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| This thing may be way bigger than lack of diversification. Are you familiar with a old fellow from the New Austrian School of Economics by the name of Antal Fekete? He got my attention the other night while he was being interviewed on "Prime Interest". His take is that the QE by the Fed is causing hyper-deflation, whether deliberate or by stupidity, he can't say. He says the QE is only going to the top and deflation is happening for the rest. If that is correct, and I think he makes a very persuasive argument, there are going to have to be huge recalculations to say the least. A new paradigm. Super bear market? | |
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Hedgie, why are you not recommending shorting John Deere?
