Hi TM, I will reluctantly carry out yet another lunch time treasury that will drop my exposure to the USD. If I cannot bet with the USD going up, I better, by clarity of logic, bet, by and by, for it to go down. Bubbles typically do not deflate gently, and given that we are dealing with a series of bubbles, starting with traditional to tech shares, to debt, to consumer spending, to housing, and to USD, the chained reaction of potential energy is too scary to risk being near.
Run, hard, fast, away, then dive, hide, crouch, scope, position, and save energy and munition for counter attack.
Chugs, Jay |
