The stock market is a joke
2025-12-21
Is it me, or is the stock market completely out of touch
w/ reality? Or at least, the reality up to 99% of us live
everyday. American indices are way overvalued - something
good happens, they go up. Something bad happens, they...
still go up!? Alternatively, something bad happens, they
dip a tiny bit and then rebound to new records the next
day. It's maddening.
The disparity
If you're like most Americans (incl. most American gemi-
nauts, I foolishly assume), you're seeing your dollar go
less & less far every month. Food, meds, bills of almost
every kind just keep going up. Companies you do business
with, or perhaps (used to) work for, keep touting record
profits to their lemming investors on Wall St. while lay-
ing off double digit %s of their workforce and increasing
prices. But to the investors and Donald Tariff, the eco-
nomy is booming! It's like two different worlds.
The ugly truth
It is not booming, the stock market is just in a giant bub-
ble and every boomer's 401K is going to take a massive hit
when it finally pops. How can the economy be booming when
rent is $3000+ for a shoebox apartment in most cities? Or
when gold has surpassed $4000? Or when the Outback, Ruby
Tuesdays, and TGI Fridays are closing many branches? (so
the Sun claims. look it up.) The writing is on the wall.
I believe the best way to prepare for the coming storm is
to buy gold & silver. Yes, gold is wicked expensive per oz.
But you can still buy a few grams of gold for <$1000! Just
have some physical gold/silver, or even gold/silver ETF
holdings in the stock market. Yes, the one part of the stock
market that still reflects reality - precious metal prices.
Stocks are overvalued, indices and their ETFs are overvalued,
and don't even look at the currency futures. When fiat curr-
encies including the dollar see their demise, you'll be glad
you have assets with real value. Not worthless paper. The AI
"sector" just has money going around in a circular manner,
being of real benefit to almost no one. The bubble will pop
one day, and reality will hit the mainstream media and lem-
ming investors like a cement truck.
/gemlog/