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Are We Witnessing the Start of Another Crash? (Original Post) yuiyoshida Jan 2016 OP
Of course we are. The Fed rate hike was bound to bring it on. CJCRANE Jan 2016 #1
No. Wellstone ruled Jan 2016 #2
Come on the guy is on Russian TV and his sponsor is f---g gold. The market is barely doc03 Jan 2016 #3
Well, good for you, you took a gamble and won elmac Jan 2016 #4
 

Wellstone ruled

(34,661 posts)
2. No.
Fri Jan 8, 2016, 05:29 PM
Jan 2016

We all are going to take a hit until the 1%ers complete their rotation out of Commodities and use the Values of our 401's and IRA's through short selling to steal our Equities. BTW,the High Yield market is in full crash,and noticed there was some proposal in the House of Representatives to bail out this debt by using the Feds to buy up these worthless bonds as a payback for funding their reelections. China will be a problem until they stop messing with their currency and they are a managed Economy with the Red Army running the show.

doc03

(35,365 posts)
3. Come on the guy is on Russian TV and his sponsor is f---g gold. The market is barely
Fri Jan 8, 2016, 06:36 PM
Jan 2016

10% off its all time high. I retired back in the crash of 2009 if I would have listened to these people
my IRA wouldn't be half of what it is today.

 

elmac

(4,642 posts)
4. Well, good for you, you took a gamble and won
Fri Jan 8, 2016, 10:23 PM
Jan 2016

it could of easily have went the other way and you could be eating out of a dumpster now.
Thom doesn't give investment advise and has had advisers on since 2009 that have suggested buying stocks. He admits he is no market timer and as far as I know is only invested in boring T-Bills now. Haven't heard him pushing gold for a few years but Gold is up over 300% since 2000, the stock market, not so much.
As far as RT goes, giving someone airtime who doesn't kiss corporate ass & thinks outside the corporate run network canned so called news is ok in my book, I would trust news from Russia over koch brothers any day or night.

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