$3.90 valuation by GS updated, page-362

Sadly, the best investment opportunity I can see at present is shorting the Dow Jones. I cannot see it staying above 10,000 points this year.

I am currently having an argument with a Margin Lender about an issue. They performed an unconscionable action to disadvantage me and then go into legalistic mode rather than fixing the problem and apologising. I do not wish grave harm upon even those that **** me over. However, I was thinking about those clowns all being unemployed before the year ends and felt sad for them. When the stock markets crash in a 1929 manner there are literally going to be industries that do not exist in the future. Most, with large mortgages continue to live like there is nothing wrong. I don’t know how many people I know who think that their Super will bounce back.

Precious metals are going to go nuts but the world may not be such a fun place to be.