$3 Party, page-96

State street are selling and they do short...that is certain...but you are also right in the sense there is a lack of USD within the M1.
TBill`s in issuance each month is nothing like i have ever seen in my 40 years in the game.
So by 2023 the US Gov will have an interest rate on loan to repay at 5.4% of GDP !!!!!! Try and tell me thats not going to be a nightmare for equities....fair enough, commodities is the best place to be when that happens, but what commodities and what companies are diversified enough...
i have asked some of the old boys in the old BHP and they were completely againts hiving off the branch that is now "S32"...still...BHP have more money & fingers in pies than i do, what their numbers were on the thesis im still tryinig to find out all these years later to understand the thought pattern of the round table.
Commodities usually when the Fed & US Gov spend like drunken sailers always has a rebound...ALWAYS....
How & when the USD falls from its current pricing is anybodies guess, but it will retrace that is a certain.
I think there will be a lot of funds now running their ruler over S32 numbers now.