Confirmed this morning: 24th MARCH 2010 IS DOOMSDAY

reply to post by aristocrat2


I'm not being a smartass. Anyone IMO that can time markets like that should be literally in the pits.

What steps are you going to take to be profiting from this? At least opening a micro forex account with the last of your dollars and going long USD vs ALL CURRENCIES? You could grow your money 100x fold with 200:1 leverage.

You can expect a major bull for USD starting March 24 if this really is the case as you state it is?

Originally posted by helltick
while i have a full time good paying job and can pay my mortgage, bills, etc life is good for me.

But i can see the doom and gloom everywhere if you cant your blind or live with your parents.

Everything i have can be gone tomorrow, and i know this.

Everyone should be humble,frugal,and understand things could be very different tomorrow.

Give the op a break hes just giving us his opinion.

Thank you for your kind comment.

Originally posted by Argyll
GreenBicMan makes a good point.


I have about £40k invested in the market at the moment, and I am an amateur, where should I be looking to move to?.....and when?........and how much?


Thanks in advance

I bet you don't have 40k invested, seems you are just trolling

reply to post by Wide-Eyes


The equivalent of about $60,000 isn't anything amazing my friend. More than I have.. (obviously) Not anything really anyone has to lie about, we aren't pulling out and measuring here.

Originally posted by GreenBicMan
reply to post by aristocrat2

 

What steps are you going to take to be profiting from this? At least opening a micro forex account with the last of your dollars and going long USD vs ALL CURRENCIES? You could grow your money 100x fold with 200:1 leverage.

I never claimed to be a tax expert. UNfortunately, I do make mistakes. Rigging up my income to be almost nil was great for reducing my tax, I just wasn't expecting the bank to make proof of income fomr tax statement a requirement for a FOREX and/or OPTIONS account.

Even so, I consider the following....
- FDR seized gold so that;'s no good.
- If I am correct and Gordo does trigger the crash of western currencies then USD is not worth anything.

Celente is a staggeringly smart guy and I agree with him. Buy useful stuff, like land. So I buy land in Canada where I am. If it all goes wrong, then I can use it. If not, it should make cash and in the right currency as the Canadian Dollar will soar before the end of the month if Gordo does in the world economy.

But above all, seriously, I would recommend the bus ticket and emigration to Canada... whilst you still can.

You can expect a major bull for USD starting March 24 if this really is the case as you state it is?

No way. USD, Sterling, all cripple currencies.

reply to post by Wide-Eyes


I agree with BigGreen, $60'000 isn't enough to lie about...In my opinion at least.

Why not answer his question and help him along? Where should the average people put their money? I know you say gold and silver, but what else? I already live in Canada by the way

Originally posted by aristocrat2

Originally posted by romanmel

Originally posted by aristocrat2

Originally posted by romanmel

Originally posted by Argyll
reply to post by aristocrat2

 

Could you just point me to the source/quote where Alistair Darling confirms that March 24th 2010 is doomsday.....I don't mean the ones where he confirms that 24th March will be budget day ,I mean the ones where he says it will be doomsday
Thanks in advance.

He can't. He won't. He hasn't a clue. He's just worried that his paper money is going to be worthless...shhh! Don't tell him....it already is worthless.

[edit on 10-3-2010 by romanmel]

As my cash holdings stand at approximately $142, (just added it up) that is hardly a worry to me.

Wow, that company you said you own and the screenwriting gig must not be doing so well, huh? Might want to see if you could find a job as a professional date-setter, though.

Are you completely stupid? I don't hold cash for precisely the reasons that you gave, I invest it.

Right, in Canadian dirt...(tasty good) much good luck!

And, in answer to your rude question...no I am not stupid, so you still have a chance at the prize.

Originally posted by Wide-Eyes

Originally posted by Argyll
GreenBicMan makes a good point.


I have about £40k invested in the market at the moment, and I am an amateur, where should I be looking to move to?.....and when?........and how much?


Thanks in advance

I bet you don't have 40k invested, seems you are just trolling

Excuse me, but I do indeed have £40k invested, it was part of the proceeds of an inheritance if you must know!

You accuse me of trolling!....where did I troll? I asked a legitimate question!

What is your input to this thread?.........trolling maybe?

reply to post by aristocrat2


Oh brother, you are a terrible market timer then if in your head you don't think the USD would totally rally in the face of GBP downfall. You must be crazy, especially if our equity markets are to tank. Be serious Aristocrat have you ever traded before in your life? Don't make up stories to get your point across, no need to really, just state your opinion.

