What is it like to be Wounded in Combat?


While in Vietnam in a Special Forces Camp A-341 near the Cambodian Border in 1967 I was the team XO and a 1st Lieutenant and this is my story

The Camp had been under attack for several weeks by VC/NVA units to our north and east when we came under attack for the third time and over the next several hours we continued to receive sporadic incoming mortar rounds from the Northeast. There was also some small arms fire but no signs of any kind of ground assault like we had beaten off previously. It appeared that this time we were just being harassed or probed and not attacked. As I remember it about 20 or 30 mortar rounds were fired at Bu Dop and the a joining 1-28th infantry positions during the night, more to keep us from sleeping than to inflict major damage. The 1-28th infantry was taking some casualties from shrapnel but I don’t think they had any KIA’s during this mortar bombardment. We fired counter mortar fire as did the 1-28th infantry but I don’t think any of us hit the VC/NVA mortar positions. They were probably just moving around firing a few rounds from one position and then a few rounds from another nearby position.

However, early in the morning at about 0300 hours one of these incoming rounds landed either: near the 4.2″ pit sending hot shrapnel into the ammo bunker; or it landed directly on the ammo bunker itself penetrating it with flash or hot shrapnel. In either case it didn’t matter for it ignited the propellant charges on the staged illumination rounds which are what propels the round to the target. Maybe even some of the illumination rounds themselves that we were getting ready to fire were set off. I do remember that there was a dull explosion and then several very intense waves of heat that went through the position igniting everything that could burn. Fortunately we had used up all the HE rounds that night and only a few illumination rounds were left unfired. If there had been any HE rounds in the pit and they had gone off when the incoming round hit they wouldn’t have found much if any of us. Just a few pieces and parts here and there scattered around the camp. For sure I wouldn’t be here talking to you.

I had on a standard issue steel pot, a nylon flack vest, jungle fatigue pants and jungle boots, your basic standard uniform for combat in Vietnam. Because we were in camp I did not have on any web my CAR-15 was in the pit with me but I did not have it in my actual possession. Most of us didn’t wear socks or underwear to try and prevent getting fungus infections from the heat and moisture that was always present. The heat from the blast hit me from the right rear while I was talking on the PRC-25 radio. I remember being engulfed by the flames as the fire ball rolled past me and several intense waves (I could feel the pressure as they hit me) of heat hitting me on the back and right side. These blasts or waves of heat were extremely hot such that the intensity of them melted the nylon flak vest completely off me as well as instantly setting fire to my pants and jungle boots. I must have instinctively closed my eyes as the fireball engulfed me and then there were a few seconds where I don’t remember what happened. The blast either blew me out of the pit or I crawled out (I’m not sure which), the next thing I do remember a few seconds later was that I was laying on the ground just outside the pit and seeing that I was on fire.

My first action was to put out the flames that were still consuming what was left of my clothes and flack vest. That probably took 20 or 30 seconds and while I was doing that I also saw there was an intense fire still burning in the 4.2″ mortar pit. After I put out the flames with dirt I got up and saw that SFC Broom and SP4 Schroeder were down on the ground in the pit and still burning, I think they were both unconscious. They were behind me, closer to the explosion, when the blast hit and so this was the first I saw of them after the fireballs rolled over us. I was in the process of climbing into the pit to help them when some of the other team members showed up. They stopped me and took care of the other two guys in the pit. I don’t remember which team members helped me besides that being a long time ago I probably wasn’t in the best state of mind.

I knew I was injured and burned but I had no sense that I might be seriously wounded. I was placed on a stretcher and I do remember getting a shot of morphine. A dust off was called and by 0400 hours we were loaded in it and we left Bu Dop for the last time. It was still dark and as we left I could see the camp and 1-28th positions dropping away as the chopper rose into the dark night sky. Still, not realizing the extent of my injuries I was concerned over my team and that I needed to get back right away, they needed my experience. I was thinking that I’d be gone for a few days, get some rest and then join my team in a week or so. I was very wrong in this assessment of the situation.

