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March 24, 2021

Comments

Koogleschreiber

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...

David

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.

Koogleschreiber

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?

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