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How to play Fishdom
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About Fishdom
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Following a down year in Las Vegas, where visitor volume slowed 7.5%, the casino town has stabilized and rebounded in 2026, albeit only slightly. The LVCVA says visitor volume was up 0.5% through July.
Room rates for Strip properties have increased 3.5% in 2026. Strip occupancy is flat from a year ago.
What is Fishdom?
Same thing that happened in 2012. I’m sad, but once again, I’m just beaten to the punch. My whole adult life has been that way and I can’t really explain how or why other than to say it I’m constantly being pushed in the direction I’m already going in.
So here’s what happens from here, in my view. In a few months, food price increases are going to start to become very glaringly obvious. Price inflation will not be able to be hidden anymore. You can tinker with the inflation statistics only so much, but once it gets to food prices, it’s game over. It’s already happening. Food bills are rising and are about to rise much faster.
That inflation is going to be priced into bond yields very quickly and the balance sheets of all the banks with worthless bonds squirting out of their eyeballs are all going to collapse. All at the same time. The whole process once it starts will take no more than weeks. The Fed will embark on one last round of printing to try to save the system one more time, but it will not work. Not this time. This time, the dollar, the reserve currency of the world, will be completely destroyed, and with it all other fiat currencies and the entire global financial system. Done, finished, the end. That means everything running on the assumption that dollars have any value, including the electricity grids that mine cryptocurrencies mind you, will freeze up.