I went back into the market today (pulled 1/2 out at dow 14k)…risk/reward is there. I see it as binary. If we are in a depression, it’s going to get a whole lot worse. If we aren’t, there is a lot of upside. I still have a year of living expenses in cash, but no, not enough food, gold, ammo:)
I still think inflation hedges, U.S. currency hedges, etc are important. I see no way that we get out of this without inflation and dollar devaluation on a large scale.
