Loading ...Plunger’s Response
OK….Plungers latest in his Post Bubble Contraction Series was posted at Rambus Chartology this weekend
https://rambus1.com/2018/12/30/weekend-report-fed-to-market-drop-dead/
This one is for members only. You can access the first 7 installments located on the sidebar here at Goldtent TA Paradise in one link.
This work has caused quite a stir in the investosphere . Plunger was asked some questions at the Chartology Forum
His response was very poignant so it was posted at the main Rambus site .
It is now public. …for Goldtent readers.
Plunger’s Response:
Confident, bold, brassy, unapologetic. That’s our Plunger. Thanks for the great read Plunger and Fully.
A bear is one thing, but a secular bear, that’s huge. I’m afraid bad things may be in store for the 2020s.
Over the holidays I tried to convince a few of the younger crowd that the Bear is lose and its time to seek safe harbour. I was told TA is a useless rear view mirror and anyway their financial “advisers” (read mutual fund salesmen) told them it is best to ride it out. Oh well.
I guess we will look back on the 2020s in hindsight
🙂
In the text it says:
“Later still, QE6 will introduce UBI (Universal Basic Income) ”
UBI.
Sounds like Universal Credit (UC) which was an attempt at a social security benefits consolidation rolled out partially here in the UK, which has turned out to be an absolute ongoing disaster.