Being permanently bearish on equities definitely pays.
Just ask Zero-Hedge. Unfortunately, for wool-dyed pessimists and the other overly-skeptical black sheep of the thundering herd, it pays apocalyptic newsletter writers' paychecks, and Zero-Hedge/Tyler Durden's Manhattan bar tabs rather than those who permanently position against market priapism. And it's worse than zero-sum because those who are optimistically-challenged often pay for the bad advice - whether directly in subscriptions, inflated margins on retail bullion products, or indirectly via page-views and click-throughs AND then they get hosed by the market....MUCH MORE
...MUCH MORE
a. six would-be wedding bands
b. 1oz novelty of pure gold smelted by JM
c. Au = element #79 on Periodic Table
d. Reward for a 9.59 sec 100m
e. The solution to all our financial problems...changer of men from liberal faggot zionist atheist swine into god-fearing hardworking people of fortitude and rectitude...curer of cancer, balancer of budgets....purifier of all our precious bodily fluids and divinely-given laws....come, my preciousssss...
a. Something that still buys a 12oz can of Coca-Cola
b. A greenback, worth a dollar, which, on average, an American is paid each 4 minutes of work
c. A US Federal Reserve Banknote almost universally accepted in exchange for goods and services the world over
d. A cocaine hoovering apparatus c1978
e. Worthless fiat toiletpaper, so useless that bric-a-brac, watches, baseball cards or bitcoin should be more preferred than this P.o.S. that forms part of the elders of Zion grand plan to steal your labour savings before eating your babies.
To be fair, I don't recall ZH doing the Protocols of the Elders of Zion schtick, otherwise pretty close to the mark.
