>mfw the derivatives bubble bursts and i'm holding cash
>mfw a century of inflation vanishes in less than a year
>mfw gold falls to $40/ounce
>mfw i can by land for pennies
>mfw i already grow my own food to a surplus and don't consume many commodities
Feels good man.
Oh, and don't hold Euros (or anything else; except maybe AUD if you like to gamble). The illusion that Germany can continue to prop up the Eurozone indefinitely is about to be smashed like a white girl in a refugee camp. That's when the dominoes will really start falling.
Also, when they announce plans for a replacement global reserve currency soon, don't buy into it -- that's just banking interests attempting to consolidate the control of inflation and use it as a divestment vehicle from over-leveraged investments that will inevitably deleverage with the deflation in USD that QE has failed to stave off.
You're about to see approximately $700 trillion disappear in derivatives alone, and its gonna be beautiful -- you can't just print that -- that "money" only exists in the form of debt obligations. The total physical USD in circulation right now is only around $1.4 trillion. They might use a few tricks at the higher levels in an attempt to smooth things out between big banks, like printing a trillion dollar platinum coin or something, but I think at this point they're starting to realize the eventuality of a deflationary dollar.
Or I could just be a shill. Guess we'll find out.
Since the US is one nation under debt, the FED will not be OK with this and just print more money until deflation goes away.
They made it clear that they think deflation to be worse than inflation.
Probs are we will se one or two decades of negative real interest rates coupled with moderately high inflation.