Royal Bank of Scotland: "sell everything"
02-11-2016, 09:33 AM
#193
Gets Weekends Off
Joined APC: Jul 2013
Posts: 10,066
Originally Posted by Xtreme87
http://www.forbes.com/sites/drewhansen/2016/02/09/unless-it-changes-capitalism-will-starve-humanity-by-2050/#3de7adda4a36
02-11-2016, 02:21 PM
#196
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Originally Posted by Twisted mind
SayAlt,
What are you investing in? Are you just holding U.S. Dollars?
What are you investing in? Are you just holding U.S. Dollars?
I am not an investor, TM. I am a trader who also happens to be a pilot.
Investors buy and hold, which is a very antiquated way of making $$ in the 21st century now that computers and the internet give everyone the power of information that Wall St. once had a monopoly over.
Trading isn't hard, it just take know-how and practice. Like flying, anyone can learn how to do it. Like flying, anyone can advance to a very sophisticated and professional level.
Lemme give you an example: Prior to 1995 or so, no individual outside of a trading floor could see a chart like this. Today, anyone has access to them. You just need to know how to use them properly, just like an approach plate. It's a great way to make money when you have a lot of down time to study and research, like pilots have.
Unfortunately, I cut off the time indicators at the bottom of this chart. It goes back to Feb 2013.
02-12-2016, 04:24 PM
#198
Gets Weekends Off
Joined APC: Jun 2007
Position: Captain Jack
Posts: 1,003
Originally Posted by SayAlt
That's just it, Breezy.
The US economy isn't a C-172 anymore. Thanks to an insane and politically-motivated Federal Reserve, it has been modified into any early model P-38 with it's throttles stuck wide open and has now entered mach tuck. I'm trying to tell you to bail out before the slipstream is so bad you can't.
This isn't like any other time in history.
The banks themselves are telling you to get out. Japan is so desperate it's gone to NEGATIVE interests rates. Venezuela is already in it's unrecoverable death dive. The Chinese economy is imploding. The Fed is CLUELESS and has left itself with no policy options to speak of.
You can say all you want to say, but you can't say you haven't been warned.
The US economy isn't a C-172 anymore. Thanks to an insane and politically-motivated Federal Reserve, it has been modified into any early model P-38 with it's throttles stuck wide open and has now entered mach tuck. I'm trying to tell you to bail out before the slipstream is so bad you can't.
This isn't like any other time in history.
The banks themselves are telling you to get out. Japan is so desperate it's gone to NEGATIVE interests rates. Venezuela is already in it's unrecoverable death dive. The Chinese economy is imploding. The Fed is CLUELESS and has left itself with no policy options to speak of.
You can say all you want to say, but you can't say you haven't been warned.
Crazy how you got internet down in that bunker. Probably got two years of rations,15 machine guns and enough ammo to supply a small army.
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