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Old 09-06-2011, 10:27 AM
 
3,335 posts, read 2,772,579 times
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Goldman is finalizing its plan to control the world.
They act like a canary in a coal mine, while pumping in the poison.

It has issued a strategy to it's institutional investors on how to short the system into chaos. We are at the point of no return. Unless your an insider.

Think about your options, get educated on the ramifications.

PressTV - Goldman Sachs secretly believes economic collapse coming
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Old 09-06-2011, 11:39 AM
 
Location: Wherever women are
19,011 posts, read 27,582,938 times
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And this makes it sounds like they are working to collapse it. The letter only speaks about a strategy to make money, should the economy and the currencies collapse.

This is quite a dramatic article, but I'll take it with a pinch of salt. Some people get a rise out of armageddon scenarios all the time.
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Old 09-06-2011, 11:42 AM
 
Location: Wherever women are
19,011 posts, read 27,582,938 times
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Paulson made a billion bucks during the last crisis, by shorting the hell out of Lehmann, Fannie and Freddie. Perfectly legal. Nobody accuses him of "collapsing" the system. He saw the situation, he exploited it and walked off with a hefty sum. I actually think that's what we investors should do

Let's leave the other shenanigans to the innocent average Joe working his 40 hours and watching primetime tv. He's more passionate about Caylee Anthony than his retirement fund

And if we go one level up, we have Tightwad and his posse of doomer priests running riot. This article should work them up.
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Old 09-06-2011, 08:59 PM
 
3,335 posts, read 2,772,579 times
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Quote:
Originally Posted by Antlered Chamataka View Post
Paulson made a billion bucks during the last crisis, by shorting the hell out of Lehmann, Fannie and Freddie. Perfectly legal. Nobody accuses him of "collapsing" the system. He saw the situation, he exploited it and walked off with a hefty sum. I actually think that's what we investors should do

Let's leave the other shenanigans to the innocent average Joe working his 40 hours and watching primetime tv. He's more passionate about Caylee Anthony than his retirement fund

And if we go one level up, we have Tightwad and his posse of doomer priests running riot. This article should work them up.
Your points are well taken, but with so many day traders, i think it could be a self fulfilling prophecy.
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Old 09-07-2011, 05:10 AM
 
Location: Wherever women are
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Quote:
Originally Posted by modeerf View Post
Your points are well taken, but with so many day traders, i think it could be a self fulfilling prophecy.
It's business as usual in wall street. One of the prime reasons for any DOW down day is the short sellers cashing in on negative sentiment.
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Old 09-07-2011, 05:21 AM
 
Location: Londonderry, NH
41,479 posts, read 55,454,274 times
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So how does a working "stiff" manage to get some small return and not lose his investment to the sharks?
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Old 09-07-2011, 09:48 AM
 
Location: Parkridge, East Knoxville, TN
469 posts, read 1,071,093 times
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Stick with companies with steady, high cash flow, trusted brands, and high barriers to entry
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Old 09-08-2011, 01:58 AM
 
455 posts, read 1,175,566 times
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Originally Posted by calvinbama View Post
Stick with companies with steady, high cash flow, trusted brands, and high barriers to entry
but these days its difficult to even trust the, "trusted brands." Hewlett Packard dropped 50% in a month or two and that was a 50$ billion dollar company.
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Old 09-08-2011, 05:36 AM
 
Location: Wherever women are
19,011 posts, read 27,582,938 times
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Quote:
Originally Posted by a34dadsf View Post
but these days its difficult to even trust the, "trusted brands." Hewlett Packard dropped 50% in a month or two and that was a 50$ billion dollar company.
Yes. This is a trader's market, still. Longs will have to wait for 4 to 5 years I guess. But then, that's why they are longs
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Old 09-08-2011, 05:41 AM
 
3,457 posts, read 3,373,486 times
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Quote:
Originally Posted by Antlered Chamataka View Post
Paulson made a billion bucks during the last crisis, by shorting the hell out of Lehmann, Fannie and Freddie. Perfectly legal. Nobody accuses him of "collapsing" the system. He saw the situation, he exploited it and walked off with a hefty sum. I actually think that's what we investors should do

until they scream "WAaaaaah waaaah" to the government, and the government bans short selling and gives them a trillion dollars.
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