Business

(Updated) Chilling Interview: Stock Trader Admits He ‘Dreams’ About Another Recession

Alessio Rastani is a trader.* And he has a confession: “I got to bed every night, I dream of another recession. I dream of another moment like this.”

Well that’s odd, strange, and scary all wrapped into one. So why is he dreaming of stock slides instead of sugar plum fairies?

“People don’t seem to remember, but the 30s depression … wasn’t just about a market crash,” he explained, “there were some people who were prepared to make money from that crash, and I think anybody can do that. … It’s an opportunity.”

In short, when others see danger, he sees dollar signs.

By the way, Rastani was talking about the European financial crisis. He added that he’s not confident it can be fixed or that some of the powerful money figures want it to be fixed: “the governments don’t rule the world… Goldman Sachs rules the world, and Goldman Sachs doesn’t care about this rescue package.” And he predicted that in a year “millions” would lose their savings.

His advice might sound familiar: “Get prepared.”

You can watch the climax of the interview below courtesy of Business Insider — an interview that also includes the BBC interviewer uttering complete shock at what Rastani says:

*UPDATE:

Rumors have started circulating that the interview could be a hoax and that Rastani is part of a group called Yes Men. Forbes reached out to Rastani to get to the bottom of it. The conclusion? He certainly sounds real, but he also seemed to dodge some of the questions. Here’s a taste from Forbes:

But then talk circulated that Rastani might be a member of Yes Men, a collective of impersonators. Was his little talk a hoax? When I reached Rastani in London to ask, he spouted some vague wisdom, mentioned his “trader friends,” and insisted that trading is his obsession. He started off the conversation:

AR: I had something to tell you guys. The guy who wrote [on Forbes] mistakenly wrote that I’m a Wall Street trader. I’m not an institutional trader. I wouldn’t dream of ever doing that. I trade my own money, my own account. That’s what I always wanted to do. I like the idea of not having a boss. I did work for one institution, but I realized I want to do it for myself. I just started, and I worked with some of the best traders in the world. I saw how they were doing things. Eventually I developed my own style.

[...]

FORBES: What do you think of the attention you’ve received since going on TV?AR: I think it’s overblown. I have no idea why I’m getting this attention. I don’t think it was news. For someone to say what I said, I thought everybody already knew this kind of stuff. The big players of funds rule the world, I don’t think that was news. And what I said about making money from a crash, obviously not everybody knows about that, you can make money from a downward market. A lot of people just got the wrong end of the foot, misunderstood what I was saying. They thought I was joyful or licking my lips about the idea of making money from people’s miseries. That’s probably the way it looked on the video. But if they watch the whole video, what I was really trying to say is people need to educate themselves about how to do that… what I was trying to say was, look, everyone should basically prepare. I was trying to be the good guy. If this market’s going to crash, then you’ve got to prepare yourself. You’ve got to basically learn how to make money from this. Otherwise you’ll be like I did 10 years ago … I made some huge mistakes 10 years ago, during the dotcom crash. I realized it was a falling knife. I was trying to say look guys, it’s not just for traders, it’s for everyone. They should ask me how to do it, I will help you.

Mediaite also drudged up a video of someone who resembles Rastani duping a news network into thinking he was a representative of Dow Chemical:

And this morning, one of the BBC anchors involved in the interview was wondering if he got duped, too:

Trader Alessio Rastani Admits He Dreams About Antoher RecessionBut later, he said Rastani seems legitimate:

Trader Alessio Rastani Admits He Dreams About Antoher Recession

Additionally, Mediaite reports YesLabs.org has released a statement saying that Rastani is not one of them:

We’ve never heard of Rastani. He isn’t a Yes Man. He’s a real trader who is, for one reason or another, being more honest than usual. Who in big banking doesn’t bet against the interests of the poor and find themselves massively recompensed—if not by the market, then by humongous taxpayer bailouts? Rastani’s approach has been completely mainstream for several years now; we must thank him for putting a human face on it yesterday.

