Change and Chaos

This post contains 3 parts. If any part does not interest you, feel free to jog along and catch the others instead. The first is a poem, the second is about the current political state, and the third is a financial opportunity that may be worth some attention. There is something of a link.
Section I

The world is fucked, but so am I.
It spins, some win, some lose, and why
Commingling guilt and pleasure, high
Expectations make us comply
With regulation, then we die
Again. We persevere and try
To respect the truth and lies
In equal measure – man, alive! –
Because we see the ends to tie
It all together. Brains are fried
When all is done and conquered by
Irritating, annoying guys
On Glory’s path who go awry.
The world is fucked, but so am I.
Section II

Thank the heavens politics has become honest. Only some joke intended.

On the UStateside of the Atlantic, they are deciding between an actual villain and a politician for the highest office of the land. Oddly enough, some are keen to say they are both politicians and some are keen to say they are both villains. Hard to agree with the latter category as one of them is supported by racists and the alt-right, some of whom literally call themselves fascists. The mind boggles at how close they became in the polls at one point, though now they are diverging and the politician is on the up. Hopefully it continues and there can be one piece of good news for the world this year, even if that good news is just that the objectively worse person lost. American Revolution 2 would not go amiss, however, if that’s the best they can do. We all like sequels and reboots these days, so I think it has some chance.

Meanwhile, on the Old World side of the Atlantic, the Great British public, or at least the 52% known as Brexiters, are doing their best to send the nation along a very murky path. The most recent conference has Theresa May, the second female Prime minister, and substantially colder than the first one, claiming human rights lawyers are the enemy, and that the UK is being bossed around by elites. She’s damn right about the latter part. She’s in charge of a cadre of the richest, corruptest, powerfulest, scumbaggiest, self-servingiest, people in the U.K. Got to love a bit of honesty. She even went out and targeted human rights lawyers, a clear indication that she’s the villain of this particular piece. Every moral person on the planet should hold the maintenance of human rights as the highest aim of any one of us who call this place home. So glad she has identified herself as some sort of reptilian.

I hope there can be some unity among the non-horrible people to bring the elites of the Tory Party down. It’s bad enough that the PM is targeting humans rights lawyers, but then we have the Home Secretary borrowing some very questionable rhetoric and demanding lists of foreigners. Name me one good person who keeps list of people, I dare you.

And the Great British Public are somewhat more supportive of this than they are opposed. It’s all just the worst.

In other news, the currency continues on he way down, a nice kick in the teeth for the Morons who were talking a fortnight ago about a post-Brexit bounce as a possibility. If it is a possibility, it’s not coming anytime soon. In fact, the pound is set to fall to parity with the Euro and herein lies opportunity.
Section III

Ask any investment manager and they will say it’s a great thing to have a diverse portfolio – you don’t want to keep all your money in one place or one material or a sudden shock there and you fall. If you want examples of non-diverse collapse, consider the fall of the Russian rouble in 2014. Sanctions and a falling price of oil lead to a huge drop in it’s value against other world currencies. They had to resort to liquidating a huge proportion of their foreign currency reserves to stay afloat. It’s a very bad idea to be tied to one thing, as they were tied to oil. Similarly, it’s an awful idea to have all your money in GBP.

If you want evidence of the difficulty in maintaining your savings in pounds, examine the difference in the value of your savings now and at the rate four years ago. It is a very good idea to keep your money diverse, even if it’s something like just buying a stack of foreign notes every now and then as reserve.

So my suggestion today is a mid-term money-making scheme, but this advice will hopefully bear you more fruit later. I am going to detail what is happening with the Czech Koruna (CZK), and how you can profit from it.

The Czech Koruna has been pegged to the Euro, 27 crowns to 1 Euro, since 2013. Since then, the Czech national bank has had to repeatedly intervene to stop it from becoming too strong. The thing is, the economy is more buoyant in the Czech Republic than in other parts of Europe. The crown keeps trying to rise in value, but the central bank is keeping it down. I’ve seen it written that it will likely be forced to abandon the peg mid-2017.

Which coincides with triggering Article 50.

So, word to the wise, buy a bunch of Czech crowns and store them somewhere safe. When the drop happens, it’s bound to be substantial.

The Czech crown was at it’s most valuable in 2008, where it was about 23 to the Euro, 15 to the dollar, and 25 to the pound. If it rises while the pound plummets, which I strongly suspect with the noises from several European officials, then it could be worth substantially more.

Thanks for reading, safe travels.


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