Bigworld, >> Central banks are in control. If they want up, we'll get "up" no matter who wins what or why. <<
That being the case, shorting this rigged market is a bet that -
1) For some reason the central banks will no longer be able to keep juicing the markets effectively, or
2) For some reason the central banks will voluntarily stop juicing the markets on purpose.
1 or 2 seem unlikely anytime soon, which makes being short the rigged market a low probability bet.
Jim Rickards says the global financial system is currently very fragile and there are numerous triggers that could start a collapse. But back in 2007/08 you could see things deteriorating for many months before the crash finally arrived. Based on that, a prudent strategy would be to wait for the trouble to start before going short.
