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<\/p>\nLast night the U.S. Government shut down\u2026 sort of. This charade of the two party system is designed to move power from one party to another. Since the Fed can print unlimited money, only the legal wrangling remains before the spigot opens again. Once this happens, the stock market might experience \u201ceuphoria\u201d and push the Dow to 16,000. If this happens, I see it as the world\u2019s attempt at love and it will then miserably fail.<\/p>\n
Richard Russell, known as the Godfather of newsletter writers, sees the potential of a \u201cmegaphone formation\u201d or the \u201cbroadening formation.\u201d<\/p>\n
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He said, \u201cThis final wave of optimism is the market’s kiss of death, since this final rising wave takes stocks far above known values\u201d. He looks for the Dow to collapse to 5,000. Incidentally, \u201d5\u201d if the number of Grace. <\/p>\n
In his interview: Question — How do you think we should prepare for these massive changes that you foresee? <\/em><\/p>\n Response: I’m not really sure, but my first response is that we must abolish greed and become spiritual. Currently, it seems to me that the emphasis is on profit, growth at any price, power, greed and wealth.\u201d<\/em><\/p>\n He expects a drop like this would evoke a new monetary system.<\/p>\n I think Richard is on to something big!<\/p>\n