Ahh nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l + nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj 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

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Discussion

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.

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