There’s No Glory at the End of Jackson’s Hole

Markets are on pause ahead of Janet Yellen’s Jackson Hole speech, where she’s expected to talk in strange tones, utter complete indiscernible gibberish.

I seriously doubt she will take a dovish tone with all of this elaborate and ornate decadence surrounding markets. Instead, she might poke a little at  hawkish concepts, alluding to a potential rate hike. This will provide succor to the financial sector, which has been maligned by underperformance. It might cause a sell off in REITs, utilities and maybe even bonds. But longer duration bonds, such as TLT, should do fine.

But it’s all gonna be a giant fiction, a well orchestrated lie for the world to enjoy.

Both gold and REITs should be bought on dips. In the event she strikes a neutral or dovish tone, I am well prepared with 13% of my assets long gold and miners.

But, rest assured, a storm is coming. The waters are very docile now and you’re all enjoying the perverse climes, aren’t you? This will end soon. The closer we get to Halloween, the scarier it will become. Animated skeletons will walk the streets of Wall, chopping off dicks with their little skeleton hands. Janet Yellen will eat one too many buttered scotched candies and perish, under a deluge of clubbed sandwiches.

H. Clinton will be elected and criminality will trickle down, causing crime waves of a military nature to run freely throughout the streets of America.

Everything is about to change. Brace yourselves.

 

If you enjoy the content at iBankCoin, please follow us on Twitter