| | | Looks like SDS buy, though small, will yield 5-7% overnight profit should I sell at open.
10 year at .93% in pre-market.
Unthinkable in 2008.
Would love to know what the cost of hedging USD currency risk is. Deduct from nominal yield to find true yield. With nominal rates what they are, I would not be surprised if true yield is negative, and is probably in company with most other major currencies, point being: is USD really a safe heaven? I think Big Boys will eventually conclude not so such, pushing crypto and gold to go crazy, especially since Fed is biggest holder of Treasuries at USD 2.5 trillion.
On the other hand, if small nature of gold market precludes Big Boy buys, what is there left? US stock market, of course, tangibles, etc.
Which is why I’m in about 50% cash, 30% gold, rest in high quality equities, MSFT, AAPL, QCOM, beat up XOM and BA. Oh, and zero cost basis TSLA, lol. And tiny smidgen of ETHE.
Waiting for true once-in-a-lifetime bargains.
Today will be bad, very bad. But not bad enough to trigger my stink GTC bids, that will come later.
Welcome to the casino. Step right in. |
|