We were all medevacked to the 24th Evacuation Hospital in Long Binh for emergency treatment. I can remember going into the triage room and answering a few questions but then my memory starts to get fuzzy. Probably by that time shock was setting in as the next several days were disjoined and what I can remember is only a few images and feelings. At some point I remember being loaded on a medical transport and then being moved to the 106th army hospital in Japan I spent several days in Japan, of which I remember almost nothing but a few images of being in a hospital ward that I remember as being dark However, I was experiencing shock by this time and so I can’t really rely on anything I remember as being absolutely true. Then all three of us were placed on a military hospital plane and flown back to the states along with a lot of others. The ride back was one of constantly dropping in and out of consciousness and blurred images of patients, nurses IV’s and being very cold. I think there was a plane transfer somewhere in this process and then the three of us from Bu Dop were taken to the Brooke Army Medical Center in San Antonio, Texas. I remember very little of that plane ride from Japan but I do remember the airfield in the states and the ambulance ride to the hospital.

Brooke Medical Center was then the premier center, in the world, for treatment of burns, so if you were going to be burned this was where to be. I had 3rd degree burns on my legs and 2nd degree burns on my arms, back, neck and face for a total of 67% of body area). I had also inhaled hot burning gases in the pit when the fire balls rolled over me which had burned the inside of my mouth, tongue and my lungs. Besides that I had some shrapnel wounds and was experiencing a sever loss of body fluids. In general I was in very, very bad shape Later, when I was discharged from Brooke Medical Center, the Doctors told me that when I reached the hospital in December they had given me only a 10% chance of living through this trauma. There had been so much physical damage to my body that they just didn’t think I would be strong enough to make it. However, I’m certainly glad they didn’t give up and that they did still tried to save me despite their doubts. As I contemplated this brush with death a few years later I came to the conclusion that my life after this was a gift and that since I should have died then, but instead I had lived, that I would do something before I died to justify my existence. As a result I have been driven to accomplish something ever since and what I’ll do if I’m ever successful I don’t know.

Being burned extensively is not pleasant and the burned person’s body reacts to this, in part, by allowing the mind to hallucinate. I guess the hallucinations allow time to pass without direct knowledge of the pain the body is going through. I was no exception to this developing situation even when I knew what was happening to me. However, to me going into the hallucinatory state was a very frightening situation, much more so than the burns and associated pain. The pain, I could control mentally to the point of being the only patient in the ward that didn’t scream or in any way get violent during the treatments. That’s not to say that I in any way enjoyed it but only that between the two at least the pain was real. The real I could deal with but the loss of reality was frightening to me.

I had always prided myself in being in control of my internal self as I recognized that I could not control the external world in any way. However the pain and shock I experienced induced a hallucinatory state in me that I would go in and out of, a dream world and that I could not stop from happening nor recognize that I was in this state after it happened. While in these dream states I actually “believed” that what was happening to me was real no matter how bizarre the situation I was experiencing was. Many of these dream states involved some kind of fight with a tiger which made no sense to me at the time. After this hallucinatory state happened to me a few times I could sense it coming on but it was way too powerful a force to fight and no matter how much as I tried to stop it from happening, it would take control of me and I would be in another world.

During the initial period of my treatment at Brooke I dropped from over 180 pounds to under 100 pounds (98 pounds if I remember correctly). As I started my recover I started to gain weight back and also to have fewer and fewer hallucinatory states. After getting skin grafts from by chest to my legs where the skin had been completely burned off and healing from those operations began I had to learn to walk again. That was a task, as the grafted areas would quickly swell up when standing as well as being very uncomfortable. It was probably five or six years later before I really felt comfortable walking and I was never able to run again for any length of time.