Comments (112)

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  • WolfpackPatriot
    Posted on September 27, 2011 at 10:12am

    It sounds very scary what this trader is saying but I I understand it. He probably could have chosen his words a little more carefully to not come off like he did. Traders live by the caveat, “trade with the trend” and “the trend is your friend”. He is simply saying that he dreams of a dominant trend to emerge which will present the opportunity to sell short go go long with puts. Albeit, a flash crash is scary and people will lose savings but only if they are uneducated, which I think he was also trying to convey. A nest egg is the most valuable asset for almost everyone, so why would you not spend some time to educate yourself to learn how to protect it in a bearish market? Like it or not, everyone with a 401-k was forced to be an investor. People can let the winds of the market crash them into the rocks, or they can sail comfortably and prepare themselves through education.

    Report Post »  
    • cessna152
      Posted on September 27, 2011 at 10:52am

      So what do you suggest? What should i do with my 401K? Stocks? Gold? Silver? Real estate?

      Do I by in “foods”?

      cessna152  
    • SgtB
      Posted on September 27, 2011 at 11:29am

      I can’t wait for another giant dip either. I’d fully fund my roth for the year and probably start doing some real investing. When the entire market dips 40%, you know it has to go up sometime. Especially when the real value of a stock is higher than its market price. The only trick is to buy low and sell higher than you bought it for. If you know what low is, you can make money. Since I’m young, a recession would be the best thing for my retirement investment going forward short of a surprise inheritance from a long lost relative.

      Report Post » SgtB  
    • OneFunR6
      Posted on September 27, 2011 at 12:47pm

      Yes, Cessna152, I DO suggest that you should CLOSE OUT your 401K, SELL ALL Stocks,
      BUY Gold AND Silver, AVOID Real estate, unless it is FARMLAND WITH A WATER SOURCE.

      [would you rather have 76% of your CURRENT 401K value NOW? OR,… 0.0% of it’s value LATER, after the markets crash, and/or after the FED Gov. TAKES it FROM you to pay IT’s debts, which the spend ON YOUR BEHALF. [this is what they will claim when they take it ALL, make no mistake.]

      Do I by in “foods”?

      YES! One YEARS worth, at least.
      ALL of the DEBT MUST be “repaid”, AND IT WILL BE!
      First by “printing” – “money” OUT OF THIN AIR…, aka FRAUD!
      Prices of necessities will rise, FAST, prices on ‘luxuries’ will drop,
      Markets WILL crash. Gold AND Silver will explode in ‘price’ as EVERYONE will want to ‘SELL’ their ‘paper’ moneys/assets FOR GOLD/SILVER, AT ANY PRICE.

      WHEN the markets crash, debt will still remain, IT MUST E PAID, IT WILL BE PAID,…
      By FALLING ASSET PRICES! Ie paper money, stocks, yes, even real estate.
      BUY Gold AND Silver!

      Think of it this way,…

      What is the difference between a one dollar bill and a one hundred dollar bill?
      TWO ZEROS. ZERO + ZERO = ? ZERO! Aka NOTHING.
      NO DIFFERENCE. A FAKE, and a FRAUD.
      Not ‘earned, but only ‘printed’.

      What is the difference between one ounce of GOLD and one hundred ounces of GOLD?
      NINTY NINE OUNCES OF GOLD.

      “Money IS GOLD, and nothing ELSE.”
      ~ J. P. Morgan

      Report Post » OneFunR6  
    • Milkman
      Posted on September 27, 2011 at 1:19pm

      As one involved in agricultural commodities and trading…this reminds me of ‘Boy Plunger’ AKA: Jesse Livermore who made about 100 million dollare during the weeks leading to and on the day of Black Monday, back in Oct of 1929….thats when a hundred million was ‘real change’!! And what about ‘Ol man Kennedy who profitted handsomely from the crash…….this ‘guido’ is a trader…just an individual who wants to buy widgets at 4 and sell them at 8….he cares not if he’s trading butterfly wings and dog poop….he just wants to make a profit……God Bless him!

