We are not allowed to discuss crypto here.This particular pundit often gets it right. For example about the rally in Bitcoin on which I posted in my previous thread about 10 days Ago, where I was asking about investing in a Bitcoin ETF (which is only available in the US)
Watch John Stewart, formerly of the Daily Show, re pundits (commentators). How horrendously, laughing out loud-ly, wrong they were at each of these such points. Clip is around if you search.
Bottom line: no one knows nothing. I don't think this is 1928, but it could be 1972. We just don't know.
I wouldn't set my portfolio strategy by it.
However I do think Inflation Linked Bonds are more attractive given the likely policy mix. But we cannot speculate about that here.
If you think your pundit is right, then do what he/she says. (Bloomberg Finance is paywalled, so I don't read it).
If you think we are 1928 then go to cash.
Statistics: Posted by Valuethinker — Tue Nov 12, 2024 5:26 am — Replies 5 — Views 486