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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: J Mako who wrote (45760)	12/2/2011 3:43:42 PM
From: Jurgis Bekepuris	Respond to of 78673

Btw, any thoughts/ideas on how to profit from a multi-years global melt down? Buy gold? Short S&P? Buy stocks of gold miners? If you are sure about the global melt down, go cash and short the markets. Preferably the ones going under, i.e. European PIIGS(+F?) subset, but S&P will work too. There is no guarantee that gold will do better than cash or market short. Gold miners are already doing worse than gold and will do worse than gold in a meltdown too. I'd be very surprised if Europe can agree on a financial union that would pull most of the countries out of morass (maybe with a loss of Greece). I'd be very happy too though. And the chances are going up, which is surprising, considering that Euro unity is such a fragile thing. Still I'd say the chances of orderly outcome are probably not more than 20%. Considering this number I am way overlong and way undercashed. :( But then I was as skeptical about US debt deal in July...