While I was in the hospital I received several operations and skin grafts to repair the massive burn and shrapnel damage I had received in Vietnam. Unfortunately, both SFC Broom and SP4 Schroeder died at Brook Army Medical Center while I was there. I was therefore the only one of the three wounded in the mortar pit at Bu Dop that made it. SFC Broom was very severally burned and there was probably never any chance that he could be saved. I was bad but he was even worse as he was the closest to the explosion when it when off. He may even have shielded Schroeder and I from some of the blast. SP4 Schroeder was only slightly burned and was actually on his way to being released. He had been transferred to a different, non-critical, ward and then he developed an infection which ravaged his body with extremely high temperatures eventually killing him. Fortunately for me I was not that aware of what was happening and so I didn’t really comprehend that they were both gone until later when I was out of immediate danger.

The following paragraph was something I wrote to summarize what happened to me after that night in Vietnam over 30 years later when I decided to write about my experiences. By then I realized it was a major turning point in my life that was actually beneficial to me as it showed me how vulnerable we all are to what we think we know, rather than knowing what the truth is and what we don’t know.

On that night in Vietnam I was mortally wounded (all mortal wounds don’t kill you immediately). I was medevacked and sent to a hospital in Texas where I meet the grim reaper soon after arriving. He told me he was coming for me but I told him I wasn’t ready; he laughed at me and said he was going to come anyway. I told him it didn’t matter whether he came or not I just wasn’t going with him. But he wasn’t to be denied and so he visited me every night in the form of a large Bengal tiger and we battled all night for the rights to my soul. He was a very vicious and determined tiger and he tried his best to rip my soul from my body with his sharp teeth and claws but I was strong and stubborn and I would not let go. This battle lasted for two months and he chewed me down to 98 pounds but in the end I prevailed and he disappeared and I was not dead and he had to settle for taking the souls of the two men who were standing next to me in Vietnam.

The lesson I learned was that we are a creation of our teaching and experiences, but and this is a big but, how do we know what we are taught is the truth? Vietnam killed almost 60,000 boys and men and a few women as well plus wounding another 300,000. The war was a pack of lies from our government from the start to the end from both political parties. I did not realize this until the 90’s when I started to write about my Vietnam experiences. I realized at that point why I had lived and not died — it was to write my story about what happened to America after Vietnam so that others in the future would understand what happened and why. That will only happen after I and all the other boomers are mostly gone after 2040 or 2050. In summation my research can summed up in the following nine words.

Passion of purpose does not constitute correctness of thought!

 Then from Sir Karl Raimund Popper (28 July 1902 – 17 September 1994) was an Austrian and British philosopher and a professor at the London School of Economics. He is considered one of the most influential philosophers for science of the 20th century, and he also wrote extensively on social and political philosophy. The following quotes of his apply to the subject of research.

If we are uncritical we shall always find what we want: we shall look for, and find, confirmations, and we shall look away from, and not see, whatever might be dangerous to our pet theories.

Whenever a theory appears to you as the only possible one, take this as a sign that you have neither understood the theory nor the problem which it was intended to solve.

… (S)cience is one of the very few human activities — perhaps the only one — in which errors are systematically criticized and fairly often, in time, corrected

The Story of Drew Ferguson, a Special Forces Trooper


I belong to the Special Forces Association (Green Beret’s) and last year we, in north east Ohio, were notified that one of our brothers had died and we were invited to the ceremony to be held on August 5, 2017 at 10 AM at the Veterans Memorial Park in Avon Lake Ohio. We always go when possible to these events as is it is a very small and close group. Most NCO’s and all commissioned officers are college grads and of course are in top physical shape. The 5th Special Forces Group “The Legion” is I believe the most highly decorated united in the Army (I was in the 5th in Nam). And we have almost all seen combat and lost good friends. About half on my local chapter made it to the service.

Drew was a very unique individual (most of the Green Berets are but he was the ultimate and I wish I had known him we had much in common) and, as proof there were hundreds there from his high school class in Avon Lake including teachers, to college friends from Ohio University, to active duty Green Berets and retired Green Berets. The speakers told of story of his life which was in summary: top of his class academically, an accomplished artist and musician, a top notch athlete. He went to Ohio University and while there it was much the same except he was also in ROTC and graduated with honors including being number 13 out of over 4,000 ROTC grads the year he graduated (I’m not positive on the exact numbers).

