Krugman heralds start of next depression

[Aecetia]

It said they light bonfires frequently. That could really cause problems in fire season. Without a lot of water, you have to wonder how clean the house is going to be. Some of these houses may end up being torn down.

[stockstradr]

I agree with Krugman, on every point.

And I also say this is easy money, from a market speculation standpoint. (If you accept assumption deflation is here, and it will worsen and be the primary dynamic for the next few years.)

1) I recently doubled-down my double-short position on gold, which I established a couple weeks ago. (“GLL” PROSHARES TR II PROSHARES ULTRASHORT GOLD) That position is now at 15% of my portfolio. When the gold bugs realize they have bought a commodity and are now facing strong winds of deflation, they will turn tail and dump gold.

My market call? Gold below $700 within the next 12 months. Yes, when I see that price I will switch my position to the other side (long) buying up truckloads of the yellow metal.

2) Finally, after years of saying “NO” I’m now saying “YES” agreeing with analysts who – for years – have been predicting economic crash in China. They are finally right. Major economic crash is hitting China. I believe it has already started six months ago and is now irreversible.

I took a position in Ultrashort Xinhua China ticker FXP. I’m late on that trade. Shanghai index has already fallen quite a bit.

YES, I’m working on selling my Tianjin condo. (I should have gotten it onto the market and sold it six months ago.)

3) I am betting for a continued rally in the US long bonds, buying TLT (iShares 20+ year treasury bond fund). I’m also late on this trade. Bonds have really rallied recently already ahead of my trade. Yes, I’m implying that the Fed will act to pull down the yield of the long bond.

[stockstradr]

I agree with Krugman, on every point.

And I also say this is easy money, from a market speculation standpoint. (If you accept assumption deflation is here, and it will worsen and be the primary dynamic for the next few years.)

1) I recently doubled-down my double-short position on gold, which I established a couple weeks ago. (“GLL” PROSHARES TR II PROSHARES ULTRASHORT GOLD) That position is now at 15% of my portfolio. When the gold bugs realize they have bought a commodity and are now facing strong winds of deflation, they will turn tail and dump gold.

My market call? Gold below $700 within the next 12 months. Yes, when I see that price I will switch my position to the other side (long) buying up truckloads of the yellow metal.

2) Finally, after years of saying “NO” I’m now saying “YES” agreeing with analysts who – for years – have been predicting economic crash in China. They are finally right. Major economic crash is hitting China. I believe it has already started six months ago and is now irreversible.

I took a position in Ultrashort Xinhua China ticker FXP. I’m late on that trade. Shanghai index has already fallen quite a bit.

YES, I’m working on selling my Tianjin condo. (I should have gotten it onto the market and sold it six months ago.)

3) I am betting for a continued rally in the US long bonds, buying TLT (iShares 20+ year treasury bond fund). I’m also late on this trade. Bonds have really rallied recently already ahead of my trade. Yes, I’m implying that the Fed will act to pull down the yield of the long bond.

[stockstradr]

I agree with Krugman, on every point.

And I also say this is easy money, from a market speculation standpoint. (If you accept assumption deflation is here, and it will worsen and be the primary dynamic for the next few years.)

1) I recently doubled-down my double-short position on gold, which I established a couple weeks ago. (“GLL” PROSHARES TR II PROSHARES ULTRASHORT GOLD) That position is now at 15% of my portfolio. When the gold bugs realize they have bought a commodity and are now facing strong winds of deflation, they will turn tail and dump gold.

My market call? Gold below $700 within the next 12 months. Yes, when I see that price I will switch my position to the other side (long) buying up truckloads of the yellow metal.

2) Finally, after years of saying “NO” I’m now saying “YES” agreeing with analysts who – for years – have been predicting economic crash in China. They are finally right. Major economic crash is hitting China. I believe it has already started six months ago and is now irreversible.

I took a position in Ultrashort Xinhua China ticker FXP. I’m late on that trade. Shanghai index has already fallen quite a bit.

YES, I’m working on selling my Tianjin condo. (I should have gotten it onto the market and sold it six months ago.)

3) I am betting for a continued rally in the US long bonds, buying TLT (iShares 20+ year treasury bond fund). I’m also late on this trade. Bonds have really rallied recently already ahead of my trade. Yes, I’m implying that the Fed will act to pull down the yield of the long bond.

[stockstradr]

I agree with Krugman, on every point.

And I also say this is easy money, from a market speculation standpoint. (If you accept assumption deflation is here, and it will worsen and be the primary dynamic for the next few years.)

1) I recently doubled-down my double-short position on gold, which I established a couple weeks ago. (“GLL” PROSHARES TR II PROSHARES ULTRASHORT GOLD) That position is now at 15% of my portfolio. When the gold bugs realize they have bought a commodity and are now facing strong winds of deflation, they will turn tail and dump gold.

My market call? Gold below $700 within the next 12 months. Yes, when I see that price I will switch my position to the other side (long) buying up truckloads of the yellow metal.

