7/16/10

Thought of the day

We have big problems facing us. Just look at what is happening to the dollar.

They will try everything from printing money to raising taxes. But the trends are in place and they will be difficult to reverse.

The economy will keep slowing and inflation will become deflation. The unemployment rate will stay at politically embarrassing high levels.

Printing money will not work. Eventually the government will be forced to do the obvious.

It has done before and it worked. Why? Because the markets always win.

I will discuss this issue in detail on the next The Peter Dag Portfolio.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

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