My response to the original e-mail:
Thank you Wen for the report on the gathering.
I believe central bank rates will be set lower and lower, invariably, liquidity flowing in ever more copious quantities, inevitably, due to political and social imperatives, to (i) avoid pitch fork wielding crowds from converging on Washington DC, (ii) Hammer and Sickle flag waving folks from marching on Tokyo, (iii) Crowds gathering on TianAnMen Square, and (iv) Europeans from being swamped into early demise.
Competitive devaluation is an absolute must of the age old script, just like the Korean soup operas, where boy meets girl, girl falls in love with boy's dad, boy finds out girl has fatal blood disease, and then father finds out boy and girl are long lost brother and sister.
Speculation will continue to rise, until all the world suffers from Japanese style ZIRP, for that one last push to amazing stock/asset market heights.
Yes, I am figuring the most outrageous is still ahead of us, else I would be not 10, but 100% gold. The time is not yet ripe, I sense.
What happens after that no one needs to guess, as do the following words mean anything to you – implosion, despair, confiscation, redistribution, evaporation, revolution, dissolution, dark interregnum, monetary reset, and onset of new regime.
We are fortunate to live in a time when we get to not just view from the front role, but to use all of our skills to stay off financial death. |
