I am in sympathy with the rant because, to me, it is payback for "crony capitalism" lecturing that followed the asian financial crisis. There will be a lot of that on tap as we progress through the Empire Financial Crisis.
On strategy, I remain high cash, though am moving, obviously, toward emerging market, and am raising resource allocation. End game, to own more gold to finance the acquisition of high yielding cash flow real estate that in turn enables the purchase of cheaper equity shares which then allows a life style of still more leisure, enables family values, and protects tradition, while having fun still showing up at offices doing whatever for as long as possible.
... sounds like a plan:0)
My premise, supposition, suspicion, and gut feel is ... global hyper stagflation mixed in with underlying BRIC surge, on average everything will be OK (one feet in super heated water, and the other foot packed in dry ice), but eventually discovering that many in all places will be less OK by end of process, and then, dark interregnum, when gold rules. Elapsed time? 20 years. |
