Yellen’s Recovery is as real as George ‘s Beach House Ep. 35

Yellen's Recovery is as real as George Costanza's Hamptons Beach House Ep. 35

* Volatile Friday followed by Monday rally trend
* The stock market has rallied very high very fast with little technical support.
* The gold market had its best week relative to equities.
* Only a dozen markets have beaten gold this year.
* Rally started with Michigan Consumer Sentiment assisted by Dodd/Frank revisions.
* The dollar was mixed at Friday close.
* The oil market is indicative of the Fed's movements.
* The Fed's history predicts continued to support for bubbles with additional QE, despite reports to the contrary.
* QE4 will be bigger than previous QE's and will precipitate higher oil prices.
* The pretense that QE is over has fueled the market, but QE4 will trigger the bursting of multiple bubbles.


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