He was commissioned a 2nd Lieutenant and severed in the 10th Mountain Division we he got jump wings (Paratrooper) and a Ranger Tab. He did two tours in Iraq. After making 1st Lieutenant and being on the way to Captain he applied for and was accepted to undergo Special Operations training and of course became a Green Beret and did one or two tours in Afghanistan. I may not have this exactly right but its close enough since they didn’t give all the dates.

While he was doing service to his country he continued to work on his art, poetry and music; I’ll type in a sample at the end of this. Needless to say he was good at that as well. I would guess Drew was born ~1984, graduated from HS in ~2002 (after 9/11), graduated from college ~2006 and left the service in ~2016 after 10 years; making him ~33 when he died.

After getting out he turned back to is art and was in the process of setting up a website for artists called Lifeblood Art when he committed suicide; the exact date was not given so I would guess it was sometime in late July.  The family continued that work he started and The Cleveland Foundation set up the “Lifeblood Art Fund” How the hell could this happen and then I read his poetry.

 

Drew’s Song, I Know A Place

I know a place, I know a place where we can go, to pass the time
Pass. pass, pass the time

I know some friends, I know some friends, we can call, to share our night
Share, share, share our night

I know a drink, I know a drink, we can drink, to warm our bones
Warm, warm, warm our bones

I know a song, I know a song, we can sing to lift our souls
Lift, lift, lift our souls

I know a dance, I know a dance, we can dance, to fill our hearts
Fill, fill, fill our hearts

I know a bed, I know a bed, where we can go, to rest our heads
Rest, rest, rest our head

I know a dream, I know a dream, we can dream to change our lives
Change, change, change our lives

I know a song, I know a song, we can sing to lift our souls
Lift, lift, lift our souls

I know a song, I know a song, we can sing to lift our souls
Lift, lift, lift our souls

I know a song, I know a song, we can sing to lift our souls
Lift, lift, lift our souls
Lift, lift, lift our souls
Lift, lift, lift our souls

When I read this I know what happened since I had just finished ready CG Jung’s The Archetypes and the Collective Unconscious (as an artist I think you would appreciate his writing) and based on his work, which I agree with, we all have the male Yin and female Yang in us which leads to conflicts in some cases. Drew had both the warrior and the artist in him. What was bad was he was strong in both and so when he went in the army after 9/11 he was driven to be the best a Green Beret when then that put him in direct conflict with his artist side. Based on his rank and accomplishments there is no doubt that if he would have stayed in he would have made general so why did he get out? And why did he committee suicide right after getting out?

The 10 years of being in the military and being deployed 3 or 4 times where he was there to destroy things ripped his soul apart I know for I felt some of that after I got out; obviously not to the same degree, but I could see the conflict in that poem. After I got out I was working with a bunch of engineers at GE in New York and a lot of them hunted deer. I went out with them a couple of times after buying a rifle and I found I could not shoot a deer.

Right Angle: A Real Black Panther


Meet Robert Smalls, a swashbuckling hero of the Civil War, whose story has been lost to history. Unfortunately, he’ll stay there unless we’re willing to admit the real history of our political parties.

What Did James Comey Tell President Trump About Clinton-Steele Dossier…


Andrew McCarthy has an excellent must-read review of how the Susan Rice email paints a clear picture of James Comey’s instructions -from President Obama- to obfuscate the intent of the FBI counterintelligence operation during the early days of the Trump administration.

Andrew McCarthy – On her way out the White House door and out of her job as national-security adviser, Susan Rice writes an email-to-self. Except it’s not really an email-to-self. It is quite consciously an email for the record.

