If we happen to have a recession and deflationary bear market, then the US dollar tends to be the best performing asset, while liquidity dries up around the world.
Ahh nostr:nprofile1qy2hwumn8ghj7mn0wd68yetvd96x2uewdaexwqgewaehxw309ac8yetdd96k6tnswf5k6ctv9ehx2ap0qy28wumn8ghj7un9d3shjtnvdesh2tnwv46qzxnhwden5te0wfjkccte9ehhg6r9wfehgatxvchxv7tfqy28wumn8ghj7am0wshxw6tjd9hx7tn0wfnsz9thwden5te0wahhgtnnd9sk6um5wghxxmmdqy2hwumn8ghj7am0wsh8xmmkvf5hgtngdaehgqgjwaehxw309amk7apww468smewdahx2qpqk7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7sxzhfwu + nostr:nprofile1qyxhwumn8ghj7cnjvghxjme0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qydhwumn8ghj7mn0wd68ytn0wfskuem9wp5kcmpwv3jhvtcprpmhxue69uhhyetvv9ujucm4wfex2mn59en8j6f0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgewaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmp0qqsd0uazmzmhwseeym3rjhf3txyjapreapc6sq8yq8cy07cg45tlx2cvj3xfg that was a great mellow listen after a winter afternoon stacking wood followed by a hot shower.
Your commentary raises a Q.
If late 2025 gets very toppy and we go risk off - you suggested not being ashamed to get into cash (by which I assume you mean fiat).
I will probably ride out the bear - but would ask if Gold might not be better than fiat in a late 2025 crash a) on principle - it is less fiat b) because it could do well vs stocks
Any feedback greatly appreciated.
PS great work Danny
Discussion
where do we stand with liquidity atm? up only soon I guess. thx
Doombears in Shambles
Thanks - appreciate you taking the time to answer.
Can't see myself buying any of that filthy fiat though😁
Also appreciate that you made the caveat that at a personal level you plan to DCA come what may.
As a Dr I expect you are aware such habits are good for your well-being