From ZH -
"The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.
The best strategy to deal with this, he said, was for investors to spread their money widely into different assets, including gold and silver, as well as cash in savings accounts. But he went further, suggesting it was wise to hold some “physical cash”, an unusual suggestion from a mainstream fund manager."
I honestly don't know what else I can say this morning. That pretty much confirms the STB position of "all the way out" doesn't it? Nice when a lowly digital dickweed blogger is about a year or more ahead of a $4bn fund manager. How long you choose to play this game like you are 10 feet tall and bullet proof is up to you. How long you intend to ignore reality is up to you.
Remember that slogan 'hope' and how well that worked out? Well, 'hope' is the cornerstone of your foundation that we'll come out of this OK. Belief in coming out of this mess in anything other than an Orwellian 1984 nightmare is close to idiotic. I'm positive that you will be able to time the exit perfectly and get out ahead of the masses. I'm sure that when they close the 'gates' you will have your funds in a safe place. I'm sure when the capital controls come to the US your funds wont fall under the government's umbrella - you are an elite right? You are in their 'club'?
Greece? LMAO. They may not be saved quite yet. If not, do you think they are gonna give back the ramp? Course not. Total control. Total BS. Whatever. Eurogroup Announces Surprisingly Early Press Briefing - Live Feed Stay on your toes and be ready to follow their lead.
On to the lie -
The charts will be back. After some soul searching this weekend, I'm beginning to wonder if the charts are actually doing a disservice to the STB readers. Every time a chart is posted it maintains your focus on the market and distracts you from reality. I get it that each of you have various needs and reasons for being in the market. To some of you it is a complete necessity, some manage retirement assets, some for fun, others for whatever reason - bottom line is we are all involved in the greatest farce ever perpetrated.
The global economic and financial systems have been highjacked by the elite. Your funds are not yours anymore unless you remove them from their system. Who wins every time a short gets slaughtered? Who wins when you win, your asset base increases and you leave it in their system? The only way for you to win is to take your profits and run, run all the way out of the dollar. This is the way to win.
Freedom watch -
Laws? Who needs laws -
“This should be an easy case,” he said earlier this month regarding the latest legal showdown over the Affordable Care Act. “Frankly, it probably shouldn’t even have been taken up.”
More to come below.
Have a good week.
GL and GB!