onsdag 25 juli 2012

David Stockman

Långrandigt men ändå läsvärt på Zerohedge om det stora centralbankspyramidspelet och dess effekter. Några klipp:
David: I don't think we are at the beginning of the recovery. I think we are at the end of a disastrous debt supercycle that has gone on for the last thirty or forty years
David: No, I would stay out of any security markets. These are unsafe markets at any speed. It's all tied together.
Alex: So the economy will collapse. The dollar will be okay, because we still need a medium of exchange and the dollar is the least-bad currency in the world. How does gold fit into the picture? Do you think that gold is a good asset?
David: Yes, I think that gold is a good asset. It's the only currency that anybody is going to believe in after a while.

1 kommentar:

Anonym sa...

Långt men intressant! Tack för länken. "The only thing I think you can conclude is preservation is the only thing you are about as an investor. Forget about yield. Forget about return. Just keep yourself liquid and preserve your capital..."