"We live in a world where love itself is condemned. People call it weakness, something to grow out of. Some are saying: 'Let each one become as strong as he can, and let the weak perish.' They say that the Christian religion with its preaching about love is a thing of the past. The neo-paganism [of the Nazis] may well cast off love but, in spite of everything, history teaches us that we shall be the victors over this. We shall not forsake love." Titus Brandsma, executed at Dachau, 26 July 1942
Liquidity, Liquidity, Liquidity.
Your size makes you more 'agile' than the big players who will urge you to stay invested, to hold your ground.
Your weakness is that information is not being given to everyone in the market at the same time.
No debt. Liquidity. But where to keep it?
That's the challenge.
We like hard currencies, short term Treasuries, cash, and gold and silver.
The time to buy equities will be coming, but not quite yet.
But that's just our opinion, and we could be wrong.
