hello riskmgmt, i think you misunderstood me.
i am too busy to think, not because i am trading shares or shifting positions, but because i am engrossed in 3D world of commerce, having already positioned in the financial and real estate space in ways so that i am sleeping soundly each horrible night after all terrible days, i.e. i am hardly stirring in the financial markets, just mostly watching
what i see is that (i) the folks who ought to be going bankrupt are doing so, pawning their stuff, begging to be bailed out, and played with by the politicians, while not realizing the root cause of their misery, and
(ii) that a monetary fraud is continuing, until, presumably, the time of some sort of vengeful revolution post an unkind of reset, upon which we will all enter the dark interregnum so as to greet the new sovereigns - presto, teotwawki dawn
i recommend:
(i) high cash (gold, platinum, and even paper, but in government issues so that the stuff have our names on it) - say 47%,
(ii) high debt-free physical real estate earning more than bank lending rate within improving neighborhoods that are a part of genuinely free, rule-of-law, small government, budget-responsible, and civic-minded societies with potentially and biblically deservingly uplifting currencies - say 31.5%, and
(iii) high energy and other commodity shares and ownership certificates, as well as negative wagers against the wastrel financial industry and non-positive bets against real estate within police states weighed down by unsupportable debt and ruled by uneducated simpletons put in place by upside down populations, say round about 21.5%
i am just following a true script written long ago knowledgerush.com by the founder of a most fine university, about an earlier-still wastrel society democratically ruled by 'we think they sweat' population, and so additional thinking to improve on a tried and true and as good as perfect script would be dangerous and not advisable at this juncture
for the path is marked, and we now simply travel it and take in the scenery, and recognize the roadmarkers for what they are :0)
chugs, tj
p.s. this article's title says it all "G-8 Says Commodity Prices Replace Credit Squeeze as Major Risk" bloomberg.com , meaning the wastrel inflationists, having created and nurtured and raise a credit bubble of monstrous dimension, had trouble keeping the inflationary pressure up, will soon be drowned in foam and choked on fizz, thinks they are out of difficulties with credit squeeze, is now shedding a tear for pricing ramp of commodities that is a natural and expected consequence of their wastrel ways.
there, that be my thinking for the day :0)
working rest of day, but also need to take in-laws for father's day dim sum lunch and then gather with my coconut's friends' families for bbq under tent in expected heavy rain
p.p.s. newsobserver.com what kind of a society is it when the pawn brokers are going out of business because a surging tide of nick nacks are being sold for pittance of ever more precious paper money backed by nothing but the promise of a bunch of lying simpletons put in office by lowest commom denominator selection process participated in but an unexciting percentage of population that be the loudest but most unthinking? |
