The ETF Report
Lawrence Sarsoun
321-259-4729
sarsoun@hotmail.com
Melbourne, Florida
Week of Jan. 17 – Why Nothing Matters Anymore, except…
In being an analyst and therefore somewhat of a prognosticator, I have come to a point of climax. My prognosticating has bumped face-to-face into end-times prophesies and my Christian faith. One of the hallmarks of Christianity is the fact that, throughout recorded history, seers and prophets have been bathing us with a steady stream of Divine revelations that have come to pass with amazing accuracy.
Now that we appear to have begun the end-times, things, events, seem to be moving with a renewed quickness. It’s like things are not only moving quickly, with amazing accuracy, but exponentially. The buzzword, “New World Order” has become hackneyed and commonplace. Christian preachers and evangelists, all have come to have a similar viewpoint, that some of us are about to leave, are about to be blest with a righting of wrongs the likes of which we have not seen since Moses took the Israelites out of Egypt, That the sins of the nation are piling up to the point that common folk are coming to realize, “hey, things are way out of hand”, that duplicity is so rampant that even the most jaded amongst us are shocked by the moral turpitude pervading our society, that the idea of a just God deciding to wreak some vengeance is suddenly gaining some credence, well, to put it simply where even the simple will understand, the stuff is about to hit the fan. Others have pointed to the pain to come. To which we add, ‘you ain’t seen nothing yet’. Think your worst thoughts, famine, drought, wars, earthquakes, volcanoes, riots, chaos, etc., etc..
For example, just think dominoes. Rising food prices (name yer’ pizin, droughts, famines, China, India) = rising interest rates = A collapsing stock market. How ‘bout increasing of our fiat “money” = rising food prices = civil unrest = chaos. How ‘bout natural disasters = famine = rising interest rates = China refusing to buy our debt = war. I was thinking about offering some solutions (like I have in the past), but I think we’re past the point of accepting sound ideas.
Like attacking unemployment by abolishing the minimum wage law, let employees and employers negotiate a wage amongst themselves that would allow a worker to go back to work and allow an employer to put the employee back to work. Who knows, maybe we could become #1 in the world again.
Like amending the Constitution to allow a state (any state) to coin money (you know, silver coin) which would result in competition amongst the states to provide a true store of value money and competition vs. the fiat “money” of the Federal government.
Our posture remains the same. We are placing buy stops just above the market in various inverse ETFs (PSQ, QID, DOG, DXD, SH, SDS, RWM, TWM, SJH, SKK, SPXU). We are expecting higher interest rates (watch TBT and TBF). We still have openings for clients.
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