Now, both main stream publications and media are raving about achieving Dow $15,000.  At the same time, real estate market price here in California is also increasing.  Many are thinking recession is finally over.  Just like 2006, many (Including my circle of people) starts to buy the house and most of them are saying that price is increasing and we will never have a chance to buy if we miss this opportunity.  However...  Is this really the case?

To me, this is just another repeat of great tragedy in the past...  In fact, chart below is telling us whole picture of what is really going on. Sadly, many have already forgotten that past crisis cost them fortune (Stock crash and housing crash).  Still, those people again mistakenly believed that true economic recovery are now here.

I said this last blog as well as past blogs but I will repeat.

This bubble will again burst just like any other bubbles in the past and millions will again lose fortune.

All main stream media (MSM) currently praises that DOW now reached over $15,000 and economic recovery is well underway.  As I said in past blogs, this is furthest from the truth.  In fact, it is exact opposite.  If you understand current economic fundamentals, it is no way that this is true recovery but equity bubble fueled by Federal Reserve and others assisted by government.  Yet, most average people actually believe what they have said. 

By Adam Taggart from peakprosperity.com

A growing number of voices are warning investors that continuing to fund your 401k, IRA or other "tax-advantaged" retirement account could be a bad idea.

This video clip does excellent job stating the reason why most people always be poor.  As time goes by, I expect that gap between have and have not will spread to furthest level as possible.

By Ron Paul from activistpost.com

Last week at its regular policy-setting meeting, the Federal Reserve announced it would double down on the policies that have failed to produce anything but a stagnant economy. It was a disappointing, but not surprising, move.

From kingworldnews.com

Today 41-year market veteran Bill Haynes told King World News that the largest wholesaler in the United States is completely sold out of 100 ounce silver bars and is no longer willing to take orders. Haynes also updates KWN readers globally on the stunning buying of physical gold and silver he is seeing at his firm

By Michael from theeconomiccollapseblog.com

Federal Reserve Chairman Ben Bernanke has done it. He has succeeded in creating a new housing bubble. By driving mortgage rates down to the lowest level in 100 years and recklessly printing money with wild abandon, Bernanke has been able to get housing prices to rebound a bit. 

From goldsilver.com

Arizona recently became the second U.S. state to verify gold and silver as legal tender, its lawmakers sending a strong message to Washington of their growing distrust of Federal Reserve Bank policies.

From richdad.com

We see scams every day. Sometimes they are easy to see and call out, like spam emails that promise riches in exchange for your bank information. But some scams are a lot harder to spot. From my rich dad, I learned financial smarts, which taught me how to spot scams—and how to not be taken in.

From kingworldnews.com

Today James Turk spoke with King World News about a developing situation which could very well create a massive short squeeze in both gold and silver. This is really an extraordinary set of circumstances which Turk has pinpointed that has the potential to set off a massive buying panic in the metals.