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To: tired&retired

In an August, 2011 online debate with James Altucher, Stansberry predicted that Europe’s debt crisis would intensify in the coming year, with Italy’s Unicredit being “the next big domino to fall.” Stansberry predicted that once Unicredit fell, Germany would not bail it out, and that Germany would leave the European Union within the next twelve months (by August, 2012). Additionally, Stansberry predicted that the U.S. Dollar would lose its reserve status and the U.S Treasury “bubble” would burst. In light of these oncoming financial calamities, Stansberry recommended that investors convert their assets to 50% gold and 50% cash, if they were not willing (or able) to actively short stocks


32 posted on 04/27/2014 12:05:38 PM PDT by tired&retired
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To: tired&retired

Question! how is a ‘US Treasury bubble’ related to a Federal Reserve debt?


37 posted on 04/27/2014 12:18:36 PM PDT by noinfringers2
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To: tired&retired
Stansberry recommended that investors convert their assets to 50% gold and 50% cash, if they were not willing (or able) to actively short stocks

right and since Aug 2011 the US stock market went up 30% and Gold went down 15%. There will be corrections, recessions and depressions over time. All one can do is to stay conservatively invested in a broad range of instruments and recognize the market could fall 50% at any moment

39 posted on 04/27/2014 12:26:18 PM PDT by plain talk
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