Her term having ended 15 minutes before, Rice was technically back in private life, where private people have private email accounts — even notepads if they want to scratch out a reminder the old-fashioned way. Yet, for at least a few more minutes, Rice still had access to her government email account. She could still generate an official record. That’s what she wanted her brief email to be: the dispositive memorialization of a meeting she was worried about — a meeting that had happened over two weeks earlier, at which, of course, President Obama insisted that everything be done “by the book.”  (continue reading)

 

President Trump Delivers Remarks on Tragedy in Parkland Florida…


Earlier today President Trump delivered remarks about the tragic school shooting in Broward County Florida in the community of Parkland.

[Transcript]  THE PRESIDENT: My fellow Americans, today I speak to a nation in grief. Yesterday, a school filled with innocent children and caring teachers became the scene of terrible violence, hatred, and evil.

Around 2:30 yesterday afternoon, police responded to reports of gunfire at Marjory Stoneman Douglas High School in Parkland, Florida — a great and safe community. There, a shooter, who is now in custody, opened fire on defenseless students and teachers. He murdered 17 people and badly wounded at least 14 others.

Our entire nation, with one heavy heart, is praying for the victims and their families. To every parent, teacher, and child who is hurting so badly, we are here for you — whatever you need, whatever we can do, to ease your pain. We are all joined together as one American family, and your suffering is our burden also.

No child, no teacher, should ever be in danger in an American school. No parent should ever have to fear for their sons and daughters when they kiss them goodbye in the morning.

Each person who was stolen from us yesterday had a full life ahead of them — a life filled with wondrous beauty and unlimited potential and promise. Each one had dreams to pursue, love to give, and talents to share with the world. And each one had a family to whom they meant everything in the world.

Today, we mourn for all of those who lost their lives. We comfort the grieving and the wounded. And we hurt for the entire community of Parkland, Florida that is now in shock, in pain, and searching for answers.

To law enforcement, first responders, and teachers who responded so bravely in the face of danger: We thank you for your courage. Soon after the shooting, I spoke with Governor Scott to convey our deepest sympathies to the people of Florida and our determination to assist in any way that we can. I also spoke with Florida Attorney General Pam Bondi and Broward County Sheriff Scott Israel.
I’m making plans to visit Parkland to meet with families and local officials, and to continue coordinating the federal response.

In these moments of heartache and darkness, we hold on to God’s word in scripture: “I have heard your prayer and seen your tears. I will heal you.”
We trust in that promise, and we hold fast to our fellow Americans in their time of sorrow.

I want to speak now directly to America’s children, especially those who feel lost, alone, confused or even scared: I want you to know that you are never alone and you never will be. You have people who care about you, who love you, and who will do anything at all to protect you. If you need help, turn to a teacher, a family member, a local police officer, or a faith leader. Answer hate with love; answer cruelty with kindness.

We must also work together to create a culture in our country that embraces the dignity of life, that creates deep and meaningful human connections, and that turns classmates and colleagues into friends and neighbors.

Our administration is working closely with local authorities to investigate the shooting and learn everything we can. We are committed to working with state and local leaders to help secure our schools, and tackle the difficult issue of mental health.

Later this month, I will be meeting with the nation’s governors and attorney generals, where making our schools and our children safer will be our top priority. It is not enough to simply take actions that make us feel like we are making a difference. We must actually make that difference.

In times of tragedy, the bonds that sustain us are those of family, faith, community, and country. These bonds are stronger than the forces of hatred and evil, and these bonds grow even stronger in the hours of our greatest need.

And so always, but especially today, let us hold our loved ones close, let us pray for healing and for peace, and let us come together as one nation to wipe away the tears and strive for a much better tomorrow.

Thank you. And God Bless you all. Thank you very much.

END

Merkel & Schulz Under Tremendous Pressure in Germany


The politics in Germany remain in turmoil. The CDU leader Angela Merkel is being attacked from within her own party. The dissatisfaction concerning Merkel has engulfed the CDU base. It has reached at times outright seething rejection of Merkel. The future of the Union really hangs in the balance. The CDU party congress takes place on February 26, and that will be when they vote on the coalition agreement.

