Gan

This market has been sliding for the past 5 weeks..

put money on the VIX

That was five weeks ago..and it is not over..

THis week...

The Chinese have stopped buying US debt(BONDS)..and the biggest American Bond fund holder has sold their holding and will purchase no more bonds from the US..and although the bond auction could have sold 3 times the bonds that were sold ..that was over the last month..The Chinese and American Bond guru,out of California said..no more..In two weeks the US government will be out of money..and the only solution is to print their way out of it..that is what they are down too..

I still have some Reichmarks that are in the 100,000RM denomination that go back to after the first WW when the German government was broke and tried to print their way out of trouble..

I had been buying US $$$and will hold a few grands worth but no more..The US $$$$$$$$$$$ is going to get pretty cheep in the next two weeks..

Gotta fly..Off for coffee.

PORTEE