[edit on 10-3-2010 by GreenBicMan]

Originally posted by GreenBicMan
reply to post by Wide-Eyes

 

The equivalent of about $60,000 isn't anything amazing my friend. More than I have.. (obviously) Not anything really anyone has to lie about, we aren't pulling out and measuring here.

Maybe to someone earning 50k plus and experienced in the stock markets but a newbie? Sorry it doesn't ring true, then with his following post being an attack... Screaming Troll, just my honest opinion.

Originally posted by aristocrat2

As my cash holdings stand at approximately $142, (just added it up) that is hardly a worry to me.

It might seem as if you have gained in the recent stock market recovery, but have you really. Consider this...

ALthough the stocks have risen in value, the value of the currency, the British pound has gone down, so it would be a rough approximation to say that you are where you began. Compare what it would have been worth if you had simply bought a big pile of Canadian dollars and tucked them under the mattress. A few years ago, it was 2.25 or so. Now its about 1.5 - that's a ONE THIRD REDUCTION IN VALUE.

What makes Canada so great? For years they've been paying down their debt. If they had continued, by this time their debt would be down to well under 30%. A few GM plants have closed causing mild shedding of jobs and that's about it. Furthermore, even though offered, none of the banks needed the tiny bailout offered. Banking laws make them safe as houses and encourages healthy competition between them. My own even holds customer appreciation days when they give away biscuits and cakes - when did you last hear of the Nat West doing that?

Take my advice, go down to Canada House, ask for a Quebec Immigration form and come on over.

reply to post by Wide-Eyes


Are you kidding me?

You don't think people have IRA's or 401k's that are multiples of that amount?

What about accredited investors?

reply to post by aristocrat2


That may be true right now, but realistically where is the growth going to come from in Canada?

Would be quite hard to lure companies like Apple or Microsoft over the border to the north I am guessing?

Originally posted by GreenBicMan
reply to post by Wide-Eyes

 

You don't think people have IRA's or 401k's that are multiples of that amount?

You are seriously parochial and should explain yourself better.

To someone in England...

- IRA is a terrorist organisation that blows up Irish Policemen
- 401k is the weight of a small car.

Originally posted by GreenBicMan
reply to post by aristocrat2

 

That may be true right now, but realistically where is the growth going to come from in Canada?

Would be quite hard to lure companies like Apple or Microsoft over the border to the north I am guessing?

You're guessing.

reply to post by aristocrat2


Aristocrat come on dogg'

IRA


401k


[edit on 10-3-2010 by GreenBicMan]

Originally posted by GreenBicMan
reply to post by aristocrat2

 

That may be true right now, but realistically where is the growth going to come from in Canada?

Would be quite hard to lure companies like Apple or Microsoft over the border to the north I am guessing?

Yeah, but have you considered moose-bellies? Yum-yum!
The OP likes Canadian dirt to build welfare housing for all those who lost their GM jobs.

Originally posted by Wide-Eyes

Originally posted by GreenBicMan
reply to post by Wide-Eyes

 

The equivalent of about $60,000 isn't anything amazing my friend. More than I have.. (obviously) Not anything really anyone has to lie about, we aren't pulling out and measuring here.

Maybe to someone earning 50k plus and experienced in the stock markets but a newbie? Sorry it doesn't ring true, then with his following post being an attack... Screaming Troll, just my honest opinion.

Screaming Troll???

I don't happen to agree with the OP, so anything I post is a lie and i'm a troll??

reply to post by Wally898


thats easy, you invest in yourself.
Suppose i lived in the middle of nowhere what would i need to live and be independent??? get the needs first, then the wants ,then the extras.

Simples iiiiffffftttt.

Originally posted by aristocrat2
reply to post by OBE1

 

We are 14 or so days from 24th October 2010.

Count back 14 days prior to 19th October 1987 and you have 4th October 1987 when everyone was happy and jolly and the sun shone in the sky.

Hardly the case aristocrat2.

With all due respect , if you aren't old enough to remember Oct 1987...perhaps you should research before making such remarks.

In 1987 I was a 40yr old buy & hold market participant that managed to escape the Oct carnage. If need be , I can describe the Oct 1987 climate in vivid detail.

The Wall St. Banner for 1987 should read: Cocaine , Corruption & Overvaluation.

By Oct , investor confidence had been rocked by a rash SEC insider trading investigations resulting in numerous stiff prison sentences for high level Wall St. figures. Investment banks were laying-off large blocks of personnel. The DJIA was selling-off on heavy volume from the 2722 record high posted 6wks earlier (DJ didn't recapture 2722 until 1989) , and bond yields were approaching 10%.

By Oct 4, fear was palpable , and on Oct 19 the reaper delivered.