Looks like they’ve found a place to put all that QE money.
A better indicator of where the economy is headed is the amount of gold and silver that has been purchased since the beginning of the year. Apparently, a lot of people have figured out what is coming down the pike. And it’s not pretty.
This Bull run seems to be as implausible as the 15-20%/6mos increases in home values in the not too distant past. Time to pull out and watch from the sidelines.