Governments don't run the world, Goldman Sachs runs the world. "In less than 12 months," the trader said, "the saving of millions of people is going to vanish. And this is just the beginning." You better read this...
September 30, 2011 - An independent market trader made world news headlines earlier this week by telling the BBC that
the euro rescue plan will fail and, as a result,
markets will crash (
video below). He warned people to "get prepared" to survive the next depression.
Alessio Rastani was interviewed on the BBC on September 26, and what he said stunned those in the studio. Although Rastani's predictions are full of doom and gloom, some of his words are actually encouraging even for little guys like you and me.
"I'm very confident that this particular rescue plan - it doesn't matter how much money they want to put in - it's not gonna work," Rastani said.
"This problem cannot be solved," he said. "I'm fairly confident the euro is gonna crash, and it's gonna fall pretty hard because markets are ruled right now by fear. Investors and the big money, the smart money, I'm talking about the big funds, the hedge funds, the institutions, they don't buy this rescue plan. They basically, uhm, they know the market is toast. They know the stock market is finished."
That's all pretty ominous, and very bad news for Europe if Rastani is correct. Not everyone will inevitably suffer, however, as he went on to say.
"The euro, as far as they're concerned, they don't really care," Rastani said of the "smart money" and institutions. "They're moving their money away to safer assets, like treasury bonds, 30-year bonds,
and the U.S. dollar. So, it's not gonna work."
There, did you catch that? Rastani listed "safer assets" that could provide shelter, if you will, for some of us in the coming economic typhoon. There's even more hope, as you will see in a moment.
When asked by the news anchor what could raise investor confidence and possibly avoid the financial meltdown that Rastani predicts, he shook his head and raised an eyebrow. He then provided a shocking answer to the anchor's naive question.
"That's a tough one. Uhm, personally, it doesn't matter. See, I'm a trader. I don't really care about that kind of stuff. If I see an opportunity to make money I go with that. So, for most traders it's not about, we don't really care that much how they're gonna fix the economy, how they're gonna fix the whole situation. Our job is to make money from it. And, personally, I've dreaming of this moment for three years."
In other words, Rastani and other traders are not afraid of the coming economic tsunami. They will profit from it, just as many profited in the Great Depression of the 1930's.
Does that make Rastani and his fellow traders evil? Well, no, it does not. Remember that Rastani did not cause Greece to spend itself into bankruptcy, nor are he and his trader colleagues reponsible for decades of the socialist programs that have put so much of the rest of Europe into the financial dumpster. Rastani and his friends, as traders, respond to the buffoonery of nations and corporations. Vultures have an unfairly bad reputation, but it should be remember that they do not kill anything. They merely swoop in to wait and watch the dying gazelle, then take advantage of the fact that it died without their intervention. Traders don't kill. They scavenge, and like the vulture, that means cleaning up messes that most others don't want any part of.
"I have a confession," he went on to say, "which is, I go to bed every night, I dream of another recession. I dream of another moment like this. Why? Because people don't seem to really remember, but, the depression in the Thirties wasn't just about a market crash. There were some people who were prepared to make money from that crash, and I think anybody can do that. "
That bears repeating, because Rastani indicates that ordinary people can survive the predicted Great Depression Two.
"The depression in the Thirties wasn't just about a market crash. There were some people who were prepared to make money from that crash, and I think anybody can do that."
Yes, you and me! "It isn't just for some people and the elite," Rastani said, "Anybody can actually make money. It's an opportunity. When the euro and the big stock markets crash, if you know what to do, if you have the right plan to set up, you can make a lot of money from this." Sounds good, right? While your employer crashes, you could right the wave and end up on top, right?
"For example," Rastani explained, "hedging strategies is one. Investing in treasury bonds, that sort of stuff." This is not complicated stuff, assuming you still have any cash left to invest. Rastani urges those of us who are able to invest to do it now, without delay.
"This economic crisis is like a cancer," Rastani told the nervous news anchor in studio. "If you just wait and wait, thinking this is going to go away, just like a cancer it's gonna grow and it will be too late. What I would say to everybody is, get prepared."
He cautioned that it is useless to hope that governments will "sort things out." His reason for saying that:
"Government don't rule the world, Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package."
People need to learn how to "make money from a downward market," Rastani said. The first thing you should do, he said, is protect your assets (assuming you still have any).
"Because in less than 12 months," he said, "the saving of millions of people is going to vanish. And this is just the beginning."
Excuse me. I'm off to buy some ammo and freeze dried food.
