Loading ...This SM is so inflated here in the US it’s just ridiculous, as are so many other assets like Bitcoin. I see that lumber has crashed from $1600 in May to just above $600.
That’s the big question, are we headed towards inflation, deflation, or stagflation?
We have a Fed meeting this week and everyone is worried about the taper. Maybe the SM is sending the Fed a message – If you taper, the SM will crash. Course all of this is planned, and as long as the banksters are on the right side of the trade, all the rest of the investing public is screwed.