so, let's say you have large financial assets and you worry about exposure to potential ups and downs in the markets -- both housing markets and stocks
commodity prices are down -- even oil, which is (to me) one of the greater ironies of the past 15 years
as so much of our problems were driven by behind the scene wheelin' + dealin' orchestrated by "Big Oil"
and rather than take constructive measures to gradually shift to a more eco-friendly sustainable energy policy
they led initiatives that were total disasters . . . and after breaking it for everyone else, they now see that their wagon gets smacked with a stick, too
#ironyindeed
a few years back, most people were bullish on Gold; I was just the opposite and I was right . . . my timing was right, my logic was right
those people who took my broad hint that I felt Gold prices would drop, significantly, saw an almost 40 % return very quickly
those who ignored it, LOST about 40 % of their equity pretty quickly
Commodities are flat . . . but Gold and Silver (my opinion only, because remember I cannot give financial "advice"; I can only entertain you with my words)
I think are set to take off
but that is my opinion and so I guess we will see
my expectation is that housing prices -- I said in 2007 they were going to drop off the cliff (which few believed), I said in 2012 they would rebound dramatically (which few believed)
I am saying now I think they will do a hokey pokey rinse and repeat of 2007/2008 (which I am guessing more people will now find "believable")
there are several factors at work here -- many of which I have outlined over the past week or two
but perhaps the biggest factor (again, my "opinion only") is potential fall out from China's financial infrastructure being a house built of twigs (they bet on the wrong pig)
which would then lead to less liquidity for Chinese investors (translation: fewer dollars to drive up housing costs in the United States)
plus the added stick in the ass that companies whose core business is oriented (no pun intended) towards serving Asian markets
are likely to see their business get rocked hard
don't get me started on what happens if there are more major hurricanes, oil spills, tsunamis, floods, etc etc etc
and what that will do not only to the people immediately impacted
but think, too, of the finanical impact it will have on the world at large . . . most obviously for Insurance companies
and those who make supplies for insurance companies -- everything from desks to laptops to customized software, etc
but lumber and copper and construction materials don't pop up out of thin air, either
long story only sort of long
this is likely to be a nerve-wracking time
but like all financial disasters, some will prosper, some will stay exactly the same
and, eventually, within a few years (max) things will roll back into some form of "balance"
the irony is that there IS balance in the economy -- but it can only be seen through taking a wide angled lens
investors have ruined business, as everything is now geared towards casino returns rather than solid best practice fundamentals
their "ideas" (to me) are financially unsound (long-term)
twisted to wring every bit of "free money" possible, more like organized crime on many levels (in terms of strategy) than mom and pop business principles
but . . . the inmates now have the keys to the asylum
and they will soon be off their meds
. . . and acting CRAZEE
commodity prices are down -- even oil, which is (to me) one of the greater ironies of the past 15 years
as so much of our problems were driven by behind the scene wheelin' + dealin' orchestrated by "Big Oil"
and rather than take constructive measures to gradually shift to a more eco-friendly sustainable energy policy
they led initiatives that were total disasters . . . and after breaking it for everyone else, they now see that their wagon gets smacked with a stick, too
#ironyindeed
a few years back, most people were bullish on Gold; I was just the opposite and I was right . . . my timing was right, my logic was right
those people who took my broad hint that I felt Gold prices would drop, significantly, saw an almost 40 % return very quickly
those who ignored it, LOST about 40 % of their equity pretty quickly
Commodities are flat . . . but Gold and Silver (my opinion only, because remember I cannot give financial "advice"; I can only entertain you with my words)
I think are set to take off
but that is my opinion and so I guess we will see
my expectation is that housing prices -- I said in 2007 they were going to drop off the cliff (which few believed), I said in 2012 they would rebound dramatically (which few believed)
I am saying now I think they will do a hokey pokey rinse and repeat of 2007/2008 (which I am guessing more people will now find "believable")
there are several factors at work here -- many of which I have outlined over the past week or two
but perhaps the biggest factor (again, my "opinion only") is potential fall out from China's financial infrastructure being a house built of twigs (they bet on the wrong pig)
which would then lead to less liquidity for Chinese investors (translation: fewer dollars to drive up housing costs in the United States)
plus the added stick in the ass that companies whose core business is oriented (no pun intended) towards serving Asian markets
are likely to see their business get rocked hard
don't get me started on what happens if there are more major hurricanes, oil spills, tsunamis, floods, etc etc etc
and what that will do not only to the people immediately impacted
but think, too, of the finanical impact it will have on the world at large . . . most obviously for Insurance companies
and those who make supplies for insurance companies -- everything from desks to laptops to customized software, etc
but lumber and copper and construction materials don't pop up out of thin air, either
long story only sort of long
this is likely to be a nerve-wracking time
but like all financial disasters, some will prosper, some will stay exactly the same
and, eventually, within a few years (max) things will roll back into some form of "balance"
the irony is that there IS balance in the economy -- but it can only be seen through taking a wide angled lens
investors have ruined business, as everything is now geared towards casino returns rather than solid best practice fundamentals
their "ideas" (to me) are financially unsound (long-term)
twisted to wring every bit of "free money" possible, more like organized crime on many levels (in terms of strategy) than mom and pop business principles
but . . . the inmates now have the keys to the asylum
and they will soon be off their meds
. . . and acting CRAZEE
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