Jim is shorting US equities again and buying commodities. He tends to think the dollar will rise a little bit more, but it’s basically a rally to short and he wants to unload his dollars at higher prices. Of the many financial advisors you see out there on the media, I tend to think Jim really knows what he’s talking about.
Part of me is really sad to see Jim is forecasting massive riots in the very near future. In my opinion riots will only give the government more of a reason to move towards a “police state” and take away even more of our civil liberties. Honestly, doesn’t anybody read 1984 and see what is really unfolding right before our very eyes.