"Cash is trash." Ray Dalio. Although that bit him on the backside to the tune of ~20% it's becoming a possibility for being right for different reasons. Proving being too early is the same as being wrong.
I was watching the S&P 500 soar like a like a duck that felt the whoosh of a hunter's bullet. However, the real Elmer Fudds were global cental bankers led by Mnuchin and Powell. To further confirm many of the above posts this note from London-based FX trader Laidi:
Mnuchin's Bazooka & best vs worst stocks
I appreciate the symbolism of a "fizzled" bazooka
To a great deal this convinced me to BUY Au! Outside solid divvy payers where else there to speculate/invest, seriously?
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