How Long Is a Fed Light Year?

A light year is the distance light travels in one year. Light moves so fast that we perceive its motion to be instantaneous. Light travels at 186,000 miles per second. It seems to many of us that we receive information at the speed of light, while the fed receives it at a snails pace. The fed statement today was merely a review of what everyone all ready knew. Housing is a problem and inflation is out of control.

Here are some excerpts from the statement:

"However, the pace of economic expansion will likely slow in the near term, partly reflecting the intensification of the housing correction."

"but recent increases in energy and commodity prices, among other factors, may put renewed upward pressure on inflation. In this context, the Committee judges that some inflation risks remain, and it will continue to monitor inflation developments carefully."

The fed is going to solve this problem the only way it knows how. It is going to print money.

The Boardwalks and Park Places of the Market

You need to put your money into high growth stocks to beat inflation. Stocks like AAPL, GOOG, BIDU, ISRG, UA and FSLR are the place to be.

If you want a steady climber that will profit the most from this inflationary environment. Get into gold stocks. These stocks have the potential to double or triple over the next few years. Stocks like GG, NEM, GOLD, and AEM are the place to be (all of those stocks are all ready multi-billion dollar companies).

The pain is not over for stocks like PMI, MTG, ABK, RDN, TGIC, MER, CFC, KBH, LEN, and MBI.

I'm not arguing that these companies will all go bankrupt, I just do not see the point of risking so much for a relatively small return. I have found that sometimes, when you go bottom fishing the fish bites back.

Gold Briefly Crossed 800 (It will be up there to stay soon)

Oil is Currently Touching 96/Barrel ($100 Doesn't Look So Far Off Now)