MYG 0.00% 72.0¢ mayfield group holdings limited

why doesn't the market take to myg, page-61

  1. V8
    10,794 Posts.
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    Just posted this on another thread and thought you guys may like it

    In my real life I manage a few hundred million, hold mainly bonds, FRN's, TD's and few NCD's.

    LOL, wish I had a few hundred mil to plow into this end of the market.

    Anyway if you saw the stuff Im seeing out of Europe for the last couple of days and the impact it is having on our banking system right now and what some pretty reliable insiders are telling me you'd be pretty weak and browned off too.

    Suffice to say I think were pretty close to the end game for Europe now, its either smoking crater and no where is safe or they print and all ords will put on 30% in quick time imo.

    For the record Ive put mine and a bit of others down on the print options, see a major gold spike into the near future.

    In the end losing your money in the smoking crater scenario will probably be the least of your worries if Europe goes under, some of the simulations Ive seen on this scenario see's marauding gangs moving from house to house stealing the cash from under the bed, civil wars and the like, not sure anyone in their right mind will be able to justify that outcome on what essentually comes down to a matter of principal.
 
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