      Free Markets For Free Men…..

      Report Post » Milkman  
    • OneFunR6
      Posted on September 27, 2011 at 1:26pm

      “Free Markets For Free Men…..”

      Damn, that’s good………

      and from the Milkman, no less…..

      no Phd required for COMMON SENSE.

      Report Post » OneFunR6  
    • DislikesHussein
      Posted on September 27, 2011 at 6:27pm

      Cessna152, learn how to do Technical Analysis with stock charts and you will answer every question you have. Fundamental Analysis does not work in a Bear Market.

      A great place to learn about all of this is http://www.tradesmartu.com and take their Fundamentals of Stocks class. You will change your life.

      Good luck learning a real education. (Give it six months and let us know how you are doing.)

      Report Post »  
    • The-Monk
      Posted on September 27, 2011 at 9:24pm

      To all above
      This guy is NOT talking about buying low and selling high. He is talking about short selling. It’s the fastest way to make money IF you already have money. If you know that the market is going to tank/crash/fall you “borrow” stocks using an escrow account as collateral and their $ worth is put in an account for you and you have a time limit to return the stocks (sometimes 30 or 60 days). So the stock value drops, you purchase the amount of stocks you borrowed, at their lower value, return them and keep the difference. Example; You borrow 1000 shares of ABC stock worth $10 per share. That’s $10,000 that is put into an account for you. If the stock drops 50% (just as an example) the new value is $5 per share. You buy 1000 shares of ABC for $5000, return them and keep the diference of $5000. This just happened in July to August by an unknown hedge fund person (Soros most think).
      Here’s a link to that short sell.
      http://www.theblaze.com/stories/so-who-made-nearly-a-billion-dollars-betting-on-americas-debt-downgrade/
      (and a later link)
      http://www.theblaze.com/stories/if-soros-is-the-one-who-bet-on-us-downgrade-then-here-is-how-he-did-it/

      Report Post » The-Monk  
    • The-Monk
      Posted on September 27, 2011 at 9:39pm

      PS; If you hear your broker say “cost average down” on a certain stock, short sell it. Also, whose stocks are being used for short selling? Yours.
      The reason for the Dot Com crash was a law Clinton signed in Jan 2000. “The Commodities Modification Act of 2000”. Look it up. It screwed up the law put in place, after the 1929 crash, in 1937 to keep people from betting on which way the stock market was headed.

      Report Post » The-Monk  
    • davuf
      Posted on September 27, 2011 at 11:52pm

      The people talking about real estate are over blowing it. A farm with water is great if you are planning for zombie apocalypse; dicey if we are just in a recession. Having rental properties can always help because you can adjust the rental rate to the changing market conditions and your loan will become ridiculous as inflation hits. Gold and precious metals seems sound. Collection agencies are good to invest in maybe oil companies. Be wary of the people the government may target in the event of a disaster. Gold may be seized and food prices may be fixed forcing you to lose money on your investment or sell your food on a black market. International investments might also be a hedge if their economy is more self sufficient. Also remember that you can short the stock market and make money directly off of a crash if you do it right. It’s how Soros made money off of currency crashes.

      Be glad you have options. I am just a student right now and may have to rely on soup kitchens in the future. At very least my student debt might be hyper inflated away.

