TH, you will be creamed.....
Do some homework on K Wave Winters, research 1930 to 1933.
With respect I post this, your so wrong.
In deflation it will all be sold, till it washes out at the bottom.
Watching so many stocks now trading at cash value, in a bull market there would be buyers all over them, they continue lower.
Silver lost 52% last K wave, Oil 82%, Copper 73%,
What has Russell always taught, "follow the money".
Also did you not read what he said, not saying things will not cost more, he is saying it is going to take a ton of cash to maintain lifestyles. Why, because in a K Wave Winter, prices, in of themselves, do not have to drop, what does drop is it is very difficult to get a return on your capital!
""Deflation is caused in part by the debt collapse. It is also a generational thing as the next cycle of debt buildup and collapse is renewed every 2-3 generations as the previous generation that went through comparable periods dies off. The old adage that "this time it is different" means the circumstances are different, yes, but they fail to recognize that the previous period was the same in terms of excesses and therefore the end result is the same.""
kwaves.com
""It seems that the cure for the K-Winter backdrop of massive deflation, massive dollar inflation""
This the FED will try, and it is why, even if gold does not rise, you must hold some as an outright vehicle of safety.
W |
