I don’t think some of you realize how divided this country is right now. Some of you get it, because you live inside the confederacy. I’ve always considered myself to be a “southern gentlemen”, amongst many other things, despite being born and bred in the heathenous, ruinous north. There are some things that cannot be forgiven, one of which is the reelection of Barack Obama.
I speak to many well to do people and they are protesting with their coin. I believe gun sales will shoot higher too. Hell, a 79 year old client of mine from Texas went out and bought a new gun today. What the fuck did he do that for?! People are moved by emotions. They believe in certain ideals and will do whatever they can to see them come to fruition. That being said, maybe Obama’s vision for the future is the right one. I am not here to judge.
However, what I am here to do is direct client funds in the most optimal place possible. On Jupiter’s Stone, we are heading for significantly lower prices, despite the blips to the upside that is to be expected along the way.
I allocated 8% of assets in SWHC today, putting me at 47% cash. I have nearly 30% of my assets tied up in VHC and another 8% in EXK. The other 1% is reserved for old man stocks, none of which hold any weight in these discussions.
My advice to you, very simply, is to run. For dear God, Bernanke is too stoned to realize what is going on here.
As of right now, I am bullish on VHC, gold/silver, guns/beer and bearish as fuck on everything else. Plus, the Mayans are gonna come back from the dead and destroy the planet in two months anyway.