Here is a look at some really big time gambling, plus madness of money printing and crowds.
Madness Of Money Printing And Crowds
September 17 (King World News) – Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: We know forward P/E for S&P 500 is approaching dot com-era levels, but PEG ratio has also gone parabolic (4-standard deviation move) given collapse in long-term earnings growth & lack of guidance moving forward (see charts below).
GOING PARABOLIC: 4 Standard Deviation Move
As The “Everything Bubble” Marches On
Literally Gambling Their Houses Away
Jason Goepfert at SentimenTrader: “So far in 2020… Homeowners have taken out ~$129 billion of equity through cash-out refinancing. Retail traders have spent ~$254 billion buying call options. Hopefully these are mutually exclusive, or folks are literally gambling their houses away.”
MUST LISTEN: Billionaire Ross Beaty
To listen to the incredibly powerful audio interview with billionaire Ross Beaty discussing skyrocketing gold and silver and why this gold bull market will be the biggest he has ever seen in his lifetime, plus Beaty also recommends one stock that investors should consider buying now click here or on the image below.
Gold, Silver, Inflation, Plus No Sense Of Urgency & Stimulus Failing
***ALSO JUST RELEASED: Despite Volatility Expect Higher Gold, Silver And Inflation, Plus No Sense Of Urgency And Stimulus Is Failing CLICK HERE.
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