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Message: Markets

Mining stocks in general turned from red to green today as the Fed suggested the time is not right to raise interest rates. IT MAY NEVER BE while the world is stuck in a cycle of currency debasement, and US employment figures contiune to show declining household incomes.

As Jim Sinclaire says, "It's QE to infinity", though QE has been expressed differently in the last couple of years. What we really need now is another bubble, because it's been bubbles that have helped prop up the system for a few decades now - last one being in housing, one now in common stocks. Sooner or later, they will have to get arround to commodities, as happens 2-3 times per century anyway.

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