GOOD BOOKS

The following three books are the best of the best that I have read lately.

The Bottomless Well, by Peter Huber and Mark P. Mills.
The Next Great Bubble Boomby Harry S. Dent Jr.
The Future for Investors by Jeremy Siegel .

I list The Bottomless Well first because it is the one many investors need to read the most. Too many folks do not understand that commodities go down in real value over time. One can look at a long-term chart and see this quickly but the ramifications are many. The key realizAtion needed is that inflation is not going to get out of hand because of commodity prices. Tight labor markets are the primary force behind inflation. Free trade has reduced the pressure on labor markets. Therefore, do not be overly concerned about inflation.

BUY THE BULL MARKET!