So Tabs, if I am listening, where should my money go now?

Things that have use, or things that have value after recovery; if I were to take his long winded answer and make it short, that would be it.

Things like shoe's, clothes, spoons, chairs & tables, etc.

???. Can we add fresh produce to that list?

Tabs is either on holidays, on ban island or withdrawing himself. Awfully quiet from the Tabs department....:eek:

+1 on the post. Unfortunately the money printing and debasement will continue as there is no other viable option to keep the masses fed. It will continue until the debt goes bad and faith is lost in repayment. Until then, stocks will inflate up along with most everything else here in the U.S. A loaf of bread might be $50, but they will keep these stocks up at all costs to insure the Ponzi lives on.... Government income and pensions depend on it.....:eek:

He has no answers, just endless pontification. In the end he will be as destitute as the rest of us.

lol!!

Tabby, it's not like Cindy & I just discovered the central banks intervention...I just posted the link to inform others.

I am not tabs

but I still think long oil futures is the place to be
not 6 months or next year
but real long as you can get say 10 years out

But with more pairs of shoes.

That line forms right behind me....

The minute GW came on the Tube in 08 was the minute I knew the ground under our feet had changed. The powers in charge thought, "Ohh this can be fixed, let us just apply the standard fiscal and monetary measures and we will get back to normal." As time has moved on and each of those measures that they took have not worked. The situation continues to deteriorate as debt continues to climb and monetary policy is still continuing to ameliorate the situation with liquidity. Again it is a race to see which implodes first US debt obligations or the USD. I have been saying this for years now.

What nobody is willing to admit is that there is a direct correlation between political and civil unrest and how bad and or dire the economic situation is. While the Central Banks policies have provided economic stability they have not been able to ameliorate the causes of the economic malaise. As such the stresses being built up in the economy show up politically and socially in the form of instability and unrest.

I've no need for the cash otherwise, so not selling. Also in a regular brokerage account, I will be taxed on gains.

I would only sell if I see another opportunity that needs cash and will have a higher return, or of course, money to spend.

Your on the Titanic, the ship is going down and there are no lifeboats, as the Ships owner did not put them on the ship because the ship was supposed to be unsinkable.

You are delusional as you make the presumption that the money in your account has value. It has all become an Alice In Wonderland illusion to keep you pacified for another day. Did you ever hear the term "smoke and mirrors." :)

No but I'm kicking myself black and blue for not buying Nintendo last week when this stupid Pokemon crap took off. Fk me...:(

I am willing to take any cash you have off of your hands and I'll even give you $.10 on the dollar even though it has no value.

That's funny. Tabs has been telling us that our money is worthless for many years now, mine still works fine. :)

There is no fixing stupid. So if you think everything is just swell keep on grazing like the Eloi. I am not going to try and convince you one way or the other.

So, if someone was not stupid and took your advice, where would they put their $$ right now? Come on, make a bold recommendation. We'll check back occasionally and see how you did. :)

As far as I know my money still buys stuff and experiences. So it has value. Now, if we're talking about SHTF Zombie Apocalypse type of thing, then yeah, all that goes down the drain. Hopefully I have enough ammo. :)