what time is it?The following quote is from an article on kingworldnews today.
There are only 2 losses to report loss of capital or a loss of opportunity. If we preserve the capital there will always be another opportunity. We believe the time has come to actively preserve capital. We anticipate a bumpy year.”
www.kingworldnews.com
I am of the belief that it might be a good time to remove your capital from the equity markets.
In fact I have done just that, other than my play money here and my beat up precious metals fund investment. (did so 3 months ago)
My reasonning is as stated above "preservation of capital" The lost of opportunity that has resulted is in my mind minimal as the knowledge of knowing I am standing on the side lines right now is somewhat comforting.
By no means am I smart enough to time the markets, but I do believe that I am smart enough to see that the lack of sound money principles implemented by Government throughout the Western World is about to cause sheer chaos for the non 1%'s of the world.
That old saying..."follow the money" may be something to consider right now.