Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

For Stan Druckenmiller This Is “The Endgame” – His Full ‘Apocalyptic’ Presentation

May 9, 2016 by mosesman
Remember the Golden Rule: "He who has the gold Rules!"
“(Stanley Druckenmiller) .. suggested that everyone should liquidate their equity holdings and buy a certain 5000 year old shiny asset, which as we reported earlier this week, is Druckenmiller’s ‘largest currency allocation.’ ” Remember the Golden Rule: “He who has the gold Rules!”
  • For Stan Druckenmiller This Is “The Endgame” – His Full ‘Apocalyptic’ Presentation
    by Tyler Durden, www.zerohedge.com 
    Several days ago, hedge fund legend Stan Druckenmiller spoke at the Sohn Conference, delivering what may have been his most bearish fire and brimstone sermon yet, and in fact according to some buysiders who were present, its somber mood and lack of faux optimism was downright apocalyptic. And how can it not be when Druckenmiller said that while the Fed and policymakers have no endgame, markets do – hinting that one is rapidly approaching – and suggested that everyone should liquidate their equity holdings and buy a certain 5000 year old shiny asset, which as we reported earlier this week, is Druckenmiller’s “largest currency allocation.” 
    –
    And just so everyone can appreciate what is keeping up at night one of the most illustrious investing minds of any generation (with a 30% average return from 1986 through 2010) below we repost his entire presentation delivered at the May 4 Sohn Conference, titled appropriately enough…
    * * *
    The Endgame
    When I started Duquesne in February of 1981, the risk free rate of return, 5 year treasuries, was 15%. Real rates were close to 5%. We were setting up for one of the greatest bull markets in financial history as assets were priced incredibly cheaply to compete with risk free rates and Volcker’s brutal monetary squeeze forced much needed restructuring at the macro and micro level.
    ….
    By most objective measures, we are deep into the longest period ever of excessively easy monetary policies.
    …
    Simply put, this is the biggest and longest dovish deviation from historical norms I have seen in my career. The Fed has borrowed more from future consumption than ever before.
    …
    … most of the debt today has been used for financial engineering, not productive investments.
    …
    I have argued that myopic policy makers have no end game, they stumble from one short term fiscal or monetary stimulus to the next, despite overwhelming evidence that they only produce an ephemeral sugar high and grow unproductive debt that impedes long term growth.
    …
    The lack of progress and volatility in global equity markets the past year, which often precedes a major trend change, suggests that their risk/reward is negative without substantially lower prices and/or structural reform. Don’t hold your breath for the latter.While policymakers have no end game, markets do.
    –
    On a final note, what was the one asset you did not want to own when I started Duquesne in 1981? Hint…it has traded for 5000 years and for the first time has a positive carry in many parts of the globe as bankers are now experimenting with the absurd notion of negative interest rates. Some regard it as a metal, we regard it as a currency and it remains our largest currency allocation.
    –
    read more.

end

Post navigation

Previous Post:

Anglo-American Terrorism: British Government Waging Information Warfare in Support of “Al Qaeda Moderates”

Next Post:

Hundreds of Skull And Bones Secret Society Docs Set To Be Released. Satanism & The Ruling Elites

Pages

  • About

Recent Posts

  • Death Wave Strikes China! Crematoriums Overloaded, Graves Multiply Rapidly || China’s 80s Generation Death Rate Hits 5%, Grok Exposes 150 Million Deaths During 3 Years of COVID?
  • The Economics of DEPOPULATION: Why The Extermination of Billions of People Allows Governments to Print More Currency
  • American Journal: Iran Ready For Nuclear Deal, Buckles To Trump By Offering Concessions If Tariffs & Sanctions Dropped – FULL SHOW – 05/15/2025
  • Brighteon Broadcast News, May 15, 2025 – Trump is MAKING PEACE in the Middle East (While Netanyahu Fumes!)
  • WATCH: Alex Jones and Glenn Beck Predict the Coming Financial Meltdown Triggered by Globalist Engineered Crises and Psyops
  • Learn How the UN/Soros-Sponsored White Genocide in South Africa is the Blueprint for What They Plan to Do in America
  • Long Term Debt Rates Climbing, to Reflect the Debt Risk!
  • Slovakia Finds ‘UNDISCLOSED Substances’ in COVID Vaccines || Vaccine-Wary Slovak PM Pauses COVID-19 Shot Purchases Pending Review
  • Jeffrey Sachs: The Trade War Represents the End of Western Hegemony (Clip May 2 2025)
  • What Caused US Deindustrialization, And Can Trump Fix It? Economists Explain
  • Socialism and Corporatism Are Sucking the Lifeblood of the U.K. Economy.
  • The Silent Collapse of China’s Economy
  • BREAKING: New Inflation Was Released (Nobody Was Expecting This)
  • 🔴 Have The World Economic Forum Elites Been DEFEATED? | Martin Armstrong
  • WARNING: Global Financial Reset Is Here – Get Prepared (Gold & Silver NOW) W/ Lynette Zang
  • The Truth About Gold & Basel III – You’ve Been Misled
  • 🔴 Global Geopolitics and Declining US Power: How China Won the US-China Economic War | Einar Tangen
  • US Delinquencies Up 700% as Americans Max Out on Credit
  • ⚡ALERT: Global Airlines Prepare for a “NUCLEAR EVENT”, Russia Enters NATO Airspace
  • Big Money Keep Taking Delivery of Silver & Gold | Andy Schectman
  • EXPOSED: TRUMP’S NEW WORLD ORDER! – The TRUE Reason For Middle East Deal & The Digital Power Shift!
  • The Gaza GENOCIDE They Don’t Want You to See: Jason Jones
  • Satanic Psychological Warfare: “Alien Spaceship Arrives by 2027” || The Luciferian “Alien Invasion” Deception
  • Phil Giraldi : Is Trump Tired of Netanyahu?
  • WARNING: Yields Are Signaling Something Big
  • “Worse Than 2008!” – Peter Schiff Predicts a Massive CRASH
  • Will the US-China Tariff Deal Avert a Possible Global Trade War? | Inside Story
  • Holy SH*T! Did Trump Really Just Say That? Neo-Cons And Warmongers Are FURIOUS | Redacted

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
May 2016
M T W T F S S
« Apr   Jun »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
© 2025 Socio-Economics History Blog | WordPress Theme by Superbthemes