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March 24, 2021



Do you remember the Nikkei in the 80ies? When interest rates at the Kabuto Cho were at record lows? The Nikkei will rise to 100,000 they said, when it hit the all-time high of 40,000. But the Nikkei crashed and hasn't reached a new high since that.

What will happen when the interest rates in the US and the EU rise again? The central banks are flooding the markets by printing money. The currency should fall, do they? Compared to which hard currency? Rubl? Swiss franks? Gold? Bitcoins?

Me, I'm on the bullish side with my ETFs. They are balanced quite well, NASDAQ, China, Russia, World, Gold Mines as a back-up. Last question: Do you know an ETF that's short on bonds?

And please: Give me a call the day before the bell tolls...


What, no Bitcoins?

I own several bond ETFs. If you are worried about rising interest rates you might look into the Blackrock Strategic Income Opportunities Portfolio (Symbol:BASIX) which uses derivatives to protect against interest rate volatility.

I personally think that short/medium term inflation fears are overblown.


The Bitcoin reminds me of the tulip mania in the Dutch Republic. A monetary system that needs no banks sounds interesting, but how long will the financial authorities and the central banks turn a blind eye to this phenomenon?


Nevertheless I will try to find out how to deal with crypto currencies now. The first thing to do is to buy a hardware wallet, probably the Ledger Nano S. I think we'll see nice buying opportunities in the next weeks and my favorite would be ICP: https://dfinity.org/


Let us know how it works out for you!


If you have little money, you mustn't speculate. If you have a lot of money, you can speculate. If you have no money at all, you must speculate!
- André Kostolany


ICP was launched on May 12th 2021 and the token shot up from zero to 700 US dollars. After that, Internet Computer prices leveled off at around $ 370.
Now the price is well below 50 $ and I've just transferred some money to a cryptocurrency exchange today. I do hope that money will be added to my account...

In a bear market, never try to catch a falling knife, I've heard...

On the other side: Let the dice fly high! (Gaius Julius Caesar)


For the record: I'm in with 22 ICP tokens now.

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