Tag Archives: economic depression

Positions For The Coming Crash

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For a long time I have contended that the only good investment opportunity available is that of holding a diversified portfolio of short positions in stocks. This is not safe, but you will soon discover that it is safer than what you are doing now. Below are the symbols of the stocks I am currently short.
Across the globe reckless economic policies have driven up asset prices as an accommodation to the wealthy upper 1% of the world’s population. The cost to you is a gross misallocation of resources that will be corrected with a severe economic depression.
Asset prices of all classes including gold and real estate are overpriced. Selling short is the opposite of owning assets. The only profits to be made in the coming depression and stock market crash will come by profiting from the collapse of the world’s financial system. That is what selling short will accomplish. Suffering for the majority will be unavoidable. Think of the suffering as your punishment for believing lies.

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Gold

A New Standard For Economic Calamities

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We are in the early days of the greatest economic crisis history has recorded up to this point. The Great Depression of the 1930’s is currently acknowledged as the standard by which all other economic calamities are judged. That honor will soon belong to the time period we are now entering.
The stupidity that has guided economics for the last few decades will eventually have to be acknowledged. Suffering is the natural consequence of stupidity and Americans are going to suffer. Is suffering deserved? Who is to say? Regardless of whether or not the suffering is deserved, it is certainly to be expected.

On Top Of The Stock Market Crash

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With the stock market collapsing more today, this is a great day for me with respect to my investments. As I have written previously, I have been aggressively taking out short positions for over a year in anticipating a severe economic depression. I am absolutely sure all financial assets are going to plummet. While my investing approach may seem extreme, I feel completely safe with it. I am already ahead almost 50% for the year.
So, where do I get my confidence? I know for a fact that human beings do not just behave like herd animals. Human beings actually are herd animals. From birth we are all trained to be members of herds and sub herds. All through school, children are encouraged to establish all sorts of arbitrary loyalties. By the time kids are grown, individual thought is all but extinguished. None of this is done consciously. It is all instinctive behavior. Humans both deny acting on instinct and are unaware they are doing so. Only a handful of others and I have enough awareness to see that society is governed by herd dynamics and not individuals reasoning individually. Am I happy knowing that I am a herd animal? No, but I am not going to let that stand in the way of my making a profit.
Other analysts believe policy decisions are made using reason and intellect. I correctly study human behavior in terms if herd dynamics. For example, I know when the Federal Reserve makes a decision; it is always based on compulsions that are dictated by herd instinct.
Lonestar Card Lonestar Card is a song I wrote and recorded as Curbside Jimmy a number of years back with the Curbside Jug Band. If you listen very carefully to the bass, you will discover that it is a Jug. The jug was played by the late Gator Ron Ramey, who was the probably best jug player who ever lived. The the jug is prominent at the very end of the song. Lonestar Card celebrates the welfare system in Texas of which so many Texans are very proud.