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Re: bigworld post# 1992

Wednesday, 05/31/2023 2:48:13 PM

Wednesday, May 31, 2023 2:48:13 PM

Post# of 2588
Bigworld, >> generational Bear market, 4th Turnings <<

It's possible, but a lot safer to just wait for it to start before going significantly short. And nothing wrong with sitting the whole thing out in T-Bills (unless the dollar reserve system itself crumbles). There's no rule saying we have to seek profits in a bear market, when just avoiding losses will be a big victory. With your money intact in cash/T-bills then go bargain shopping after the crash. I think that's Rickards basic strategy (preservation), with the T-Bills, 10% in gold, and the other hard asset plays.

Trying to short is also 'hubristic', and tempts fate (Hubris begets Nemesis). No sense ending up in a financial Greek tragedy.



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