Northern Dynasty Minerals Ltd (NAK)

[TheEndisNear]

Financials will be top on my list. A tempting play while the SEC allows it, is to short the leveraged long ETFs. Its a dangerous entry, though, and after the trend is well established the SEC will disallow the trade. You might also buy (long) the leveraged inverse-ETFs, but then you pay their overhead instead of capture it.

Another high paying short is cash. While it seems counter intuitive to buy dollars as the economy craters, "cash is king."

The news will call it "a flight to safety" but that's the opposite of what's happening. Banks can't find qualified borrowers who are dumb enough to borrow. Lines at lending windows disappear, so with a debt based currency the currency supply evaporates. That makes "vintage" bills, the ones with lots of inflationary zeros printed on them, extremely rare and valuable. Cash is a solid, explosive position because the economy burns so much faster than it builds.

Also important, IMO, is to trade for value and not to fixate on price. All prices will fall, making them unimportant. IOWs, if I lose half my income and prices halve too, who cares? Gold is a counter intuitive winner during deflation which most people can't comprehend.

Example:

Now, 400oz of gold might buy a 5000 sqft house priced at $500K.

Later, that 5000 sqft house might trade for $200K, and your 400oz might buy two of them, meaning the gold price fell.