‼️ CEO of Evergrand resigns… This is kind of a big deal, right??
(twitter.com)
🤡 Send Away the Clowns 🌎
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What's the play? Buy crypto. Investment companies are snapping up every home here?
Gold and silver are the play. You can hold it in your hand and have something when the power goes out... and take it to any pawn shop anywhere and convert it into whatever currency is en vogue. It's worth as much as anything else used as currency could be. Crypto? Fine for pocket money or just to have some but if there's a power or net outage... you're f'd.
Bingo!
The sheer scale of the outage needed to bring it down would have more disastrous consequences that we would need to deal with
Short sell (buy puts) against banks. I shorted Blackrock today and am already profitable. Shorting Goldman Sachs would be a good play too.
an easy way to go short financials it to just buy FAZ
Crypto is a decent haven if you buy legitimate coins like BTC, ETH, etc. In the stock market you can weather the storm in inverse ETF's like UVIX & UVXY. Both those ETF's measure the volatility of the market (VIX). Currently the VIX is at 23 where is should realistically be much higher with all the stuff going on around the world. I personally do have money in UVIX right now.