A look at the new #GM : quite a ride

This has been quite a ride for GM. Look at the very useful chart below: [GM Chapter 11] Given the slashing and dicing they took up in the US, Opel Anvers was really the least of their worries. Nevertheless, it would be a good idea to invest in the "New GM" now. Currency crisis will lead to a competitive devaluation of the dollar and, as people move away from the government issued debt (which is really more and more looking like banana-republic money given the rate they are printing it out now - QE2 anyone?) we can expect a strong raise in private stocks. So, from now on:
  1. Invest in stocks, they will raise as confidence erodes from the public sector
  2. Hedge with gold and silver (more manageable for transactions)
  3. As an extreme measure, stock food supplies on an ongoing basis
Don't take my word for it, just check your calendars mid 2011: This will be hellish. And I am an optimist.