What’s that sound, you say? Those of you with extremely sensitive hearing probably heard a dog whistle this morning, after the absolutely execrable unemployment numbers came out. Given that the increase in unemployment, the lack of job growth and the near-frozen economic capability of our scared scat-less private sector leaves the Powers that Be with very little in the Hope and Change department, the only remaining response is a toot on the dog whistle.
And who’s that St. Bernard that’s come-a-trotting with a big barrel of printer’s ink secured beneath his hairy jowls? Why that’s St. Ben-ard Bernake! He knows that there’s no FacePlant Book rally coming to secure the 2012 elections and therefore his place on the Iron Throne of Westeros. So the only other plan to help us out here is to pump the press and let the liquidity flow. Heck, what are you going to do, anyway? Buy Euros??
No, but there’s always RGLD, GDX, GDXJ, SIL, SLW, EXK, AG, ANV, IAG, and of course, BAA. Tons of other “beaten downs” as well that will make someone a lot of money, but as you know, my time here is limited.
Go out there and feast. It’s Printing Day.
Best to you all.