Excellent interview. It pays to hedge against current trends. Having a strattle strategy helps in the transition, one way or another. Then when you’re sure of the momentum in a particular direction, scale into that direction. I think gold & silver makes alot of sense now, given the growing financial & political instability. At any price, metals makes sense as the ultimate fiat hedge. Had you had the MF Global position as a gold bar in your safe, it would still be in your safe. We all live and learn 😉 thanks for a stimulating discussion.
TL
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