On 22 Nov 2014
I'm liquidating all my stocks and going to cash,
Iwog will also not admit that he made a bad call to liquidate "All my stocks"
That remains to be seen. I'm not a trader. Obviously as of today, I should have waited.
Which was completely and utterly wrong. He made investment decisions (buying massive housing stock) in the face of a hyperinflation hypothesis during what should have been and might still turn out to be DEFLATIONARY period.
This is crap. I bought homes with carrying costs of $1000 a month that yielded rents of $2000 a month. On the other hand, no one can reference your opinion on housing because you changed your screen name after making years worth of ridiculous predictions. Hide much?
Anyone who wants to research those old threads will find them devoid of arguments regarding inflation and saturated with arguments regarding yield.
I think iwogs reasoning used to be hyperinflation because of currency debasement
Until 2009 correct. From 2009 onward I was long gold for no other reason than I correctly identified it as a bubble.
December 11, 2009
I DO believe this is year 3 or 4 (out of 5) of a gold bubble.
As it turned out, it was year 3.5 with another 1.5 years to run. Considering I posted this in 2009, how the hell does someone say I got lucky?
There are a few facts that the trolls leave out. I have been a strong stock market bull, frequently out on margin since 2009. I actually made my first "fortune" on the oil bubble which saw me buy futures options at $80 and sell them at $134, again all posted real time.
I don't discuss my investments real time to gain accolades. I post my investments real time to give people an opportunity to shit all over them and try and convince me I made a mistake at the time I post them.
People who never render an opinion saying "I told you so" after the fact is just sad.