MUST READ ARTICLE: US MARKET IS a Bubble THANKS TO MASSIVE DEBT!

Guys I found that the stock market is a MASSIVE BUBBLe thanks to
1) international capital flows
2) bizarre low interest rates
3) AMAZING  MARGIN DEBT = 2,5% US GDP!!

READ THIS PART of the article:


Narrowing our focus to the present advance, what concerns us isn’t simply the parabolic advance featuring increasingly immediate impulses to buy every dip – which is how we characterize the psychology behind log-periodic bubbles (described by Didier Sornette in Why Markets Crash). [b][i]It’s that this parabola is attended by so many additional and historically regular hallmarks of late-phase speculative advances. Aside from strenuously overvalued, overbought, overbullish, rising-yield conditions, speculators are using record amounts of borrowed money to speculate in equities, with NYSE margin debt now close to 2.5% of GDP. This is a level seen only twice in history, briefly at the 2000 and 2007 market peaks. Margin debt is now at an amount equal to 26% of all commercial and industrial loans in the U.S. banking system. Meanwhile, we are again hearing chatter that the Federal Reserve has placed a “put option” or a “floor” under the stock market. As I observed at the 2007 peak, before the market plunged 55%, “Speculators hoping for a ‘Bernanke put’ to save their assets are likely to discover – too late – that the strike price is way out of the money.”[/i][/b]

EPIC ARTICLE!

A MUST READ!!!

MORE:
http://www.hussmanfunds.com/wmc/wmc131223.htm


My outlook is that precious METALS have found NO BOTTOM YET. They need to test lower levels . This is what the monthly charts are screaming. I may be wrong, but I believe it could keep going down.

But you need to cover your tangible basis. DON´T Be STUPID: don´t go full "virtual coin". NSA will use your password and a "cyber flag event" WILL TAKE YOUR wealth . Or "ANonymous hackers" .
keep a part of your wealth  in tangible  , and away from governments.

if  silver prices go lower, then remember now is dirty cheap and miners are in big trouble.
Wait to see if the 1180$ support works well between now and march.