RE:Assume the position....I bought some spxu this morning after doing my homework on it last night. I was unable to short Tesla and Apple, etc. directly, so this was an acceptable alternative. I'm prepared to get a little burned in the short term if need be. I guess your relentless posting finally got though to me. I agree 100% with about 90% of what you're preaching. The only part I don't see is your apparent preference for cash over physical gold and silver. Correct me if I'm wrong about that, but i'd have a large chunk of reserves in physical pm's and quality miners, even in the event of a dramatic collapse in equities, unless you're really looking to load up on all this stuff you call "junk" when it hits the floor.