"Asimov, I think Hedgy's point is that weekly supply of 20-30 billion can't keep coming without consequences."
Treggs
He labelled the consequence as the destruction of the financial system.
Not a crash...not a correction but the obliteration of all currency.
Simply not a reasonable position imo and being on the correct side of one market crash doesn't give credence to absurdity.
Hedgy believes the world will self destruct which is an interesting conundrum when attempting to cash in profits from a short sell :)
wednesday trading, page-56
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Last
8,093.0 |
Change
-67.000(0.82%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |