Archive for July, 2011

The great themes of this century

Food, soft commodities, precious and rare earth metals – real things.  These will continue to steadily increase in price.

Anything with debt – residential real estate, commercial real estate.  Volatile.  Some countries will continue to go up.  But it’s a Ponzi scheme.

Stocks.  Dead.

Government debt.  Good.  Until it turns bad.  It’s a Ponzi scheme too.

Cash.  Again, good until it turns bad.   Keep nimble when it comes to cash and put it to work if your country goes Greece.

Greece is the word. And the future.