RELATED:
Newsmaker: Alessio Rastani - Sydney Morning Herald
Governments don't run the world, Goldman Sachs runs the world. "In less than 12 months," the trader said, "the saving of millions of people is going to vanish. And this is just the beginning." You better read this...
September 30, 2011 - An independent market trader made world news headlines earlier this week by telling the BBC that the euro rescue plan will fail and, as a result, markets will crash (video below). He warned people to "get prepared" to survive the next depression. Alessio Rastani was interviewed on the BBC on September 26, and what he said stunned those in the studio. Although Rastani's predictions are full of doom and gloom, some of his words are actually encouraging even for little guys like you and me.
"I'm very confident that this particular rescue plan - it doesn't matter how much money they want to put in - it's not gonna work," Rastani said.
"This problem cannot be solved," he said. "I'm fairly confident the euro is gonna crash, and it's gonna fall pretty hard because markets are ruled right now by fear. Investors and the big money, the smart money, I'm talking about the big funds, the hedge funds, the institutions, they don't buy this rescue plan. They basically, uhm, they know the market is toast. They know the stock market is finished."
That's all pretty ominous, and very bad news for Europe if Rastani is correct. Not everyone will inevitably suffer, however, as he went on to say.
"The euro, as far as they're concerned, they don't really care," Rastani said of the "smart money" and institutions. "They're moving their money away to safer assets, like treasury bonds, 30-year bonds, and the U.S. dollar. So, it's not gonna work."
There, did you catch that? Rastani listed "safer assets" that could provide shelter, if you will, for some of us in the coming economic typhoon. There's even more hope, as you will see in a moment.
When asked by the news anchor what could raise investor confidence and possibly avoid the financial meltdown that Rastani predicts, he shook his head and raised an eyebrow. He then provided a shocking answer to the anchor's naive question.
"That's a tough one. Uhm, personally, it doesn't matter. See, I'm a trader. I don't really care about that kind of stuff. If I see an opportunity to make money I go with that. So, for most traders it's not about, we don't really care that much how they're gonna fix the economy, how they're gonna fix the whole situation. Our job is to make money from it. And, personally, I've dreaming of this moment for three years."
In other words, Rastani and other traders are not afraid of the coming economic tsunami. They will profit from it, just as many profited in the Great Depression of the 1930's.
Does that make Rastani and his fellow traders evil? Well, no, it does not. Remember that Rastani did not cause Greece to spend itself into bankruptcy, nor are he and his trader colleagues reponsible for decades of the socialist programs that have put so much of the rest of Europe into the financial dumpster. Rastani and his friends, as traders, respond to the buffoonery of nations and corporations. Vultures have an unfairly bad reputation, but it should be remember that they do not kill anything. They merely swoop in to wait and watch the dying gazelle, then take advantage of the fact that it died without their intervention. Traders don't kill. They scavenge, and like the vulture, that means cleaning up messes that most others don't want any part of.
"I have a confession," he went on to say, "which is, I go to bed every night, I dream of another recession. I dream of another moment like this. Why? Because people don't seem to really remember, but, the depression in the Thirties wasn't just about a market crash. There were some people who were prepared to make money from that crash, and I think anybody can do that. "
That bears repeating, because Rastani indicates that ordinary people can survive the predicted Great Depression Two. "The depression in the Thirties wasn't just about a market crash. There were some people who were prepared to make money from that crash, and I think anybody can do that."
Yes, you and me! "It isn't just for some people and the elite," Rastani said, "Anybody can actually make money. It's an opportunity. When the euro and the big stock markets crash, if you know what to do, if you have the right plan to set up, you can make a lot of money from this." Sounds good, right? While your employer crashes, you could right the wave and end up on top, right?
"For example," Rastani explained, "hedging strategies is one. Investing in treasury bonds, that sort of stuff." This is not complicated stuff, assuming you still have any cash left to invest. Rastani urges those of us who are able to invest to do it now, without delay.
"This economic crisis is like a cancer," Rastani told the nervous news anchor in studio. "If you just wait and wait, thinking this is going to go away, just like a cancer it's gonna grow and it will be too late. What I would say to everybody is, get prepared."
He cautioned that it is useless to hope that governments will "sort things out." His reason for saying that: "Government don't rule the world, Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package."
People need to learn how to "make money from a downward market," Rastani said. The first thing you should do, he said, is protect your assets (assuming you still have any). "Because in less than 12 months," he said, "the saving of millions of people is going to vanish. And this is just the beginning."
Excuse me. I'm off to buy some ammo and freeze dried food.
RELATED:
Newsmaker: Alessio Rastani - Sydney Morning Herald
