An apocalyptic hard-money letter says party on — for now.

By Peter Brimelow, MarketWatch

The Adens expect a hyperinflationary collapse — but they also have great respect for the Federal Reserve’s ability to stave off the end, short-term. And they concluded that market action was telling them the Fed has succeeded, again.

Recently, the Adens explained their thinking on market signals. They began conventionally enough:

“It’s important to remember that the markets lead. They look ahead. They’re not reacting to what’s currently happening, but to what lies ahead and for now they’re telling us that better times are coming.”

Then they took an unusual twist:

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