Could I Make Money Off The Impending Government Shutdown?........

[global1]

I was thinking this morining about this.

There have got to be money people out there that know how to benefit from a government shutdown. I was wondering what the strategies might be in order to benefit financially from this shutdown. Does anyone know?

I have some money in IRA's and very few stocks. Do I take it out and turn it all into cash and pull out of the markets? If I do - is there anything that I could do with that cash in order to make it multiply? Just wondering? Or do I just turn everything into cash - wait for the market to go down - and then buy things back when their at their lows?

Also - what if the Repugs are pulling this strategy to say that they will shut down the government but at the 11th hour they pull a fast one and don't go through with it? If they know that this is what they are going to do - are they putting their money into something that will make them money when they reverse their decision to shut down the government?

I know that that is probably a 'tin-foil' hat thought - but - are they manipulating the system - to benefit themselves in some way?

Could this be a money making ploy for them and their 1%'er friends?

[Duer 157099]

1. This is not tinfoil hat territory

Those are real questions about real events. I don't know the answers or even the possibilities, but I'm certain others do or will guess.

[Katashi_itto]

2. Consider "Shorting" stock betting that stocks will fall. Which compaines would be hard hit?

[LeftofObama]

3. Definitely not tin foil hat territory.

I would be willing to bet that right this second there are congress people who have their money handlers on speed dial just in case.

[Lancero]

4. Odd's are...

That the impending gov shutdown will cause bitcoins to jump.

Other then that, not sure how to make money off of this.

[haele]

5. Well, it is partially a money-making ploy; tanking the economy and scooping up the spoils.

Disaster Capitalism at it's best. But if you don't have a significant amount you're willing to sacrifice - like a couple million to hedge your gamble with, don't even really try to play the market; the wealthy "investors" and their investment tools are already ahead of you and the orders are already in place, so that the only "deals" you might be able to react to would actually lose you money.
In 2009, more than one starry-eyed wanna-be capitalist lost money on playing a falling market without the resources to buy big enough to survive the losses the market was experiancing.

But this situation is also a last-ditch action for Randian politics, a true-believer tactic to "rid the country of moochers".

These are people who have no experiance in problem-solving or compromise, people who only hang out with people who agree with them, who have isolated themselves and have been re-enforced in thinking their way is the only way, because that's how they've made their money and their prosperity. You know, the ones who "built their own wealth" off government subsidies or beneficial policies.

The Constitution, like their Bible, is just another bunch of papers they never really read, just like the Flag is a piece of cloth they can waive around like a bloody shirt.

Seriously, If it all blows up and the true-believers manage to drag us down into a third-world feudal debtor state, cashing out months ago would have been the only thing to help.
But if you're that negative about the future, the time to act would have been back in the beginning of the year, when all your debts should have been paid off and you should have been investing in tools and other items that would allow you to make it through the hard times with a home garden and as a craftsman or repairman that barters for subsistence.

Just my two cents.
At the beginning of the last crash, I converted a little of the stocks (enough for an additional month's rent and bills in case the worse happened) into cash, parked it at the credit union to wait the fun out, and kept the rest - especially the IRAs - right where they were. Luckily, I didn't lose too much, and was able to move that money back into a better place.

I'll do the same this time, but only if there's no resolution at the drop-dead date, and hopefully the adults take the keys of the government away from these crazies - which will probably happen within the first month of the economy starting to tank.

Haele

[lastlib]

6. When Bear Stearns collapsed in 2008......

...I saw bond-fund managers short-selling Treasury bonds like mad. Any time there is a "crisis" involving our government, that happens. It's probably going to be the case with the impending shutdown scenario. I don't know that it's a *ploy* per se, but the top dogs do manage to exploit it when it happens. They are probably already getting into position to do it as we speak. Watch T-bond prices and futures the next few weeks. Watch mutual funds/hedge funds that are heavily into those as well. Whether the average person could do it--well, it usually takes $$ to make $$. But if you've got an extra hundred-thou laying around not doing anything, maybe so.

[MyshkinCommaPrince]

7. I think...

I think the answer is yes. You can make money off of a government shutdown, but only if you already have money. Also, you'd probably want to have some kind of insider knowledge, and bet on the event both ways. I guess that's sort of what our culture is all about, nowadays.

This post was probably unnecessary. I should drink less coffee, maybe go out and take a walk or something. Umm.