Ah, so it's that Jimmy Rogers guy to blame for all this, no wonder that scoundrel fled to Singapore.
When I see you post that even you, my TEOTWAWKI prognosticator,
is scared, I am tempted to buy. But, could it be that like you I'll be too early/ maybe, but better to be too early than miss the op of a lifetime. The too early buys look bad when they drop another 10% the next day but in a year or two when perhaps, they are 50% higher they will look great and who will remember or care it wasn't "the" bottom. Even in TEOTWAWKI we will have some companies functioning and making some profits unless, of course Capitalism disappears and is replaced by some other system. Communism? no tried that, doesn't work. Well I don't know.
A simple guy who don't understand all the CDS and alphabet soup, derivatives stuff might just think buying good companies on sale might be a good idea. Certainly seems to be a hell of a sale or as they say in the USA a"blue light special".
Hey, if Hong Kong property gets cut in half I'll be over to close on one of those condos overlooking the bay, assuming i have any money left. :} Plenty of property in Florida already at a 50% discount if you want to swap, course we got taxes but only if you make a profit so not a worry to most this year. :}
BTW. I am awed that you are such a prolific writer, especially in light of your work load and travel schedule.I can barely manage to respond to my e-mail traffic and i don't get the 50 or so you do. Must be that US education.
R. |
