My Gold position; killing it. My short side NFLX trades; killing it. I’m unstoppable. This is merely a game, one I enjoy greatly. I have constant thoughts of markets, stocks and all manner of money making endeavors. However, this isn’t about money for me. This is about proving myself right every single day. Any rewards are welcomed, but not yearned.
Moving forward, this market is caught between long term bearish trends and short term bullish trends. While the market may throw curve balls, I understand one thing very clearly; no matter what happens you can bank on governments getting involved. If you have ever read a book on economic history, you will understand this to be a certainty.
Government intervention may come in the form of stock purchases, as in China. Intervention may come in the form of currency manipulation, as in Japan, Sweden and BRIC’s. Intervention will come and betting on some type of intervention is the correct course of action in my opinion. It is correct because, politicians have no patience. They are unable to sit around waiting for things to develop. They need some type of action to maintain the perception of control.
While action is necessary, I believe politicians are about to experience the reality of too much spending and too much debt. Chances are this will not hit the US this year, or even next, but this will hit. Before this time, we can all party and buy stocks. Stay nimble as always and good luck!
