Monday, August 15, 2016

We are on the Titanic be sure to get your life saving boats ready



In 2000, we had the NASDAQ bubbling. In 2007, we had the housing bubble and the stock market bubble, but not all stocks were very expensive. But now, we have high real estate prices. We have high stock prices in the U.S., not necessarily elsewhere in the world. And we have, by historical standards, the most expensive funds markets in the world in 5,000 years of history with negative interest rates on more than $12 trillion worth of bonds… So if you tell me, something is not fixed, something is not very unusual. I don’t understand the world anymore.

We are all on the Titanic. We all need life saving boats which is precious metals., Gold, Silver, Platinum... physical stored in a safe place, not necessarily in ETF's.... some equities, some fixed interest securities and some real estate geographically diversified.

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