As the stock and bond markets join the housing market and the economy in a generational death spiral, severe pain will ensue. Retirees and those on fixed incomes are fucked as inflation continues to rage and the government continues to understate all measures of said inflation. Company pension plans and your 401K are going to be much less valuable when the tide goes out.
Just when the pain becomes unbearable we will bounce. Things might not be so bad. Sell that bounce because we are nowhere near a bottom. This all has the potential to be very bad and it's not too late to protect yourself. Sell something and watch it go down. We have not yet seen fear but the fear will come. Oh yes, fear will come.
By then I'll be trading from a remote location high in the mountains. I'll have a food plot and shit. Off the grid with potable water. I'll corner the uranium market just for fun. Get a couple hundred head of cattle and some tricked out grain silos. My strategic petroleum reserve will be stacked thereby granting my private army military dominance.
I hope you have a plan amigo.
Friday, June 27, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment