r2i forum

I was hoping for some kind of action plan which both sides would agree on by this weekend.
Seems less and less of a possibility. Even if the congress passes something its high probability the rating agencies are going to downgrade the US Debt.

The real interesting thing is markets are still factoring that the deal will be done and reactions has been minimal, but we all know markets have been wrong in the past.
btw gold is soaring today.

What is the action plan you guys are thinking off.

1. Dont take any action. US will not default / downgrade.
2. Sell our holdings and wait for this to settle down before getting back in? Stocks or Bonds or both?
3. Short the market
4. Buy gold.

sammyr2i;400916I was hoping for some kind of action plan which both sides would agree on by this weekend.
Seems less and less of a possibility. Even if the congress passes something its high probability the rating agencies are going to downgrade the US Debt.

The real interesting thing is markets are still factoring that the deal will be done and reactions has been minimal, but we all know markets have been wrong in the past.
btw gold is soaring today.

What is the action plan you guys are thinking off.

1. Dont take any action. US will not default / downgrade.
2. Sell our holdings and wait for this to settle down before getting back in? Stocks or Bonds or both?
3. Short the market
4. Buy gold.

My action plan is to "just chill"

Buy gold at $1600? wow...

n/j/k