Reply to thread

** My concern is that stock market... Well probably even all markets outside of cryptos, are no longer true price discovery mechanisms. **

 yes i share those concerns  , cryptos will be worth WATCHING to see how virtual novices  will react to widespread panic   ( and how many chose to resist leverage and debt elsewhere

 BUT that is the game we have  , and the minefield we are playing on

 *** Both institutions and retail traders have been willing accomplices in these rigged markets, and hence why so many libertarian wildcats have gone into cryptos. ***

 am not convinced the crypto markets are devoid of rigging  , but such rigging MIGHT be less than elsewhere in 'liquid assets '

 *** However I totally believe that the debt market has passed a critical mass ***

 i believe that happened in September 2019  , however those claiming that happened in the GFC have a strong argument as well ( IMO )

 you assume there will be some trust left in the system ( and currencies ) when the dust settles  , i am not so sure of that

 i was surprised when the ' bond yield curve inversion '  flag  seemed to fail this time  ( or maybe it did  work and we have all been distracted  since )

 are we wrong  , or dancing on air and unaware of it  ,  accurate information is hard to find  recently

 early is NOT a bad thing provided you don't over-commit  to that direction ( leave some tweaking room )

 for example  i have been  tilting towards 'safe-havens ' for over 8  years  this year  the M&A activity  has taken out many of those 'safe-havens '  leaving me  with profits ( cash )  probably right at the best time to have spare cash to invest ( if there is a true melt-down this time )

 but the future is not written yet