Wasn't Greenspan the dude the spoke years ago of excessive exuberance or something. You are right on target Greg!!! Bubbles burst. I hate to see the aftermath of the bubble.
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Wasn't Greenspan the dude the spoke years ago of excessive exuberance or something. You are right on target Greg!!! Bubbles burst. I hate to see the aftermath of the bubble.
Greenspan wrote a wonderful essay about the advantages of gold as money in the early 1960's. Unfortunately, he seems to have been more concerned with rising to the top of the Fed hierarchy than adhering to his principles.
Unfortunately money and power corrupts truth tellers. Everything in this world goes back to money sadly. Thanks.
I just "hope" Greg takes my advice and doesn't crap out of his two shorts right before "crash and burn." It's going to be "tuff" to hold those short positions whilst waiting for the VIX to trade to 9.25. Now at 10.08. Hang in there, Greg! Yes! I am going to kick your ass with the dollar, govmint debt, gold, oil, silver, and cryptos. But my madness in the general market will more than make up for it. So what if you go down 30%+ on your 2 trades first. Keep the faith! I'm on it! :-)