Here is your Crux AM update:
These indicators say stocks are super-expensive today
"Based on the latest S&P 500 monthly data, the index is overvalued by 49%..."
Pimco's Bill Gross: "The U.S. needs to make things, not paper"
Unless we start "making more goods and making them better, the smart money will continue to move offshore..."
An unexpected development could send silver higher than anyone imagines
Why central banks will start buying silver...
Bullish extreme: Investor sentiment continues to rise
"This is the longest streak of above-average readings since 2004..."
Nassim "Black Swan" Taleb: Ben Bernanke is "beyond unwise, he is immoral"
RIPS Fed chief for "using the savings of millions of U.S. retirees to subsidize a failed banking system."
Regards,
Justin Brill
Managing Editor, The Daily Crux
www.thedailycrux.com
Posts