Meanwhile, the SPD leader Martin Schulz has come under persistent criticism concerning his personal ambitions for the office of Foreign Minister. The view has been he was willing to enter a coalition to get that political position for himself. This is the problem with career politicians and now he has been forced to come out and stating that he would refuse that position in order to save the coalition agreement.

Keep in mind that political turmoil in Germany underpins the Euro.

Soros – One of the Greatest Threats Against Society?


It is no secret that I have no respect for George Soros and that is aside from the fact that we would often be on opposite sides of the market. I never saw Soros as a great trader. Even the reputation that he broke the Bank of England was nonsense. The “Club” was all on that trade and it was a guaranteed trade where if the peg broke, you made a fortune and if you were wrong, you got your money back. I was on the opposite side back then being called in by those in the British government. After a 7-year bull market in equities, Soros finally threw in the towel ending his bets on the stock market crash only after being wrong for so long.

Soros lost big time on the Russian manipulation when the “Club” was bribing the IMF to keep the loans to Russia going so they could make a fortune in interest rates. That failed and ended up in Long-Term Capital Management debacle. Soros lost $2 billion on that one. I believe he also lost when the “Club” was targeting the Japanese yen in 1999. So I never saw Soros as some fantastic trader. I believe he was just simply on the right side of a few big plays orchestrated by the “Club” and never by himself.

Macedonia 3-26-2017

I personally find him very dangerous politically. He stands for control of the people and is always plotting for the manipulation of society. He is always on the side of Marxist/Socialism and disturbs me greatly. This is just his political philosophy. There has been a rising movement against Soros on a global scale. This is one person who the world will celebrate his death – not morn it.

The Telegraph is now reporting that Soros “is one of three senior figures linked to the Remain-supporting campaign group Best for Britain who plan to launch a nationwide advertising campaign this month, which they hope will lead to a second referendum to keep Britain in the EU.” Soros is on the wrong side. Europe has no chance of the EU Project actually succeeding long-term. The entire structure is completely unsound and the political process is anti-Democrat. The EU was purposefully designed to be as close to a dictatorship where the people are not trusted to make any decision and are too stupid to even know how to spend their own money. Nobody in the Troika ever stands for an election and they are the people who rule with an iron fist over the economy.

 

Will the Market Make New Highs Again?


QUESTION: Marty; I have been following you since the 1980s. I was there at your WEC in 1987 when you had to hold one every weekend for three weeks in a row the world was going so crazy. I have never known your model to miss a high or picking the low in a panic. Will you update How to Trade a Panic you published back in the 1980s? It is time to get that out.

At the last WEC, I had a conversation with a first timer. He commented you never advertise yet have the biggest audiences ever. I told him I do not recall you ever advertising since the 90s. You don’t need to. All roads lead to you like Rome. My hat’s off to you for calling this panic again to the day. I find it curious why the TV shows, newspapers, none of them will quote you or tell the world what you have accomplished so consistently. This I have come to realize is confirmation of their own dishonesty for if they really report news, they should report you have done it again.

Will this be like 1987, 2000, and 2007? New highs yet again?

Your loyal follower for decades

PD

ANSWER: That is a good idea, I will update How to Trade a Panic. It’s about time I suppose.

Of yes, I remember 1987. I was so exhausted after doing three WEC three weekends in a row selling out each time. That’s when even the Presidential Commission wanted the research. It was a crazy yet fun time. I was thinner and had more energy back then.

Yes, we have not advertised since the early 1980s. Perhaps only after launch and everything is stable after setting up servers around the world. Will we see new highs again? Yes, of course!

This was a Panic Cycle Year I announced at the WEC. It was also 8.6 years up from the 2009 low. The market crashed right on target and it was also the Gold Benchmark target. Then it made the initial low on the Directional Change and bounced. Pretty standard. Hang on. The fat lady has not sung yet.

