His writeup was first featured on
- It is the big RESET.
- Bonds will be stuck at 1% in the US, Germany, UK and Japan (for this phase).
- The whole bond market will be dead.
- Short selling on bonds - banned
- Short selling stocks – banned
- CDS – banned
- Short futures – banned
- Put options – banned
- All that is left is the Dollar and Gold
- We have around 6 months left of trading in Western markets to protect ourselves or make enough money to offset future losses.
- Spend your time looking at the risks of custody, safekeeping, counterparty etc. Assume that no one and nothing is safe.
- After that…we put on our tin helmets and hide until the new system emerges
Obviously, ZH loved it.From a timing perspective, I think 2012 and 2013 will usher in the end.
Then it got to Business Insider. Here's some of their summary:
Then it got to Biiwii. He kinda fell for it too.
Now, look at the date of all this. June 1st.
Okay? Got the date firmly memorized?
Now look at these charts:
There's a lot of talk in the blogtinuum about how George Soros' smack upside the EZ's head has gone viral. I agree, sure, it has. But I'd like to suggest that Raoul Pal's Ultradoom Of Blackened Infinite Doomy Doominess (Of Doom) also went viral.
But in a bad way. Sorta like how blackened oozing genitalia that have fallen off someone, and are found lying in the street attracting insects, can be said to have "gone viral".
Some old wise man like Socrates must have once said "a wise man laughs at himself". He must have, cos that'd make for a good story.
But we can't be as wise as Socrates, so the best we can do is laugh at Raoul Pal, the man who bottom-ticked the fucking universe.