Easiest money in history

Elliott Wave International/Murray Gunn

Repost from 4-13-2021

Chart showing the cycle of market emotions from optimism to euphoria to despondency to optimism againClick to enlarge

“This era of central bank-induced gushing liquidity, combined with a manic social mood, has created statistics that, when looked back on in the cold light of day, will be viewed as clearly insane. At this juncture, it is seen as entirely normal, indeed clever, to give your money to someone who will not tell you what they are going to do with it. The SPAC (Special Purpose Acquisition Company) mania is a prime candidate for the financial bubble history books.”

USAGOLD note: Well said…

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