We still have the weekly numbers coming into play on Friday

Forecasting the Event – Not the People


COMMENT: The Superbowl forecast is bigger than you think.

I’ve been an avid reader of your blog for over 3 years now and your insights cured me of my gold buggery. Thank You again.
The most important part of your Superbowl post in my opinion was the following:

“The Triple Crown was a piece of cake because it is the event I was forecasting, not the horse.”

Despite being an avid reader of the blog for some reason I never put together the 51.6year wave on the Superbowls – as a lifelong football fan this is SO fascinating to me!

Last year’s Superbowl was arguably the greatest ever played – The Patriots were down 28-3 and came back in the 4th quarter to win. Tom Brady passed Joe Montana and Terry Bradshaw by becoming the only QB to ever win 5 Superbowls.

In many ways, this was the peak or turning point for the NFL. Amazingly the anthem protests exploded onto the scene 7 months later – RIGHT AFTER WE WOULD HAVE PASSED the 51.6year mark from the start of the 1st Superbowl! The anthem issue has had a drastic impact on ratings – this year’s Superbowl posted the lowest ratings since 2009!

Even more interesting to me is the first 51 years of the Superbowl era was dominated by a handful of dynasties (Packers in the 60s, Steelers in the 70s, 49ers in the 80s, Cowboys in the 90s, Patriots ever since). During the 52nd Superbowl – which is the 1st one post 51.6yr – the Eagles (who had never won a Superbowl before) took down the greatest dynasty of the last era! They did so against the greatest QB-Head Coach tandem in history and did it with their BACKUP Quarterback who was only playing because the starter had torn his ACL.

The Eagles became the first team in Vegas history to be an underdog in all 3 playoff rounds and win every game!
I mean those are some really amazing “coincidences” in my mind!

But, again, I felt that you hit the nail on the head when you said you were FORECASTING the EVENT and not the HORSE! It makes so much more sense when you look at it that way. There’s too many teams, too many players/coaches/refs, it’s hard to predict THEM but predicting the EVENT does appear possible. Just amazing stuff! I can see now how this correlates to markets – you aren’t picking the people your seeing the event and using history as a guide to tell you how people will react when the event unfolds!

Every American institution including the FBI, Hollywood, US Gymnastics, US College Sports, and even the NFL is falling apart. It’s all about 2032 and the breakup! If you can forecast the event than the collapse of these institutions isn’t surprising. It’s just unbelievable what you’ve uncovered.
My mom was a follower of Gann and watching her work with that growing up allowed me to see how great your work is as an adult. I wish she was still alive so I could share your work with her. As a 28 year old I feel your insights have provided me a leg up on the rest of my generation just because of the mindset you’ve presented on the blog.

Thanks again for everything!

TC

REPLY: Perhaps you are right. I have been doing this for a long-term so I am rarely surprised or impressed. I just expect it to unfold as shown. You are correct, I forecast the Presidential Election in 2016 back in 1985. I was forecasting the EVENT and not the people, such a Trump. Even when people criticise me, it is the person they are attacking, not the methodology. This is a cultural thing were we presume, quite strangely I might add, that humans are somehow capable to change the trend of the whole.

Politics always run for office promising something. They pretend as if they can change the trend irrespective of what is happening globally. The named shanty towns “Hoovervilles” during the Great Depression blaming President Hoover unfairly as if one man could have created such an event. He was unfortunately there at the wrong time. Trump became president simply because he was there at the right time.

It is not the people – it is the event.

Asset Allocation & Diversification


QUESTION: You do not believe in wide diversification?

ANSWER: No. Wide diversification is only required when the investor does not have a clue about what is going on in the markets. We have asset allocation models for Institutions who simply believe they must have some diversification. The main objective is to limit the areas they will take losses on because of diversification. Why buy government bonds when you know we are at a 5,000 low? I am sorry, but sometimes the allocation to a particular segment should be ZERO!