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re: Trust in Central Banks is Eroding Fast

Posted on 9/29/22 at 10:49 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30636 posts
Posted on 9/29/22 at 10:49 am to
Hey guys, OP here. Trust me, bonds are bad. They’ve only been historically the safest asset class, but they’re down 75% in the past year. Instead, you should buy historically one of the least safe asset classes, which also just happens to be down 75%. Bitcoin will definitely hold its value and bounce back, not bonds
Posted by Decisions
Member since Mar 2015
1491 posts
Posted on 9/29/22 at 11:07 am to
Everyone needs to stop trying to reinvent the wheel. The safest place to be during a U.S. Fed rate hike environment is U.S. dollars. If you have more appetite for risk then by all means short everything you can get your hands on.

Do this until something important breaks and the Fed pivots and then go long. It’s really that simple.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80805 posts
Posted on 9/29/22 at 1:17 pm to
I hope you lose this week in the Guillotine league for that terrible take
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