Member Info for Wids

"The term 'certainty' is indefinite in today's curious market. If you have a fixed rate government bond you may enjoy relative assurance regarding what will be returned and when, but you have no guarantee that the government will not go bust and default e.g. Russia, Greece, Venezuela and Argentina. More importantly, you have no comfort as to what your money will actually purchase. Has anybody else noticed creeping inflation? Fuel and food particularly. The only certainty is flux. In Germany under Weimar people paid their restaurant bills before sitting down to avoid inflation and the price of the best bottle of champagne would not buy the cork by the following day. With the mind boggling printing and debt creation that is occurring globally something has to give. Commodities are due a good long run."

Few certainties there Baffledby ZIRP.

You'll get back less in real purchasing power. Creeping inflation will turn into "slowly then suddenly". Shrinkflation you get less for the same price - noticed? The US is not allowed to default or go bust.....which means,....you guessed it, more and more greenbacks.

Position for certainties

Markets aren't impressed

Nothing inevitable about a SP rise given what's ahead. Nice ramp though.

Economists Analysists are a waist of space TFE - they couldn't forecast snow in the Artic

1 year up to November 8.9% drop in GDP....bolt on the coming months, it isn't going to be good.

"LONDON MARKET CLOSE: Markets Rally On High Hopes For Biden's Stimulus

where they get the money from and how long this would last ?"

Borrowed and printed. The next lot will be even bigger - the road to hell and $ collapse - it's already making it's way down, the speed will increase.

Dec figure forecast -4.6 GDP

moore
Yes 07:00

TFE, wife's blue one was shown around the Mont Blanc French cops offices, the first they had seen - they like blue.

TFE, just had my passport stamped by the French....wonderful sound lol

Take a look at 10 year bond yields. Spain up 54%

Morning Levis....

Bizarre world we live in - upside down.

Meanwhile.... back to the bunker and lay some mines

Livestock, I stopped reading at the word "normal". The author doesn't understand the next new normal will be different with a lot of things missing. The last normal as you knew it is now history for a good while yet.

The Blockhead had 19 positions - hard to beat. Must be suffering exhaustion...

Wait for Bidens Trillions on Thursday....more of the same that won't fix anything, just juice the markets for a shorter period of time - rinse & repeat.

Inflation once it bursts out, will be like a virus difficult to control but we know the vaccine for that.

When fiat currency has no meaning or worth - this could go to the moon.

But then, if the money runs out-retreat to the bunker.

From what base line? Friday is forecast -4.5. Then the coming months.....

8 on say -7 = +1

Who's to say people won't pay down debt and buy less carp from China, even save some - don't get too excited, this year has only just begun

"The Centre for Economics and Business Research estimates that the UK economy will grow eight per cent this year

Lloyds being a bellwether for uk economy

Lloyds S/P 80p in 2021"

No chance on both scores. At best be at pre Covid level around 1%

More free money on the way to keep the guns off the street. Dollar went South, don't be surprised if the Dow goes North.

Bad news is good news for more fake money - any fix has long passed.

Oops! Not good. 140,000 lost