<<So where are you making your bets TJ?>>
34.5% cash (HKD, CAD, CHF, YEN, SGD, THB, USD 3-mths Zeros) => no conviction here, just do not want co-mingled funds
13.5% physical and paper gold/silver/platinum
31% rental real estate on freedom rock hk mostly
21% equity (positive on energy, some japanese real estate, negative on usa finance and real estate, some ETFs on this and that, short Mexico, whatnot).
<<You still think China is the place to be?>>
longer term, 3-5 years, yes. now, do not need the hassle. have some china coal, mining, and agri-biz shares, along with a beauty parlour counter.
<<I'm been playing the solar stocks of late, figuring that the world is desperate to find a way to reduce their energy costs. Or do you think energy is merely a speculative bubble?>>
Energy requires a long term solution, and solar has a seat at the main table. have a solar play in portfolio.
<<... China ... fuel prices ... inflation data>>
i figure inflation rate is 10% per annum.
<<if the American consumer goes into the tank that it can't be good for those economies that rely upon exporting to the US>>
imo, americans will get used to sharply reduced standard of living, and the other economies will wean themselves off of usa fiat money inflation in short enough order (say 3 years, plus / minus).
my premise is that we are in a fiat money inflation fraud that is about to blow up (3 - 5 years), and when so, usa and euro land will enter the drak interregnum, and others will get set to welcome teotwawki dawn (5-10 years). the gap between the onset of the dark interregnum and teotwawki dawn will be determined by geopolitical, political / monetary factors.
i am assuming that usa and the rest of the nations are on the road of the zimbabwe solution, but will end up with the argentine outcome in some parts, particularly meaning the utter wipe out of the middle class in usa, implementation of capital controls, rise of internal chaos, confiscation via taxation, revolution via default, and splitting of the states along racial lines, with sharply reduced economy as measured by gold value. forget about political choices and economic freedoms, there will be none. all because that is what fiat money inflation of the worst sort enables.
i expect a 50% nominal price decrease of usa assets of all sorts, including real estate and shares, and i am guess at least another 50% fall in usd purchasing worth, which than tallies up to a fall / re-pricing of 75% in aggregate global terms, or, simpler, gold term.
obama will not prove to be part of any solution, for he will worsen the problems and expedite the evolution to what must be, as scripted.
mccain will not be any better, in so far as the big picture is concerned.
this is the script i am following knowledgerush.com
chugs, tj
p.s. recommendation: hoardgold, hide it well, and get out of the country while you still can, sincerely. |
