Play of the decade missed

On Monday GDX hit about 16 dollars, that would have a been the best buy ever for the next crisis.   I expect the market to be all over, potentially closing the market, or some other crazy action.  Banning shorts is any day now.

What I am now focused on is the crisis that may happen as soon as 2021.  With the world issuing free money, and trillions driven into fixed funds (bonds), then this unwinds, you better be ready.

What I expect is interest rates will be near zero for 1, 5, and 10 year bonds.   When money moves out, we will have record debt in companies and countries that need to be rolled over.  To attract funds, rates will rise.  With so much debt, any rising of rates will trigger a new crisis.

This may be mitigated by the FED who will likely have 10 trillion or more debt 'monetized' to add another 10 trillion to their balance sheet.   Then, as we abandon all capitalism for socialism economics at the government and company level, is when it will get very interesting.

What will remain to be seen is will the system destabilize again, but at a currency level.  If the USD ever comes into question, ANY appeasement by the FED or the US Government would jeopardize the entire fiat currency system.   That is when the debt will be paid for all the free money from 2008 to then.

I don't have any answers for you on what to do.  I do think buying cheaply into solid companies, perhaps some fear plays (bitcoin, gold) will ensure you do fine through the final crisis.

What I do truely believe on the other side of the US Dollar crisis and global fiat currency crisis will be a rebirth that will benefit the young, and punish the old.

Unfortunately, I am not old enough to be near the end and not care, and not young enough to get the big benefit.  I am part of the pinched generation.  Best I can do is come out OK.


For now, I need to pull back from playing the markets and position for 2021.  The crazy is so insane anything I do is wrong.

Stocks to consider, GDX, MJ, SLV, and watch for deals on Amazon, Microsoft, Biotech ETFs, and funds that invest at a global level.  I expect Tesla to have its doomsday,  if it survives a great buy at the crisis point.  If it fails, a great company that should survive is Volkswagen.  They are positioning to be ready if Tesla should fail.