—We are watching a slow-motion financial train wreck that is absolutely unprecedented happen right in front of our eyes and our politicians are powerless to stop it. —
This.
However, many of us that predicted this did not realize just how much they could slow down time. I expected to be here last fall. I don’t think it will last beyond this year, however. Heck, I think our election cycle will be one of the catalysts that move it closer into real time.
I have been consistently wrong in my expectations of 'the end.'
I don't expect that trend to change, so....no matter what I say, It's probably wrong.(LOL)
I constantly misunderestimate the ability of sovereign governments to delay the day of reckoning, especially the USA’s ability to do so. I am constantly wrong.
I use to try to invest based on knowing what was coming, but my timing has been so far off, I’ve given up. Fortunately this haven’t hurt me financially as at least I was poised for what was coming. I just thought I could make much more off of knowing, but I am always so wildly wrong on the timing, I make small amounts, not big as hoped.
At this point, I am just aiming for 100% safety and the heck with gains. Call me a coward, but it lets me sleep well at night.