BBC Speechless As Trader Tells Truth: "The Collapse Is Coming...And Goldman Rules The World" - YouTube


Gent makes some good points imo

 

according to lots of people the world and everyone in it are completely fucked. blah

 

I'd rather have ammo than money if what he's saying is true.

 

Pretty much, that's the sentiment in the office. Sucks for people's 401k, can't really do anything about that unless you have the cash to hedge that (shorting the overall market). For investing, I like pairs trading since it's market neutral.

 

Being prepared in advance is about the only thing you can do with today's economy. The government doesn't control a damn thing dealing with the stock market; the market is HIGHLY manipulated by brokers, hedge fund managers, and individuals of that stature, as evident by huge spikes in the market value from one day to the next. I'm very young myself, but was smart enough to take an "economic downfall", and utilize the opportunity to buy Ford shares at a little over $2.00 a share and make a very good bit of money by selling what I had bought at $18.XX a share. I had money saved in advance for this purchase, and the fact that I prepared in advance for an opportunity as such, really seemed to benefit me in the long run. Besides "praying" for a recession as mentioned in the video, I couldn't agree more. It's going to happen again, so wasting time will turn to wasting money. And the fact that these BBC bums so often report bullshit concerning the stock market, is so damn evident, because when hit with the truth, they have no teleprompter to guide their comments. The fact that they were left speechless was hilarious.

 

The key is just to leave your stocks in good investments with a wide variety of stocks that way eventually your money will come back. Undoubtedly it will recover. It may take a while but it will rebound. Hopefully.

 

Well that sucks.

 

As long as it holds out til this time next year I'll be just fine

 

Was the BBC victim of a hoax? No, say the Yes Men | The Cutline - Yahoo! News

Seems as though the man interviewed MIGHT have been a fake. Figures.I could never imagine even the BBC having someone so honest and straighforward on air for the public to see, so I wouldn't be surprised if the interview wasn't legit. The man spoke too much truth.

 

Hoax, did some due diligence: BBC financial expert Alessio Rastani: 'I'm an attention seeker not a trader' - Telegraph

Still pretty accurate summation of the status quo, sadly enough.