Thought of the day

The world economy is in trouble. The ECB and the Fed are comitted to printing money to generate inflation and create wealth by inflating asset prices.

If you are smart enough to be invested you are making a lot of money. If you do not have money to invest you are in trouble.

Is it fair? Certainly not.

But this, my friends, is how the world has always worked and will continue to work.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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