Something is very wrong under the surface in the global economy and/or currency situation. This likely won't end well (and I'm not a perma-bear).

Gold & Oil getting absolutely crushed. Money pouring into the Dollar. A Fed that is now basically forced to put off even longer raising interest rates from 0% levels (not that they wanted to anyway).

I can't quite put my finger on it, but something is brewing underneath the surface (seems something with China or Europe, the market has mostly shrugged off Middle East problems over the past few years). Reminds me of 1998, when there was a currency crisis (google that and what happened to stocks over a short time frame -- also the 1994 currency crisis) -- it's not the same situation as those at this time (no 2 situations are the exact same), but it brings that to mind.

Submitted October 03, 2014 at 04:36PM by rufusjonz http://ift.tt/1rGG6tM