      Report Post »  
    • chevy65
      Posted on September 28, 2011 at 5:01am

      I suggest shorting some stocks. Also buy gold or gold ETF’s . they do become impossible to sell after a huge run up, so don’t hold them forever, eventually people you won’t have a buyer for it, [ maybe when it hits 4 or 5 thousand] so you need to sell early enough, before a mass exit. Food is going to increase like crazy. So, if possible maybe buy a small chunk of land so you can grow food. I think the American buck will not hold up as the fed keep printing it. I would possible buy energy shares. Oil will skyrocket. Good luck to you

      Report Post »  
    • AZindependent
      Posted on September 28, 2011 at 8:14am

      The Greatest Depression is just getting started (and some silver and food are not bad ideas) here is a link to a recent Doug Casey article “How to prepare for When Money Dies”. Read it and learn (btw this trader is right).
      http://www.zerohedge.com/news/doug-casey-how-prepare-when-money-dies

      Report Post »  
    • JMorcan
      Posted on September 28, 2011 at 1:03pm

      “What should i do with my 401K? Stocks? Gold? Silver? Real estate?”

      Actual gold-in-hand (not paper certificates) might be useful, assuming you can pay an armed guard to protect it. Other than that, the only thing likely to be worth squat in 10-15 years is the Yuan.

      Report Post » JMorcan  
  • Believer33
    Posted on September 27, 2011 at 10:09am

    I completely agree with everyone talking about building up there food/water/emergency preparedness kits. To be honest even if the economy does not fall flat on it’s face. The realization is that we are in for some rough times. For all those people who are interested in emergency preparedness deals. I just bought a Wonder Junior Hand Mill for grinding wheat from http://www.arleneskitchen.com. The lady was awesome and this is by far the best mill I have ever owned. Also if you buy in bulk with friends she gives you a really good discount. Hope that information will help any preppers out there.

    Report Post »  
    • JMorcan
      Posted on September 28, 2011 at 1:08pm

      I have a mill I use to grind spam. Why don’t stop by for a demonstration?

      Report Post » JMorcan  
  • Detroit paperboy
    Posted on September 27, 2011 at 10:07am

    We will be fighting over food and water very soon , get ready for
    The ZOMBIE APOCOLYPSE……i am

    Report Post »  
  • JQCitizen
    Posted on September 27, 2011 at 10:06am

    And those who follow Obama blindly better realize: HE IS IN BED WITH THOSE GUYS UP TO HIS CHIN!!!! The only thing sticking out is one of his TWO FACES!!!

    And you can just imagine what economic mischief is going on under those sheets!!!

    Report Post »  
  • mcFirst
    Posted on September 27, 2011 at 9:54am

    Thomas Jefferson said in 1802:
    I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive
    the people of all property – until their children wake-up homeless on the continent their fathers conquered.

    Report Post » mcFirst  
    • Jaycen
      Posted on September 27, 2011 at 10:21am

      That’s interesting, but bears little relevance here. The problem currently is the FED, the IMF, and the ECB – all Central Banks. These aren’t private banks. The private banks are doing what all private banks would do in this situation. The Central Banks are cooking the books for everyone, and leading the charge to inflate our currencies.

      Report Post » Jaycen  
    • OneFunR6
      Posted on September 27, 2011 at 1:07pm

      The Federal Reserve is no more Federal than Federal Express is.

      IT IS A PRIVATE BANK OWNED BY OTHER PRIVATE BANKS.

      Do NOT be deceived by the dotGOV at the end of the URL………..

      It IS a LIE, it is NOT REALLY a dot GOV!

      http://www.federalreserve.gov/

      http://www.federalreserve.gov/pf/pf.htm

      Report Post » OneFunR6  
  • Everett Bennett Jr
    Posted on September 27, 2011 at 9:46am

    Say goodbye to your cash……time to get rid of the Federal Reserve!

    Report Post » Everett Bennett Jr  
    • OneFunR6
      Posted on September 27, 2011 at 1:09pm

      SPEND your “cash” NOW!

      [see posts above!]

      Report Post » OneFunR6  
  • mcFirst
    Posted on September 27, 2011 at 9:31am

    The Goldman Sachs line was awesome.

    They packed so much debt onto Greece thru Credit Default Swaps they should be arrested. They made billions each transaction. Now they are running for the hills and want nothing to do with Greece.

