Tuesday, 27 March 2012 19:00

Bill Gross: "The Game As We All Have Known It Appears To Be Over"

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"... it is your duty to try to escape today’s repression. Your living conditions are OK for now – the food and in this case the returns are good – but they aren’t enough to get you what you need to cover liabilities. You need to think of an escape route that gets you back home yet at the same time doesn’t get you killed in the process. You need a Great Escape to deliver in this financial repressive world." In the meantime Gross advises readers to do just what we have been saying for years: buy commodities and real (non-dilutable) assets: 'Commodities and real assets become ascendant, certainly in relative terms, as we by necessity delever or lever less.'"
 
-- Indeed it is. Having the hard, physical goods, the community, the food and tangible resources is all that matters now. -- MCR
 
 

 

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Last modified on Tuesday, 27 March 2012 19:05

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