Market Observation - Chris Puplava 09.30.2009
In this article the author does a great job of demonstrating how the market reacts to the artificial stimulus of increasing Reserve Credit, while at the same time consumer confidence and lack of consumer spending is putting increasing pressure on markets to correct. So long as Reserve Credit continues to increase it should put upwards pressure on both equities and precious metals, but when Reserve Credit begins to be withdrawn, look out. It seems as if now it is not a question of if we will have another major leg down, but when.