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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (166816)	1/7/2021 6:45:23 PM
From: ggersh	Respond to of 218866

To: TobagoJack who wrote (166816)	1/7/2021 7:08:05 PM
From: carranza2	1 Recommendation Recommended By marcher Read Replies (3) \| Respond to of 218866

Of course we’re in a bubble! Everything is bubblefied. Grantham’s missive, which you posted, makes it clear as a bell. Except he didn’t mention BTC, which is the most significantly appreciated asset in my portfolio. Bought RIOT (I really like the irony here) LEAPs in early December; they’re up nearly 200%. Ditto GBTC, appreciated circa 100% across a number of accounts. Oil, too, via XOM and XOM LEAPs, as well as USO LEAPs, has done great. My 24 y/o son’s real money retirement account, the most aggressive, has gone bananas. Yes, we’re in a bubble. But I really do wonder if the cryptos are merely undergoing price discovery. I have some physical gold and silver which I plan to die with. Otherwise, my bubblefied stuff is very liquid, with laddered stop limit sells on everything. The plan, of course, is to take profits in a downdraft. Plus, 42-43% is cash. My home is the only real estate I own. None of these will survive a financial crisis or something very dire, but it is the best I can do. I prefer to own mostly paper gold because of the liquidity. But I also have a core FNV never-to-be-sold position. We’re in a new reality, with politics gone to hell everywhere. Crooks, bums, freaks, bureaucrats, dictators, tyrants, high-tech billionaires, etc. everywhere trying to dictate to us. I really don’t ‘get’ this bizarre human instinct to control, enslave and dictate how others should live. But it is a reality and it can catch us in its net. I’d like to think that my planning, and the Mexican passport I can easily acquire, can provide shelter in a storm.