I have a few international friends who think so. Please read on.
please check out this news before it’s news here. I would be doing some old fashioned thinking about my assets given this latest tip f the iceberg BBC video.
You will not see this here in the USA, only the Brits and the Canucks have the guts to talk about this.
show details 9:21 AM (2 hours ago)
I ran across this information this morning that I thought may be of serious consideration.
Go to:
http://www.realecontv.com/videos/capital-market-collapse/a-trader-tells-it-like-it-is.html
Recorded September 26, 2011 – Alessio Rastani
Good advice.
The same advice we’ve been giving for many, many years now first through Brasscheck TV and now through Real Econ TV.
Job #1: Get out of the casino (stocks, commodities, high yield bonds (i.e. junk))
Job #2: Protect what you have: Short term US Treasuries and cash – yes cash
Job #3: Learn how to sell short (not something you can do overnight) and be prepared – eventually – to scoop up once in a century bargains.
Read: “Conquer the Crash” by Robert Prechter.
There isn’t much time left. I don’t know when the last shoe will drop, but we are definitely in the Fourth Quarter of the game.
for what it is worth, the news before it’s news, right here.
Money markets are going back to the times of the 30’s.
Angelica