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  • Finally Seeing the Trade of the Generation [View article]
    Bill I completely agree. I've been 50/50 cash and dollar shorts, waiting for a declaration. I've started incrementally moving the cash into dollar shorts. I'm in the process of doubling my miners, adding to TBT and DXO, and of course adding physical. This and other articles make it clear: quantitative easing has started in earnest, monetization of the long end of the curve has begun (or will begin soon). Dollar destruction dead ahead.

    Mises predicted this moment decades ago. It has arrived: "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

    Anyone who wants to move any equity forward needs to get it out of dollars, now. Can capital controls be far off?
    Nov 21 07:35 am |Rating: 0 0
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