Yeah, okay the longs (me) are getting smoked today. Sorry.
Not really.
The previous call below is now down. The easy thing to do if you know me is mea culpa: I'm wrong, get short, move on.
No.
QE 3-100 is inevitable. And yeah, maybe you take a beating for a month, but you do NOT want US cash.
That is the bubble. Repeat. The US Dollar is the bubble
Gold, always working, that's the old/new reserve currency.
I am reversing one trade below as I actually looked at the pricing and did the due diligence.
*Long Facebook at any price.
Everything else is as is, stay long, stay strong.
Uncle Ben will not let you down.
That is all.
Friday, June 3, 2011
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