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The Last Bubble

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  • #16
    Re: The Last Bubble

    Whoa, wait a minute! Is the Alt-E bubble out? Can't they devise some new mechanism to replace FIRE and re-stimulate the economy? All we really need is the F to create TECI, the IRE can crash.

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    • #17
      Re: The Last Bubble

      Originally posted by tombat1913 View Post
      Whoa, wait a minute! Is the Alt-E bubble out? Can't they devise some new mechanism to replace FIRE and re-stimulate the economy? All we really need is the F to create TECI, the IRE can crash.
      I think what EJ is realizing is that a new bubble will NOW require a new monetary system as a prerequisite. (It's comming BTW, hang in there guys)

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      • #18
        Re: The Last Bubble

        C'mon, haven't you noticed the latest bubble?
        Its so easy to see, it's everywhere!
        So funny EJ and itullipers didn't notice it yet.

        The presence of the new bubble was tipped by Paulson trying to prevent it from happening in the first place: ...short ban.

        It's shorting and inverse ETF universe, you know, SKF, QID, SDS, FXP, DUG and all that good stuff.

        Now, if you late to the party, enter at you own risk! We all know what happened to people rushing to china stocks in october 2007, gold in march 2008 or oil in July 2008.

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        • #19
          Re: The Last Bubble

          Originally posted by friendly_jacek View Post
          C'mon, haven't you noticed the latest bubble?
          Its so easy to see, it's everywhere!
          So funny EJ and itullipers didn't notice it yet.

          The presence of the new bubble was tipped by Paulson trying to prevent it from happening in the first place: ...short ban.

          It's shorting and inverse ETF universe, you know, SKF, QID, SDS, FXP, DUG and all that good stuff.

          Now, if you late to the party, enter at you own risk! We all know what happened to people rushing to china stocks in october 2007, gold in march 2008 or oil in July 2008.
          I hardly think short ETFs classify as a bubble.

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          • #20
            Re: The Last Bubble

            Originally posted by tombat1913 View Post
            I hardly think short ETFs classify as a bubble.
            Why not?

            "All truth passes through three stages. First, it is ridiculed.
            Second, it is violently opposed. Third, it is accepted as being self-evident."
            - Arthur Schopenhauer (1788 - 1860)

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            • #21
              Re: The Last Bubble

              Originally posted by friendly_jacek View Post
              Why not?

              "All truth passes through three stages. First, it is ridiculed.
              Second, it is violently opposed. Third, it is accepted as being self-evident."
              - Arthur Schopenhauer (1788 - 1860)
              Fancy.

              You know what, never mind. You could be absolutely right about this. I just have a feeling that if enough people sell off index shares that the reciprocals become hyper inflated, the fund managers will become just as insolvent as the banks who collateralized debt. I could be wrong, and I don't think it wise for me to try to argue on this point.

              I'm not bashing the ETFs either, I put 100% of my retirement money into URPSX last October. I also sold it all last month because I don't want to be stuck holding them when they're outlawed/insolvent. These emergency actions by the SEC have happened with hours notice if any at all, so who knows what the hell they're going to do with their new found authorities.

              I'm at a loss as to what to do next. Can I trust paper gold? Should I cash out, take the tax hit and buy physical PMs? Should I position for an Alt-E bubble? Can an Alt-E bubble even happen now with the FIRE economy in shambles? Is it safe to get back into shorts and ride this the rest of the way down? I have no idea. Good luck.

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