charles

Is a Crash Impending?

What do I do with my money if I like it liquid but feel the US dollar is in danger of losing part of its future value ?

Thank you for any advice you may choose to offer

[e-mail]


On Aug 31 01:32 PM Mark Anthony wrote:

> Karl:
>
> You have been wrong since the S&P at 666 bottom. Time to admit
> you were wrong. I sold a big chunk of my physical precious metals
> to add position at the S&P 666 low. I had been right, what had
> you recommended at that time?
>
> The imminent collapse is in the US dollars, not in the equity and
> commodity market. Too many people keep too much of their asset in
> US dollar cash, that is the problem. The FED is monetizing the US
> debt. They have no choice. If I am the FED chairman I will do exactly
> the same and print more money as there is no other choice.
>
> China is reducing its US bonds holdings, not adding. Capitals are
> escaping form the US soil and go to emerging markets. China's only
> sound strategy to fight hot money flooding into China, is to print
> its own money to absorb the hot US dollar inflow.
>
> The recent China market plummet is based on unfounded fear that the
> Chinese banks are tightening up liquidity. Nothing is further from
> the truth. The Chinese government will not and can NOT tighten up
> liquidity, as long as the hot money keeps flowing in. The hot money
> much keep flowing in as it has no where else to go.
>
> Commodities and shipping will be the best bull play for the next
> few months. Keep your money in US dollar cash if you want to lose
> it all at the end of day. "Short the phone book" and your money will
> be gone even faster.
> seekingalpha.com/autho...