The market action from Friday January 29th has shown me one very serious probability. The Depression of the Western World may be coming soon. For those of you that doubt this fact, please continue to read.
We have all read the articles the Economic Analyst puts out each day and I am sure you have noticed these non-mainstream stories show us the true picture of America’s plight. The fact is, America will not be the only nation that “meet its maker”, as the U.K., the E.U. and eventually all nations will succumb to the Monopoly Money Managers.
How do I know the gloomy events will come? First of all, the Market’s response from last Friday should give us all a clue. For example, when a 5.7% GDP number comes out and the market rallies then shortly after plummets, tells us something very serious. People are scared. When I say people, I really mean traders and the so-called “smart money”. These managers of money know darn well that the numbers being put out by our Economic bureaucrats are candy coated to paint a rosy picture. When the numbers are looked at more closely, there’s nothing but air and stimulus monies.
The Western market as we know it may have been changed forever, due to the recent talks of regulation that are dire to a capitalist system. Besides the fact that tens of thousands of jobs would be lost, our entire financial system would screech to halt.
So what should you do? I am personally cutting back on any trading positions of size (don’t forget your 401k is an open trade), as it’s very possible we wake up one day and find the markets down hundreds’ of points. Last Friday’s action should show you the likelihood of a major market drop on the horizon. It’s always better to be safe than sorry.
My advice is to take this gift of lower physical metals prices and buy more physical. If you have doubts about were Gold and the rest are heading, please notice that the metal has held the $1070-1080 levels. There are rumors of a large buyer that is keeping prices afloat (China/India?). If prices continue to stay here, look for “Short sellers” to become nervous and buy back their short positions. Gold NEVER has NO value, unlike paper. Till next time. Trader D.
MARKETS SET TO CRASH?
Markets have become “pretty nervous again,” Deutsche Bank AG Chief Executive Officer Josef Ackermann said during a panel at the World Economic Forum in Davos, Switzerland, on Jan. 30. He cited sovereign risk and commercial real estate as areas of concern for investors..
Link Here
rIGHT oN tRADER d.
ReplyDeletesPOT ON.
sOON,tEH MARKETS WILL PLUNGE.
Errr. I mean, yeah.
516 you are right crackhead d
ReplyDeleteCrack costs serious money but it's ok.
ReplyDeleteMy government job pays REAL GOOD.
In the Event of a DISASTER-Economically, false flag, HAARP-caused, or Natural, I am Ready for..
ReplyDelete1.5 years.
Commercial Real Estate collapse will be more entertaining to watch than a residential market collapse. Years of ripping off tenants, proud of their properties, down the drain-o.
ReplyDeleteWhen the collapse finally comes Im going to lug a weelbarror full of acorns out onto the lawn and let the squirells have a field day. Then I'm going to turn my sprinklers on and them on indefinitely. Ah, liberated suburbia at last.
ReplyDeleteThis country is finished; the banks are paying less than 1.5% on cd's and savings; people aren't going to spend except on the necessities. Spring spending will be down just like holiday shopping was..there is no recovery.
ReplyDeleteHi My name is America and I'm an alchoholic.
ReplyDeleteEvery once in a wile, we read about some dumb ass who killed himself when he cut a power line he thought was dead. Well the line was not dead and the dumb ass is. Many people steal copper and sell it to the recycling center. I just did a search and see it's about $3.00 per pound.
ReplyDeleteI guess that explains why soon after a building is vacated, all the copper wire is stripped out of it. Naturally that renders the building useless, without a costly re-wire, so the owners says F-it and it sits there for years, slowing turning into a crack house / homeless shelter.
In order to understand the irony of 8:44am's post, one must picture a homeless crack addict posting from inside a building newly stripped of wire about how F*'ed up it is that people are stripping all the wire from the buildings he wanted to strip the wire from. He figures at $3/pound (he just looked it up) he's out many thousands of dollars in just the past week.
ReplyDeleteOn the bright side, he's fairly confident his digs will remain secure for use as a crack house/homeless shelter for years to come.
He justifies his actions simply "Many people steal copper and sell it.."
11:58 I think you are the crack head you are talking about in your odd diatribe.
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