2) Finally, after years of saying “NO” I’m now saying “YES” agreeing with analysts who – for years – have been predicting economic crash in China. They are finally right. Major economic crash is hitting China. I believe it has already started six months ago and is now irreversible.

I took a position in Ultrashort Xinhua China ticker FXP. I’m late on that trade. Shanghai index has already fallen quite a bit.

YES, I’m working on selling my Tianjin condo. (I should have gotten it onto the market and sold it six months ago.)

3) I am betting for a continued rally in the US long bonds, buying TLT (iShares 20+ year treasury bond fund). I’m also late on this trade. Bonds have really rallied recently already ahead of my trade. Yes, I’m implying that the Fed will act to pull down the yield of the long bond.

[stockstradr]

I agree with Krugman, on every point.

And I also say this is easy money, from a market speculation standpoint. (If you accept assumption deflation is here, and it will worsen and be the primary dynamic for the next few years.)

1) I recently doubled-down my double-short position on gold, which I established a couple weeks ago. (“GLL” PROSHARES TR II PROSHARES ULTRASHORT GOLD) That position is now at 15% of my portfolio. When the gold bugs realize they have bought a commodity and are now facing strong winds of deflation, they will turn tail and dump gold.

My market call? Gold below $700 within the next 12 months. Yes, when I see that price I will switch my position to the other side (long) buying up truckloads of the yellow metal.

2) Finally, after years of saying “NO” I’m now saying “YES” agreeing with analysts who – for years – have been predicting economic crash in China. They are finally right. Major economic crash is hitting China. I believe it has already started six months ago and is now irreversible.

I took a position in Ultrashort Xinhua China ticker FXP. I’m late on that trade. Shanghai index has already fallen quite a bit.

YES, I’m working on selling my Tianjin condo. (I should have gotten it onto the market and sold it six months ago.)

3) I am betting for a continued rally in the US long bonds, buying TLT (iShares 20+ year treasury bond fund). I’m also late on this trade. Bonds have really rallied recently already ahead of my trade. Yes, I’m implying that the Fed will act to pull down the yield of the long bond.

[briansd1]

stockstradr, I respect your putting your neck out there and detailing your trades. Thanks for sharing.

[briansd1]

stockstradr, I respect your putting your neck out there and detailing your trades. Thanks for sharing.

[briansd1]

stockstradr, I respect your putting your neck out there and detailing your trades. Thanks for sharing.

[briansd1]

stockstradr, I respect your putting your neck out there and detailing your trades. Thanks for sharing.

[briansd1]

stockstradr, I respect your putting your neck out there and detailing your trades. Thanks for sharing.

[carlsbadworker]

stockstradr, although I agree with your sentimental on the world economy, all your trades are betting that the market has only one direction to go. Have you noticed that Shanghai index is creeping up recently? If the major economic crash is irreversible now, wouldn’t one predict that it should drop? Bernanke’s Fed is creating a long, steady incentive to borrow and speculate. I don’t think it will have major effects on the economy (including unemployment), but it could have major effects on financial players (e.g. banks and hedge funds) to be more aggressive and speculative. The carry trade could allow the Shanghai index to climb up over 3K easily. And other markets could follow because China is really the growth engine of the world at the moment.

[carlsbadworker]

stockstradr, although I agree with your sentimental on the world economy, all your trades are betting that the market has only one direction to go. Have you noticed that Shanghai index is creeping up recently? If the major economic crash is irreversible now, wouldn’t one predict that it should drop? Bernanke’s Fed is creating a long, steady incentive to borrow and speculate. I don’t think it will have major effects on the economy (including unemployment), but it could have major effects on financial players (e.g. banks and hedge funds) to be more aggressive and speculative. The carry trade could allow the Shanghai index to climb up over 3K easily. And other markets could follow because China is really the growth engine of the world at the moment.

[carlsbadworker]

stockstradr, although I agree with your sentimental on the world economy, all your trades are betting that the market has only one direction to go. Have you noticed that Shanghai index is creeping up recently? If the major economic crash is irreversible now, wouldn’t one predict that it should drop? Bernanke’s Fed is creating a long, steady incentive to borrow and speculate. I don’t think it will have major effects on the economy (including unemployment), but it could have major effects on financial players (e.g. banks and hedge funds) to be more aggressive and speculative. The carry trade could allow the Shanghai index to climb up over 3K easily. And other markets could follow because China is really the growth engine of the world at the moment.

[carlsbadworker]

stockstradr, although I agree with your sentimental on the world economy, all your trades are betting that the market has only one direction to go. Have you noticed that Shanghai index is creeping up recently? If the major economic crash is irreversible now, wouldn’t one predict that it should drop? Bernanke’s Fed is creating a long, steady incentive to borrow and speculate. I don’t think it will have major effects on the economy (including unemployment), but it could have major effects on financial players (e.g. banks and hedge funds) to be more aggressive and speculative. The carry trade could allow the Shanghai index to climb up over 3K easily. And other markets could follow because China is really the growth engine of the world at the moment.

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