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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (256463)	6/24/2010 10:26:27 AM
From: TH	Respond to of 306849

m2, Yes, I read that. At the end game stage, anything is possible. Rates are already negative, as CPI is greatly under-reported via hedonic bs. As I've said many times, the risk to being short is a currency devaluation. A share of stock is still a share of stock, and thus we might see the market move up significantly. For me the solution is to have the majority in hard assets. I'm considering adding a few more kilos of gold and maybe just a few thousand ounces of silver (I don't like silver as much, as it gets the bad karma of "industrial metal"). As for knocking 10% of the currency out of circulation, well I don't think that will go over so well with the pitchfork crowd. The trick is take from the morons without them knowing. Something that extreme is unlikely anytime soon. Gold will just adjust up by 10% instantly. I can't imagine holding 100% cash, for I think holding something that is burning is painful. My cash is much higher than I would like right now, but I'm considering solutions for that. GT TH