Posted on 01/04/2015 9:13:01 AM PST by VA Voter
ping
From what I have read elsewhere those bond-based derivatives are actually closer to a quadrillion dollars.
When the bubble pops it will bring down every economy of every nation within hours maybe even minutes.
Then a savior/messiah-type (Obama maybe?) will show up to save the day and become the collectivist dictator of the world.
I'm just sayin'....
When “printing” is moving the decimal point to the right a few zeros and the immediate fallout of doing so is contained to a small upper echelon, it’s not likely that anything will be allowed to “pop.” The ease and transparency are too great. Will there be consequences eventually? I don’t see how there can’t be. But, I also don’t see the end of it provided the current system of world finance remains in place. They can play pretend for a very long time, as we’ve seen since 2008.
I just read The Harbinger by Johnathan Cahn. It was quite astounding and has made me nervous.
I have an appointment tomorrow (as it happens) with my investment manager - not sure what to do.
Any advice?
Timber stock- WY 5% of your portfolio
Oil stock COP 5%
Defense-ATK 5%
Get of out all Bonds- when rates go up 1%+ next year you will lose at 3-6% on their value.
20% Cash
The rest in the SPY- S and P 500 and the Schwab 1000 Index.
Keep in mind that Nimrod was the first guy to attempt world government. His father was Cush and just happened to be a black guy. Would be really that surprising that the finally and last attempt at it would be by a black guy?
“Any advice?”
Don’t ask strangers for financial advice.
Don’t let fear cloud your thoughts.
Mr. Durden refers to the "Greenspan Put" and crisis-driven successors.
Buy canned goods and bullets.
Bump
I’ve made some money over the years by closely following ZeroHedge.
And doing the opposite of whatever they say.
Lol - good advice. I somehow didn’t consider FReepers strangers, but you’re correct, they are.
I’ve never been nervous before, but this book has made me have some serious thoughts of heading for the hills.
Find a good health/science/bio mutual fund or EFT and put a big chunk of your funds there!
MEH.
This graph tells me that the past 30 years WAS the bubble correction.
It is an excellent rule to live by. Behave in the exact opposite manner as well.
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