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Global CRASH -this September Take your money and run or what ???

DrVodka
Aug 30 2015 at 21:57
297 posts
rob559 posted:
NO BUBLE NO CRASH

the only buble is in china ,the only danger looming upon us


Only ?? Only China ? Hmm .Chinese economy if remember it correct is the second biggest after US . If they go down we all go down with them .

According to the IMM data for the week ended August 25, non-commercial longs cut USD longs by $9.2bn, bringing net longs to $31.7bn. By Friday’s close, longs had fallen further to $29.9bn.'
GBP positioning flipped to net long after $0.7bn of buying through Tuesday. This is the first time GBP has been net long since September 2014. AUD and MXN shorts were added to, bringing positioning to -$4.6bn and -$2.4bn, respectively.' EUR and JPY shorts were cut by $3.4bn and $5.0bn on the week ended Tuesday. By Friday’s close, there were a further $0.7bn and $2.0bn of cuts, respectively, bringing estimated positioning for EUR to -$9.4bn and for JPY to -$4.1bn. This is the least net short EUR has been since June 2014.'

I'm going Dollar short

theHand
Aug 30 2015 at 22:08
365 posts
Couple of European countries might disagree as well....



RedRhinoLab
Aug 31 2015 at 07:31
631 posts
theHand posted:

All we need now is a trigger event. If one of the top 5 banks go, they'll all go. 2008 was 1 bank. Imagine they all fail at once.
.
Not even close to 1 bank. The list of bankrupted banks takes a few scrolls of the mouse.

https://en.wikipedia.org/wiki/List_of_banks_acquired_or_bankrupted_during_the_Great_Recession

History always repeats itself and one mans lose is another mans gain. These events create the perfect opportunity for conglomerates to become stronger and/or new creation of them.

What we've seen this month is just a simple flash back of how quickly the tickers turn red, panic spreads, and wealth is shifted to another.

We can see a 25% appreciation/depreciation in FX currencies in the next 4-5 months, 100% in Commodities in the next 1-2 years, and stock markets moving 2-5% daily.

theHand
Aug 31 2015 at 10:51
365 posts
I agree to a point. In normal circumstances I'd say the same thing. But don't forget the Great Depression was followed by a world war. And our next world war is our last. No one will gain from it. I don't know how leveraged those banks were in 1929, but I do know right now if one of the big banks go they all go, ATM stops working. Some of them have OTC exposure which is more than the GDP of some countries.

It's also hard to ignore commentators like Dr. Paul Craig Roberts: https://www.paulcraigroberts.org

He can say it much better than I can.

This time is really different. We have this perfect storm of political and economical instability that's brewing. US is trying to assert itself while it's failing, Russia and China are having none of it. As a direct result of US foreign policy there is now a second financial system which most of NATO signed on for. Russia and China now decides who gets sanctioned. Not the US. So the group of people that owns the banks, media and military industrial complex is about to lose at least one leg of their empire. The only way to protect it is to use the other two to try start a conflict.

Switch on your tv, see the European migrant crises ? US foreign policy at work. Ukraine ? US foreign policy. Europe is paying the price for US foreign policy again and again and again. And they are getting very tired of it. Ukraine cost the German economy over $4 billion so far! Heaven alone knows what the migrants are going to cost in the end. That is why most of NATO signed on for CIPS. I would not be surprised to see NATO break up and that is very much against US interest.

If NATO is at war then obviously half of Europe and the rest of the world can't storm over to Russia and China to do banking. The BRICS are already going to use that system by default which means 40% to 50% of the worlds transactions leaving the current financial system. It's a major fundamental shift of the balance of power in the world. If NATO countries use CIPS it be almost 80% of global transactions going to the east. It will cause massive disruptions in the western financial systems.

There's this huge financial incentive for the US to start WW III here. They can only benefit at this point, nothing else to lose.

This is a truly a dangerous time for humanity.

theHand
Aug 31 2015 at 12:12
365 posts
I shouldn't say US. I should really say the small group of elitists that owns the US.

Most Americans I know are really nice people. But there's clearly a problem in Washington.

I think Dr. Craig Roberts can elaborate on that much better than I possibly could. I suggest reading a few of his blog posts.

DrVodka
Aug 31 2015 at 13:13
297 posts
come down people financial ARMAGEDDON is not quiet here yet .😀😀😀😀 let take a big breath and Chill for a moment . Us interest rates should be the tipping point ,if they ever do it > Until then just chill out and watch the market roll

theHand
Aug 31 2015 at 14:15
365 posts
It's almost. I'm just spreading the word so people understand. There's nothing normal about what's happening in the world at this point. We're living through history here....

I don't even know if there will be a single big event. I hope not.

FXtrader2010
Aug 31 2015 at 20:41
724 posts
Yes I am pulling out of my big investments as we speak. Just cant think logically why I should be invested in such a system that is right now. Will be interesting to see how the FX markets react.

Alex
Look009
Sep 01 2015 at 06:25
224 posts
FXtrader2010 posted:
Yes I am pulling out of my big investments as we speak. Just cant think logically why I should be invested in such a system that is right now. Will be interesting to see how the FX markets react.


The Fx market is the more violent one, it will react accordingly...

AliKhan1 (AliKhan1)
Sep 01 2015 at 06:29
124 posts
DrVodka posted:
come down people financial ARMAGEDDON is not quiet here yet .😀😀😀😀 let take a big breath and Chill for a moment . Us interest rates should be the tipping point ,if they ever do it > Until then just chill out and watch the market roll


rates are bound to go up, either in sep or next year, But markets are in bad shape for the time being...

To achieve 3-5% portfolio growth a month
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