Everything has its essential existence. It’s obvious that the U.S.-Iran situation is already proof that the U.S. got thrashed, but with the boost from Trump’s win, the market believes everything Trump says is true and has been pushing the price up. In reality, that’s not the case—eventually, the emperor’s new clothes will be exposed, and then there will be a retaliatory sell-off.



The tide will eventually recede, leaving that crowd that got crushed on the beach.

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