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Inflation is there and increasing BUT I don't see any adverse effect of it. Yes theoretically it must have it's effect yet it has no effect that I can see. People are buying all kinds of toys. Everything every place is busy. Amazing.

I am holding puts on gold miners. Miners are on a slippery slope into the abyss. Also I am long on the KING dollar against the Euro. Like a steam roller, it will keep marching on.

Europeans, middle-eastern, Asian all took out twice the debt of USA in dollar because they KNEW that the dollar was going to zero. Well... please buy those dollars now or default. Who are those sucker banks who gave those dollar loans. Short those ponzi banks in Europe.

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Greg, your bullish forecast sounds too good to be true.

I said the same previously at Dow 18K

and look where we are today.

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