Thread by @j0nathandavis

Full details and regulatory statements at site

Snippets from 1 Jan Clients' Update:

2022 could be more tortoise than hare and we may have to make more changes than we did in 2021, to ward off problems.

Asset prices in 2022, likely, will be more volatile than 2021. Much more so.
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We have learned precisely nothing, from knowing about the 1930s, as it is now repeating globally, not just in Germany. Especially in the UK, Australia, Canada, many US States, right across the First World and all EU countries.
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The US CDC (Fauci) has just banned PCR because they have determined that PCR cannot differentiate between SARS-CoV-2 and influenza viruses.
From 21 July 2021. So, it has been common knowledge amongst 'scientists' for over five months.
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If, by chance, you want to know what is going on, rather than what BBC, Sky, Good Morning Britain, the press et al, tell you, DM me and I will send you a link for you to start your own research.
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The Bank of England raised the Base Rate, to 0.25%. DO NOT expect that rates will now just rise and rise. THIS is Financial Repression.
Rates will stay low for years, perhaps decades.
Rates will stay well below inflation for decades - thus FUELLING inflation!
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I rather expect, with the price of oil not soaring in recent months, as it had done since April 2020, that the annual rate of inflation has actually peaked for now and will fall for a while.
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I said, last year, and I have said repeatedly, that we are in an ERA of rising inflation, interspersed with PERIODS of falling inflation, perhaps even deflation.

Nothing, as I am wont to say, goes in a straight line, in markets.
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Does anyone remember the scene in Happy Days, when (uber cool) Fonzi* had to apologise for giving bad advice, and all he could say was "I was wr... I was wrrrrr..."? 😄

* Suspiciously similar to Ponzi...

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Five years of income and wealth rising by 5% pa... (27%, compounded)
... while costs of living rise, say, 8% pa. (47%, compounded)
[It seems to me this is real life, now.]
From January 2021 to December 2025, your families' and friends' standards of living may well reduce
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by at least 20%!

That is five years.
What about a further five years?
What about 20 years?

What if the true costs of living rise faster than 3% above earnings and wealth?

This Financial Repression will continue for a generation, as I see it.
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The ERA we are in now (started Q2 2020) - of higher and higher inflation and falling standards of living, for the bulk of folk - is similar to the era from post WW2 to end 1970s.
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The objective then, of the elite and of the policy makers, was to reduce the ratio of Debt (from the War) to GDP (the size of the economy).

That is clearly their (economic) objective now.
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1. Banks will be mandated to lend, similarly to the 2020 Bounce Back Loans.

2. They will be mandated, as will investment institutions, to buy Government Bonds, and hold long term, thus keeping market interest rates low, for decades.
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3. Social Payments AKA Stimulus AKA Universal Basic Income (did anyone mention State control of the population?). UBI will not keep up with true inflation. Think about that.
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The aim is to get Debt:GDP back to under 100%, like the late 70s. Will take decades.
#financialrepression
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I imagine the standard of living of the bottom 95% will fall, for decades.
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The price of oil (and gas) will continue to trend up, strongly, at least till the end of this decade.
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Investment advisers / portfolio managers have investors in Bonds, long term, irrespective of the inflation outlook "because, well, er, because, we've always done that and it's always worked".
70/30 or 60/40 WILL NO LONGER WORK. It's mathematically impossible.
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I said, over a year and a half ago, that we likely saw the generational low in market rates i.e. the generational high in Government Bond prices. Thus, the best that might be achieved is no loss in Bond prices, for a generation.
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Expect Cash to be banned within 5 years, and probably sooner.
Then, we all move to CBDCs and one bank controlling all bank accounts - in our case, BoE. The commercial banks will, in practical terms, take their orders from BoE. (Think, the Chinese or Soviet systems.)
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This is where we are heading: Total State control of the populace. You believe Track & Trace is about health?

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SOLLA - The Society of Later Life Advisers - by whom I am Accredited (one of just 400-500 in the UK, out of some 25,000 UK registered financial advisers) - has a site that displays each accredited adviser's details. societyoflaterlifeadvisers.co.uk
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Clients are all over Great Britain (none in Northern Ireland). And Australia, Dubai, Switzerland and Colombia.
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These are dark times for the human race.

However, bright times for our investments.

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"He who passively accepts evil is as much involved in it as he who helps to perpetuate it. He who accepts evil without protesting against it is really cooperating with it." Martin Luther King Jr (assassinated 4/4/68)
with Robert Kennedy (assassinated 6/6/68).
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