    Report Post » mcFirst  
    • yiska8
      Posted on September 27, 2011 at 12:15pm

      Goldman Sachs is looking more and more to like Enron. Anyone remember them? Only now the accounting rules are much stiffer and Sachs is propped up by the government. But so was Enron with subsidies. Where are the anti-trust people? SEC? FINRA?

      Report Post » yiska8  
    • OneFunR6
      Posted on September 27, 2011 at 1:12pm

      “Where are the anti-trust people? SEC? FINRA?”

      OUT TO LUNCH, on OUR DIME[s],……
      WITH their FORMER Goldman Sachs co-workers.

      “the governments don’t rule the world… Goldman Sachs rules the world, and Goldman Sachs doesn’t care….”

      Report Post » OneFunR6  
  • mcFirst
    Posted on September 27, 2011 at 9:26am

    the real question is who has the authority on the other side of the collapse. I think the banks fully expect to play the markets and then come thru this.
    I even think they have a plan in place already.

    do borders remain? do currencies remain? do governments remain?

    Report Post » mcFirst  
    • OneFunR6
      Posted on September 27, 2011 at 1:17pm

      I think you’re right, …..
      And I think THEY are WRONG.

      On the other side of the collapse, martial law WILL be ‘declared’ ON MY OWN PROPERTY.
      I WILL BE the authority on the other side of the collapse, ON MY OWN PROPERTY.
      I imagine that this will be true in a lot of places in the world, on the other side of the collapse.

      This is already true in Somalia.

      Report Post » OneFunR6  
  • I_Hate_Libs
    Posted on September 27, 2011 at 9:26am

    This guy remembers the 30′s?

    The horror of the Democrat mind.

    Report Post »  
  • TomFerrari
    Posted on September 27, 2011 at 9:03am

    Evil and usury – dreaming of making money off the pain and suffering of others.
    Now, I’m not saying that investing is wrong, but, I AM saying that this degree of hedging is just evil – hoping others lose their entire life’s savings just so you can get rich – that motive is just pure evil.

    I wanted to own a pawn shop when I was a kid.
    My father explained to me that they make money off ot the poor and those who are ‘down and out,’ stuggling with alcoholism, drugs, etc., and that it was ‘wrong.’ I went on to have a much better life achieving much more, after learning that lesson.

    Report Post » TomFerrari  
  • llleslie
    Posted on September 27, 2011 at 8:54am

    If you can’t afford Food Insurance, try supplementing with supplies from Emergency Essentials. http://beprepared.com/

    Report Post »  
  • Rodster
    Posted on September 27, 2011 at 8:53am

    I would not want to be THAT guy. Because the way the world is going, if what he predicts come true there will be chaos, riots and deaths all over the world. And when the chicken politicians throw investors and traders under the bus again you’ll see mobs with torches and pitchforks on this guys lawn.

    Report Post »  
    • OneFunR6
      Posted on September 27, 2011 at 12:21pm

      I will NOT be one of them.
      I will, however, be happy to give them directions!

      I have no money left, spent it all,…
      on food, guns and ammo, gold and silver.
      These fools, like Sorros and Obama, think somehow
      they will come out on top and in control when this is ‘over’.
      They will not. This will NOT end well, or soon.

      Report Post » OneFunR6  
    • Eblaze44
      Posted on September 27, 2011 at 6:25pm

      so, you will blame the messenger rather than the perpetrators? and then you wonder why people are afraid to just say the truth.

      Report Post » Eblaze44  
  • cntrlfrk
    Posted on September 27, 2011 at 8:53am

    ‘
    The only thing that can save America from this is Excessive Government spending, taxation and regulation.

    Just ask Obama.

    ./

    Report Post » cntrlfrk  
  • DeercreekPatriot
    Posted on September 27, 2011 at 8:51am

    Ron Paul 2012!!! Restore America Now!!!!

    Report Post »  
  • jeffyfreezone
    Posted on September 27, 2011 at 8:49am

    We paid off our house last week and now have no debt. That was a big part of our plan for surviving what’s coming. Beck’s advice was, and is being followed here. Thanks Glenn!

