“I have no desire to be in the mainstream stock market for the duration. Even less to be in the bond market—the bubble there has gotten bigger and bigger over the last few years, to the point that it has reached a truly unholy size. Real estate is holding on, but it’s floating on a sea of debt, so when the bond bubble breaks, real estate—certainly in the Anglo-Saxon world—is in for big trouble. (And real estate is the most obvious thing for cash-strapped local governments to tax, as things turn down.) I really don’t see any way out of this thing, other than through the wringer we’re now caught in. However long they last, I do think we’re in the last moments of calm before the storm breaks.”
http://www.caseyresearch.com/articles/doug-casey-on-isis-gold-oil-and-what-to-expect-in-2015-1
Tip Freedomwat.ch Staff with Bitcoin