Royal Bank of Scotland: "sell everything"
01-13-2016, 05:52 AM
#11
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Posts: 8,350
Originally Posted by Al Czervik
"Sell everything" bad advice. Draw out two points in the market over time. It's been proven time and time again long term investment always beats the in and out of the market game.... ALWAYS
01-13-2016, 11:50 AM
#17
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Posts: 1,537
Originally Posted by bedrock
From the simple standpoint of economic theory, I would agree that everything is about to come tumbling down, but I thought that back in 2009.
This has created a giant, global credit bubble, and that bubble is now bursting. Worldwide. And all of the Central Banks are now powerless to stop it (see: collapsing commodity prices). What are they going to do? Print more money? Keep rates at zero? The Law of Diminishing Returns comes into play, as it is now doing.
The Emperor has no clothes, and the Fed is now powerless to keep the illusion going.
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01-13-2016, 11:57 AM
#18
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Position: CL65
Posts: 955
Originally Posted by SayAlt
Yep. But like you, no one foresaw the US Central Bank engaging in Quantitative Easing in order to prop up the markets and protect the bankers at the expense of savers and older folk stuck on fixed incomes.
This has created a giant, global credit bubble, and that bubble is now bursting. Worldwide. And all of the Central Banks are now powerless to stop it (see: collapsing commodity prices). What are they going to do? Print more money? Keep rates at zero? The Law of Diminishing Returns comes into play, as it is now doing.
The Emperor has no clothes, and the Fed is now powerless to keep the illusion going.
$SPX - SharpCharts Workbench - StockCharts.com
This has created a giant, global credit bubble, and that bubble is now bursting. Worldwide. And all of the Central Banks are now powerless to stop it (see: collapsing commodity prices). What are they going to do? Print more money? Keep rates at zero? The Law of Diminishing Returns comes into play, as it is now doing.
The Emperor has no clothes, and the Fed is now powerless to keep the illusion going.
$SPX - SharpCharts Workbench - StockCharts.com
01-13-2016, 12:21 PM
#20
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Joined APC: Dec 2014
Position: CL65
Posts: 955
Originally Posted by SayAlt
wow...education and current events much?
Most people fail to realize that it is just the media selling advertising and making 90% of it up. There is some truth, but the majority of it is nothing but hype.
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