
25 FEB 21 :: Here's my alchemy formula. You take real $ rates, 100bps and you multiply by total debttoGDP, 450pc, and you get a negative real cost of debt at the macro level of 4.5pc of GDP, a trillion bucks. @hendry_hugh 

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18 FEB 21 :: Negative rates are the next major gold discovery. @hendry_hugh 

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12 FEB 21 :: 08FEB2021 :: Negative rates are the only escape hatch 

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11 FEB 21 :: 08FEB2021 : The Markets Are Wilding [continued] 

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10 FEB 21 :: 08FEB2021  The Markets Are Wilding [continued] 

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9 FEB 21 :: In accounting terms the first China will show a much lower GDP and a lower GDP growth rate than the second. We live in the second China. The GDP number they report is much higher than the GDP number of the first. @hendry_hugh 

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9 FEB 21 :: The Markets Are Wilding 

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9 FEB 21 :: China took the blue pill  you wake up in your bed and you believe whatever you want. But you need to adjust GDP by as much as 30%. So official data says China debt to GDP ratio is 260% but if GDP is 30% less, they could be closer to 400%. @hendry_hugh 

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8 FEB 21 :: Here's my alchemy formula. You take real $ rates, 100bps and you multiply by total debttoGDP, 450pc, and you get a negative real cost of debt at the macro level of 4.5pc of GDP, a trillion bucks. @hendry_hugh 

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8 FEB 21 :: Negative rates are the next major gold discovery. And if you are sitting there befuddled. Buy eurodollar futures. Buy lots of them. Assuming you already own gold. @hendry_hugh 

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4 FEB 21 :: Here's my alchemy formula. You take real $ rates, 100bps and you multiply by total debttoGDP, 450pc, and you get a negative real cost of debt at the macro level of 4.5pc of GDP, a trillion bucks. @hendry_hugh 

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4 FEB 21 :: Negative rates are the next major gold discovery. And if you are sitting there befuddled. Buy eurodollar futures. Buy lots of them. Assuming you already own gold. @hendry_hugh 

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3 FEB 21 :: Negative rates are the next major gold discovery. And if you are sitting there befuddled. Buy eurodollar futures. Buy lots of them. Assuming you already own gold. @hendry_hugh 

Read Wrapup 



3 FEB 21 :: Here's my alchemy formula. You take real $ rates, 100bps and you multiply by total debttoGDP, 450pc, and you get a negative real cost of debt at the macro level of 4.5pc of GDP, a trillion bucks. @hendry_hugh 

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1 FEB 21 :: Buying crappy co.s and bidding them to preposterous valuations is almost DaDaism and the kind of nihilism you find around fin de siècles or at least in The Joker movie. @hendry_hugh 

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18 JAN 21 :: Negative rates are the next major gold discovery. And if you are sitting there befuddled. Buy eurodollar futures. Buy lots of them. Assuming you already own gold. @hendry_hugh 

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7 JAN 21 :: Negative rates are the next major gold discovery. And if you are sitting there befuddled. Buy eurodollar futures. Buy lots of them. Assuming you already own gold. @hendry_hugh 

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7 JAN 21 :: Here's my alchemy formula. You take real $ rates, 100bps and you multiply by total debttoGDP, 450pc, and you get a negative real cost of debt at the macro level of 4.5pc of GDP, a trillion bucks. @hendry_hugh 

Read Wrapup 



4 JAN 21 :: Here's my alchemy formula. You take real $ rates, 100bps and you multiply by total debttoGDP, 450pc, and you get a negative real cost of debt at the macro level of 4.5pc of GDP, a trillion bucks. @hendry_hugh 

Read Wrapup 



4 JAN 21 :: Negative rates are the next major gold discovery. And if you are sitting there befuddled. Buy eurodollar futures. Buy lots of them. Assuming you already own gold. @hendry_hugh 

Read Wrapup 

