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Wednesday, December 18, 2013

One quick thought...





I realized that it actually should be the goldbug right-wing hyperinflationista wackaloons who are caterwauling for a 1929 crash.

After all, they're the ones who spent the last 3 years losing 90% in the junior miners while the S&P500 went up nearly 100%.

The people who most passionately want a crash, as Ritholtz and the Borker note, are the ones who haven't spent the last several years in the broad equities.

Yet again, Republicanism and Obama-hatred will remain a losing investment strategy.

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