Originally Posted by
coolhand
No. I am focused and transitioning into crypto currencies now and do not plan to play in the stock market again. I scaled back my tsp contributions (min. 5%) to push funds into crypto and pm's. The CBs can play their games all they want now, but not with my money. The future of CBs is one of doom and I don't think it's all that far off now.
I will continue to post here as I have been, but in August my subscription to stockcharts will expire and I won't be renewing it. From there it will be simple commentary with no charts.
Let me clarify what I mean by doom. I don't know exactly how the transition from the dollar to crypto is going to play out (yes, that's what I believe). It's likely that companies will be compelled to convert from the old system to the new, but the new system will not be managed by CBs. They will be relegated to the dustbin of history. I am pretty certain of that. I don't want to be heavily invested in the old system when the reset hits, so I'm spreading out my risk.
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