70% cash = US$, and near US$ (HK$, and a bit of 2-yrs US$ T-bill, and even some 30-years HK$ and US$ government bills)
asset cratering might happen well before rates touch 7%
looking for market meltdown September / October, followed by concerted money-printing necessitated by US electioneering
readying to buy w/ own funds, and leverage-buy w/ bank money to load up on more of what I already hold
am long SIL, AG, PSLV, XOM, BHP, RIO, VALE, NEM, FNV, DRD, SBSW, 0941.HK (China Mobile), and 0883.HK (China National Offshore Oil)
am long VXX whilst short QQQ
Hope for merry Christmas
It is as if am watching a bank robbery, and in midst of gunfire and escaping cars and confusion, a handy satchel of diamonds dropped in alleyway next to my feet.
no one and no cameras around, and clear getaway path just around hidden corner. quick, and but quick, what is the right thing to do?
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hide the satchel behind dumpster, protect against the bad guys, and walk away empty handed, of course. |
