re: #895 Jetpilot1101

3 Wood, you are a voice of reason and someone whose comments I enjoy reading to get perspective on what the markets are doing. Keep up the excellent work; the Lizard nation is much better off with your daily advice and insights.

Thank you for the very kind words.

To put it in a nutshell, for about a decade we priced “risk” at almost zero. Now we have gone the other way and priced risk at almost an infinite price. At the same time we have people in charge who only know how to spend money.

Obama is close to ruining his administration and I don’t think he realizes it. Wait until the double digit inflation hits and see how his left wing buddies like him then.