Central Banks around the world are now in a no win situation!
The monetary policies leading us to here, have completely wrecked the financial system and capital formation.
The only thing left is helicopter money, and more easing..?
Which will do more exponential damage, and have less of the desired affect.
When they will do it, and or, when the system finally has a melt down, is still really anyones guess.
I am of the opinion that we are getting closer to this event than further away.
Weather it starts in Japan the EU or elsewhere is of little consequence to the end result.
When this happens, stocks like ARD, will follow the price of there underlying assets?
My plan is to start selling when Silver gets near it's all time highs, not before!
Until then I continue to accumulate my favourite shares at ridiculously cheap prices and remain patient.
These large pullbacks in bull markets are designed to shake people out.
Those investors, who have done the research, and picked the right companies will be well rewarded and glad they believed in themselves and there research!
Hang in there, and Good Luck squash!
I bought ARD again yesterday.
ARD Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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