Hello Comrade Ray,
<<I am very curious as to your change here>>
... I am afraid of what must be, the collision of twin and paired and soon to be colliding black holes, super-leveraged debt depression, and most absurd electorate taking, affecting all asset prices, all negatively, for at least a while, and the most liquid assets affected the most, most negatively.
<<Not too long ago you were swapping useless fiat USD and HKD for shares, gold, yen, anything to get rid of the worthless paper for something deemed valuable>>
... changed my mind when the Florida teachers are clamoring to get paid and most conservative European banks will be announcing bad sh*t soon enough.
<<Now you reverse course>>
... I am fickle, not proud, cowardly, and am as without a map as anyone else entering the uncharted abyss.
<<I can not take this lightly, as Mq might, as I know that your calls and timing have been excellent, with a few minor exceptions>>
... you can take the approach that the greater majority will be unusually lucky this time ;0)
or you can panic while panic is still not in fashion.
<<Have you have moved your ETA on TEOTWAWKI up to imminent?>>
... no, just that the path will be more twisty, enabling more drama over a longer grinding time, so that wealth is pulverized more finely.
<<Stateside, there is no panic, no revolt, no real awareness of any pending doom, except for a small band of people such as we have on this blog. Life goes on as normal for most people here.>>
... good. When the NYC police starts screaming for their pay as the Florida teachers, perhaps that would be the signal that the music has stopped, and it is time for "Bye Bye American Pie" :0)
<<So whatever you are seeing or sensing isn't apparent to me here. So, is this something your gut is telling you or do you have info?>>
I do not see anything you do not see. I may take it more personally than most, because I have had all my goodies taken away from me at least twice in my life, and so more genuinely fear the true terror.
<<And why USD>> ... it is not popular.
<<... and T-Bonds?>> ... it is a way to put my name and thiumb print and wax seal on cash, so that when abnormally large custodial institutions go belly exposed to the sky and shirt tail hanging out, what is mine remains mine, even if delayed in repossession.
<<Why not the Renminbi?>> ... do not jest <vbg>
<<You got me up nights>> ... SELLINGJUSTABOUTEVERYTHING enables sound sleep, even when the purchasing value is dribbling away at 1% per month.
Chugs, TJ |
