“The old saying, “markets can be irrational longer than you can remain solvent” is even more true when they aren’t even markets any more but just a sequence of obvious and even admitted central bank interventions and manipulations.”
There are no free markets anymore. Currencies are manipulated, stock markets are manipulated, commodities are manipulated and real estate is manipulated. Either governments, multinational organizations, or megabucks/securities firms are moving markets to the benefit of insiders. The average citizen will be fleeced no matter what. Unfortunately investing is a fools game and holding cash is a fools game.
What investment is not a fools game?