<<MOTHER of all DEFLATION is coming>>
wonderful !
i had just told my wife that, should we be fortunate and deserving, blessed and otherwise foolishly gifted, i might be able to buy her in Shek O en.wikipedia.org (end of the road on HK island) a stand-alone house with garden, next to beach, overlooking from rock bluff, complete with natural salt water swimming pool ... and have in-law units for mistresses and visiting friends
as to unloading gold ... deflation is great for gold, especially if said deflation is triggered by fiat paper monetary crisis
as to Euro, do not have any to sell
Dollars? have enough.
ETFs on the short side? loaded.
The innocent will be spared, relatively speaking, and the biblical punishment is reserved for the spendthrift wastrels and their prime evil leaders and assorted cheer leaders ... only a few on this thread, and i do not have to explicitly mention their names, just as I do not find it necessary to point out the putrid whale sandwich in the cat litter box in the middle of the living room on the coffee table.
P.s. that said on what needs to be said, i do note that a bunch of not unsavvy ppeople did call in today to basically say, "j, you did a great trade on gold, but it may be time to get very liquid" and so i will ponder over the issues, ruminate over the implications, and maybe do something about this and that, rearranging the ammo in the fox hole.
p.s. i will spare your ears on what my wife's response was :0) |
