Why We’re Headed Towards a ‘Cashless Society’

th-4The Dow is back under 18,000 points after yesterday’s 178-point — or 1% — drop. Gold continues to wander around, apparently lost. More on that below… Our long-term stock market indicator, developed for us by our chief researcher and former ValueLine stock market analyst Stephen Jones, is flashing a warning. As we explained in the May 7 issue of Diary, it looks at the price of stocks relative to the economy that supports them. And right now, it tells us to expect an average annual loss of 9.6%, after you account for inflation, over the next 10 years. Read Article

Categories: End Time Signs, Global Economy - Markets - Finance

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