Ah ah, I know what you're thinking. 'Did he fire 6 shots or only 5?' Well, to tell you the truth in all this excitement I kinda lost track myself. But being this is a .44 magnum, the most powerful handgun in the world, and would blow your head clean off, you got to ask yourself one question: 'Do I feel lucky?' Well do ya, punk?I use this quote to start off this post because I want to let everyone know that playing in the market is very dangerous. There are many ways to make monie off of the exchanges, too many to list. None of them will be as beneficial as owning physical bullion. But, you feel lucky....
Governments are bankrupt. So who benefits? The corporations do. So how can you benefit? Go long big cap, of course. What happens when the governments default or whatever? Well their bond prices collapse. Now think for a second....this is the opposite of what occurs in history when there is a panic; usually monie runs to Treasuries. So when the opposite occurs, the opposite will occur. So go long corporate bonds and equities, I won't stop you, but there is one more thing to consider.
After the panic winds down from governments defaulting, and the corporations are set to inherit the landscape, what will people be paid in? Still some sort of paper currency, and no matter what, that paper currency will be what it is, and that is only paper. It may be backed by commodities, or other collateral, but it is still debt/credit based. It will still only be a temporary fix, and in the end the truth will shine brighter than any solution men can give. The truth is, don't ask yourself if you feel lucky. Just go and buy the handgun.
No comments:
Post a Comment