« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Spitznagel Blasts 'Buy-And-Hold': "It's More Like Hope & Prayer" From Here 

By: Decomposed in POPE IV | Recommend this post (2)
Mon, 12 Mar 18 2:15 AM | 87 view(s)
Boardmark this board | POPES NEW and Improved Real Board
Msg. 45459 of 47202
(This msg. is a reply to 45457 by Zimbler0)

Jump:
Jump to board:
Jump to msg. #

Zimbler0:

Re: “What changed? My guess would be a more socialist
attitude at the federal level - loans for everybody
even though a lot of them would never get paid back. ”


Yep. Cheap money funding bubbles galore. You can bet that the stock market is in another bubble and it will burst about the time everyone is convinced it's the best thing since sliced bread.

Sooner or later, the best thing to put money in will be REAL stuff, things that hold their value because of what they are, not because of their potential for growth. Those latter items are pretty much all bubbled up and ready for bursting.




Avatar

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: Spitznagel Blasts 'Buy-And-Hold': "It's More Like Hope & Prayer" From Here
By: Zimbler0
in POPE IV
Mon, 12 Mar 18 1:05 AM
Msg. 45457 of 47202

Decomposed > The question is, what changed and is it a permanent new reality?

Well.
In the late 1990's we had the mother of all stock market bubbles.
(Which ended in disaster.)

After the Y2K meltdown we had a housing bubble.
Which ended with the 'subprime meltdown' disaster.

After Obonzo slunk into the White House we had
'Quantitative Easing' inflating the stock markets.

What changed? My guess would be a more socialist
attitude at the federal level - loans for everybody
even though a lot of them would never get paid back . . .
Quantitative Easing - FREE Money . . . never mind that
it all wound up in the pockets of the rich . . .

Is this a 'new normal' ? Gods I hope not.

What has been a constant through all this?
Dividend Aristocrats increasing their dividends.

(Dominion is NOT a dividend aristocrat . . . but the dividend
has been non-stop for twenty years that I can attest to.)

Zim.


« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next