BBC Speechless As Trader Warns of Stock Market Crash and Economic Collapse Is Coming

Stock-Markets / Financial Crash Sep 27, 2011 - 05:29 PM GMT

By: Videos

Best Financial Markets Analysis Article "know the stock market is finished. The euro, as far as they're concerned, they don't really care".

"For most traders, we don't really care that much how they're going to fix the economy, how they're going to fix the whole situation — our job is to make money from it," he said.

"Personally I've been dreaming of this moment for three years. I have a confession, which is I go to bed every night, I dream of another recession."

"The governments don't rule the world. Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package, neither does the big funds."

Comments

27 Sep 11, 19:14

PRICELESS

...whatched this Live!, ..BBC Anchors gathered their papers & were for a Few seconds Speechless i.e ...Did that just happen? > PRICELESS... That Guy still Alive or At least Cleaning Shoes Now?? ..Gotta give him that ..He's got Ball's for stepping to the Plate.... Money for Nothing?.

.... Maybe Invest in commodities Especially what every human needs Daily & When TSHTF? ..cos that euro/dolla Note, Just will not cover it??? Toilet Paper! ...Will Do Nicely

Paul_B
29 Sep 11, 07:37

Dollar a safe haven???

I have to agree with everything this guy says. Some people have tried to discredit him by saying he was just putting on an act to wind everyone up, but he appeared, to his credit, on CCN yesterday and refuted these accusations. He stated he stood by everything he says in the video. The only thing I would take issue with him on is the dollar being a safe haven. I don't want a single cent of my money being held in anything dollar-denominated, thank you very much. Sooner or later, all these people who rushed into Treasurys are going to realise the temporary and illusory nature of the protection the dollar provides and then there'll be a stampede out of it.

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.