Friday, December 15, 2017

Is Amazon or BTC in a Bubble?

The truth is friends there are bubbles everywhere. There are so many bubbles everywhere it seems the law of gravity itself has been suspended.

I'm starting to get the sneaking suspicion that what we are really witnessing is a global hyperinflation of ALL assets courtesy of the money printing (aka, global, synchronized recovery [pfffffftttttttt]) by our glorious central banks. May they burn in flames. No I mean it. In a kind, non hate-speech kind of way.

But speaking of bubbles, it seems all you hear about is bubbles in the Crypto space. Bitcoin's (BTC) in a bubble, Litecoin's (LTC) in a bubble, Ethereum (ETH) etc.

With the DOW breaking records every day and the S&P on track to have its first year EVER (YAY!!!) without one single down month and so much speak about bubbles, why do we never hear about that on main stream media (MSM)?

Why do we never hear bubble talk about companies like Amazon, who all things considered have never turned a profit? NEVER!

Let's take a look at a chart of Amazon and I'm just going to leave it at that. They say a picture speaks a thousand words. Or sometimes just thousands of percent.


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