    Report Post »  
    • RaeMarie
      Posted on September 27, 2011 at 9:47am

      Good for you!! We are on track to have ours paid off in 5 years. I’m so looking forward to being debt free as well! :)

      Report Post »  
    • wifezilla
      Posted on September 27, 2011 at 9:55am

      We are nowhere near paying off our house, but we have eliminated all other debt and have food storage….purchased 1 bag or can at a time over the course of a year.

      Report Post » wifezilla  
    • OneFunR6
      Posted on September 27, 2011 at 1:30pm

      “We are on track to have ours paid off in 5 years.”

      In less than two years, the bank[s]/Gov. you OWE the ‘money’ to,…
      will NOT exist and that ‘money’ WILL be worthless.

      Report Post » OneFunR6  
    • RaeMarie
      Posted on September 28, 2011 at 10:30am

      “In less than two years, the bank[s]/Gov. you OWE the ‘money’ to,…
      will NOT exist and that ‘money’ WILL be worthless.”

      I can only hope that that won’t happen, and keep on paying it down as fast as I can! :)

      Report Post »  
  • SamIamTwo
    Posted on September 27, 2011 at 8:43am

    They make money if market goes up or down. But those of us that had 401‘s now have 101’s. And this is the retirement system that Obozo wants everyone in. The market is manipulated by the bigs, including the federal reserve. Cash is king, gold is queen.

    Report Post » SamIamTwo  
    • Milkman
      Posted on September 27, 2011 at 5:00pm

      CASH is not king….it won’t even be the court jester!!

      Report Post » Milkman  
  • justasoldier
    Posted on September 27, 2011 at 8:36am

    Send Lawyers, Guns and Money…

    Food, water, ammo, and maybe some junk silver. Gold will be too hard to trade with until things stabilize, which can be a long way off.

    Report Post » justasoldier  
  • bhelmet
    Posted on September 27, 2011 at 8:31am

    What a bunch of conspiracy nuts! There is no way this could happen here! Wow, I cannot believe you people fall for this nonsense! What a bunch of dupes! Can you believe I still hear people say that? I have lots of Food Insurance, ammo, yeast, flour, sugar, canned goods, and hiding places. All I need now are more like-minded people around me (I know about 3). I will stand with God and help those I can – part of me wants the turmoil, but I know I am going to look like a fool for thinking that way. Buckle up!

    Report Post » bhelmet  
    • justasoldier
      Posted on September 27, 2011 at 8:45am

      Conspiracy? No currency has ever survived indefinitely. The British Pound was the last world reserve currency, and it lasted close to 200 years. There are people out there who really want the dollar to collapse so a new reserve currency will prevail (Russia and China at least). Once we have to convert dollars to something else to buy…wait for it…OIL, you‘re going to see prices jump through the roof which is going to be a blow to the economy that will shake the US to it’s core. Not only do we get the benefit of oil trading on the dollar, but think about how much we import, and how little we export. What happens when Walmart needs to buy Yuan before they can buy containers full of crappy Chinese junk?

      Report Post » justasoldier  
    • Deb C
      Posted on September 27, 2011 at 11:05am

      These food insurance places are price gouging….I went to amazon and have seen cases of canned food at much better prices EVEN organic stuff !

      Report Post » Deb C  
  • absolutely
    Posted on September 27, 2011 at 8:11am

    I think these basic instructions apply: Find a comfortable seat, bend over, put your head between your legs and KISS your ass goodby. Absolutely

    Report Post »  
    • Snowleopard {gallery of cat folks}
      Posted on September 27, 2011 at 8:22am

      When I used to work in a K-B Toystore (my first job) I read the instructions for various disaster scenarios that may happen on the job — Hurricane (in AZ), earthquake and the like; under the one for Active Nuclear Exchange between United States and a Hostile force (yes it really said this), the same statement as you mention in your post had been penciled in.

      Report Post » