<<I am inclined to just watch and wait on Thailand>>
given that our job is to earn a positive return relative to global purchasing power, meaning S&P500 return adjusted for rate of USD devaluation, it then follows that investing overseas may be better than investing in USA (close ends, utilities, S&P 500 index, etc etc)
given that Canada and Thai both took from investors in 2006, and may have formed a habit, or at least indicated an inclination to be so
given that Malaysia had done worse before, during the Asian Financial Crisis
given that Japan had always manipulated its assets up and its purchasing power down
Taiwan? political instability coming up
what are we to do?
Gad, gold goes up without fuss, certainly relative to S&P500, and is more than less immune from officialdom taking, etc etc and beats stocks as an asset class, here, there, everywhere, except those markets that rise parabolic and then drop parabolic
why don't we just buy gold?
Or, at the very least, I am inclined to just watch and wait, full stop. |
