You can make lots of money in a down market. The trick is to short things then go on TV and say everythings about to crash.
I bet you that is exactly what he did. As they say on Eve Online, Trust No One.
Topic: BBC Speechless As Trader Tells Truth: "The Collapse Is Coming" - page 2. (Read 3851 times)
September 26, 2011, 05:45:24 PM
I bet you that is exactly what he did. As they say on Eve Online, Trust No One.
September 26, 2011, 05:13:25 PM
The hosts, much less the BBC, didn't seem terribly gob-smacked or speechless at all. In fact, they even cracked a joke at the end of the segment. Interviewers in general are pretty good at swapping their facial expressions to how they should be feeling, it's their job to make the news seem interesting. The media has never been known for under-reporting doom and gloom. For future reference, here's what someone with years of experience in acting looks like when they're truly speechless:
http://www.youtube.com/watch?v=zIUzLpO1kxI&t=1m34s
"Goldman Sachs does not care about this rescue package" simply does not compare.
http://www.youtube.com/watch?v=zIUzLpO1kxI&t=1m34s
"Goldman Sachs does not care about this rescue package" simply does not compare.
September 26, 2011, 02:17:13 PM
You can make lots of money in a down market. The trick is to short things then go on TV and say everythings about to crash.
September 26, 2011, 02:16:58 PM
And his suggestion is to buy US gov't bonds???
September 26, 2011, 12:17:49 PM
While watching this, Bitcoin being a valuable and reliable commodity kept swirling around in my head
http://www.youtube.com/watch?v=aC19fEqR5bA&feature=player_embedded
http://www.youtube.com/watch?v=aC19fEqR5bA&feature=player_embedded
Quote
In an interview on BBC News this morning that left the hosts gob-smacked (google it... it is the BBC after all), Alessio Rastani outlines in a mere three-and-a-half-minutes what we all know and most ignore. While the whole interview is worth watching, the money shot for us was "This economic crisis is like a cancer, if you just wait and wait hoping it is going to go away, just like a cancer it is going to grow and it will be too late!". While he dreams of recessions, sees Goldman ruling the world, and urges people to prepare, it is hard to disagree with much (or actually anything) of what he says and obviously interventions and machinations means we will have days like this (in Silver for instance), there is only one endgame here and we hope there is less hopeful euphoria (and more preparedness) as we pull back the curtain further an further.
While we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC.
http://www.zerohedge.com/news/bbc-speechless-trader-tells-truth-collapse-comingand-goldman-rules-worldWhile we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC.
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