Just did weekly call w/ buddy, and the rearguard program must start this night ...
Below be my notes, and aggregated cheat-sheet for tonight, when dialling 1.800.GET.ME.OUT
(1) Given the resources committed, looking like the Democrats can win the once per generation control of Senate by way of Georgia, and should such happen, uncertainty disappears replaced by whatever, depending on one's PoV / persuasion, and the aggregate reaction function that results from such PoV / persuasion
Expect high volatility January 4th forward finance.yahoo.com
(2) California / NY trashed, and particularly SF / LA and NYC
(3) Short SLG finance.yahoo.com and its 100+ office buildings in NYC
(4) Initiate / maintain short TLT finance.yahoo.com but be mindful that (friend advising for quite some time but I never did it) Euro / EU under severe stress and might just crater, as it engages in post-brexit devaluation gaming, and half-step jubilee (forced extension of sovereign debt term / upping of interest rate) that shall drive capital towards USA - rate down and dollar up
(5) Downside to gold 16xx but sees only catalyst as market-wide drubbing, in the meantime silver better going forward, w/r to downside as well as upside
(6) W/r to puts protection, no need to get fancy, just buy near the money puts on SPY and QQQ covering the period now to end-February, and partially finance by shorting OTM calls on same over same period
SPY finance.yahoo.com
QQQ finance.yahoo.com
(7) Post cratering, should it happen, buy buy buy, especially the high dividend / preferred dividend shares
(8) Exogenous shock per known known, USA-China trade war developments
(9) Longer term shock per known unknown, civil unrest everywhere and rise of socialism agenda
(10) End-game, jubilee, where sovereigns essentially cancel government bond markets in semi-coordinated way per none wants to be at 'competitive' disadvantage and all preparing population to accept cram-downs (by zero-ing, after phase-change of existing debt into perpetual and then zero-ing) and put selves on auto-printing of defined % of GDP, and hand out chips to bondholders to acquire equity as compensation
Inflation.
(11) Recommendation: keeping accumulating gold, then acquire more gold, and get still-more gold, but perhaps by way of bitgold and silver
(12) Landlords in truly unfree locales are plucked and to be phucked
(13) Move out of SF / LA / NY for Austin and such same, per relative-value play |
