Guest post by Ice Cap Asset Management.
Dodge City, Kansas is a lovely place. The home to 26,101 people regularly enjoy old west casinos, old west rodeos and old west movies. Like we say – it is a lovely place.
Yet years ago when it was still cool to be a cowboy, cowboys of all types were getting’ out of Dodge. And who could blame them – bullets flew around town on a regular basis.
As we look across the globe today, Dodge City’s are popping up all over the place across America, Europe and Asia. However, within the World of financial markets, government sponsored economic policies are desperately trying to keep everyone in the 2012 financial version of Dodge.
Today’s question of the century is which market is the equivalent of Dodge? One thing is for sure, financial bullets are flying fast and furious these days forcing every sane investor to keep their head down. For all other investors, be a good cowboy and be sure to have an exit plan – you never know when you’ll need it.
How any investor (or media outlet for that matter)could expect today’s global financial environment to produceanything but the opposite outcome of the 1982-1999 period isbeyond our comprehension.Today ’s global financial system is teetering once again. Who do weblame? The Greeks? The Germans? The Americans? It doesn’t matterreally. What really matters is how you can protect your hard earnedmoney and not fall prey to the one-dimensional group think thatdominates the financial services industry.
Full reading here.