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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: elmatador who wrote (112849)8/9/2015 3:19:12 PM
From: THE ANT  Read Replies (1) of 217927
 
Start buying Brasilian banks at 6X earnings in a very devalued currency. Put in 10% of what you want to buy and smile and buy more if they drop further. If they rise smile.US much weaker than it looks and currency will have to weaken at some point. I rode Unibanco from $8 to $160.I suspect 3-4 X gain over 5-6 years this time.Brasil and its banks not likely to disappear in the next 6 years and will have at a minimum paid themselves off by then (6X earnings).US economy heading into a deflationary recession with a big silly grin on its face
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