Trimming positions as most merged such as
qre and cardinal. The other book with epb drop down got merged. The consolidation was not totaly missed on
our view but reaching into deeper pockets since indeed the rentiers and speculators will be failing books. Moodys rating lowered nka but we already sold it.
The majority of stocks are for rent as we noted here very early. I did buy some mmlp. All trades are program trades. I will hold vnrap, memp, bbep and a select
very few tech names.
http://www.suspicious0bservers.org/
Water, wheat, weather are the first thing in the morning.
They become suddenly aware of the fact that inflation is a deliberate policy and will go on endlessly. A breakdown occurs. The crack-up boom appears. Everybody is anxious to swap his money against ‘real’ goods, no matter whether he needs them or not, no matter how much money he has to pay for them. Within a very short time, within a few weeks or even days, the things which were used as money are no longer used as media of exchange. They become scrap paper. Nobody wants to give away anything against them.
When is always sooner than later with debt monkeys.