Immediate term outlook:
The bear market rally in stocks that started March 9, 2009 is coming to an end. Gold bullion is up $900 an ounce since we first recommended it in 2002 and we are still bullish on the metal.
Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. Our concern is future deterioration of the greenback, an expansive money supply and rising U.S. national debt will eventually push domestic inflation higher, negatively impacting the American economy and equities.
PROFIT CONFIDENTIAL Estimates
Aug. 1, 2014
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter)
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