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Thursday, September 1, 2011

Long term view $SPX - 20 year charts

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I feel like the charts below demonstrate, quite well, the boom / bust cycles created by fiscal and monetary policy in the United States (and elsewhere).

These generated cycles allow large investment banks to make mucho fiat.. "Banks" like J P Morgan Chase, Goldman Sachs, Bank of America, Wells Fargo, Citigroup, so on so forth.. (here is a list of large banks I found)

These banks, with the complicit assistance of the Federal Reserve Bank, have used these boom / bust cycles to generate predictable profits for decades, game the system, if you will, as *I* think these charts clearly indicate.

In my humble opinion we are currently in a bust cycle and it appears, to me, to have further to go before it completes.

In part the big banks / FED depend on YOU being on the wrong side of the trade.. Don't do it anymore..
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SPX 20 year / monthly candles



Alternative view (SPY)

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