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Here Is The Source Of The Next Crash
Via Kevin Muir of “The Macro Tourist” fame
It’s easy for me to sit back and take pot shots at the hedge fund gurus calling for a repeat of the 2008 crash. Spouting words about markets never repeating the previous crisis is kind of cheap. If I am so sure history won’t repeat, why don’t I offer an alternative theory?
Well, at the risk of embarrassing myself, here it goes.
The biggest risk out there is not credit. It is not the monster short VIX speculative position. It is not CDX le
You will be proven to have been the lone voice in the wilderness; and that most probably sooner than later
Okay, then what’s left? Equities are going to crash, bonds are positively correlated to that, and there’s going to be high inflation. Ammo and beans?
perhaps. read this: https://heisenbergreport.com/2017/09/19/we-fear-gold-bonds-and-stock-prices-may-all-suffer-a-sudden-drop/
Thanks for the link. I can’t buy ammo and beans (or even gold) in my IRA or 401(k) though. We’ve paid for some long term capital gains to time some big purchases, and built up cash, but the best I can do in retirement accounts is an intermediate term bond fund. Least of many evils I guess, since equity valuations are so much more scary than what happens to a bond fund if rates jump a couple percent.
i am in the same boat Tigerbearcat.
i continue to work full time and created a regular brokerage account–(IB) i think there one the best.
this is not going to end well–truly i think the world knows that. they are timing the crash. it needs to happen to clear debt of all sorts–95% of the world is in debt up to their eyeballs!!. i for one have zero debt and plan to stay that way.
long sds, qid, bis, vxx, short german bunds. in ira’s you can go long these.
good luck to all, and those that prosper during difficult times—hmm—maybe some us can help others deserving of help.
Thanks Mr. H. we are listening.
sb
for those of you interested where i got my picks. try Michael Pettis roomer has it he is up for a economice prize–a really big one.