlation to their value, but will respond violently to the surefire round of inflation soon to be hosting the "party!"

"The same thing cannot be true and untrue at the same time!" A taste of objective philosophy.

"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right." A quote from Benjamin Graham.

Reason has been abandonded by the market replaced by emotion which tells us nothing about reality.

When men abandon reason, they find out that not only their emotions cannot guide them, but often the only emotion they experience is - - - terror! (fear scaled to another level!)

Panic and terror are currently the drivers of SP!

It will pass!

"One of the most dangerous moves one can make is to surrender his moral autonomy to others!" Ayn Rand

RUF

In the meantime be happy with the freegas, freegold and freemoney!! Heck, when its free, take as much as they offer.

Are all these freebies part of the Republican platform to re-elect the Pres and gain control of the upper Houses? Gas at 90 cents a litre certainly has the electorate's attention!

Still exceeds reason by a factor exceeding reason!