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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (1032257)9/28/2017 8:42:19 PM
From: RetiredNow  Read Replies (2) | Respond to of 1574375
 
I have to tell you, John, I'm invested as conservatively as I can remember, and am just watching this latest everything bubble wondering just how long they can keep blowing air into it. It's truly a thing of beauty. It never even corrects. Hell, they can even throw the threat of nuclear war at it and it goes up! One thing I'm absolutely convinced of is that the Fed is a cancer that has metastasized. They will blow up the developed world and when it happens, Venezuela here we come! I've been needing to lose weight for awhile now. Maybe poverty will do the trick for me. I know. Awful. Gallows humor is necessary when faced with financial chaos.

The sad thing is that I'm 20% stocks, 45% short duration Treasuries and TIPs, and 35% cash, and I'm still convinced that when this bubble bursts, I'll lose a pretty penny. They've blown bubbles in everything. There is no safe place left, not even USD cash. What a mess! There's no avoiding the reckoning now, but they sure can kick that can down the road a long time. It's a marvel to watch.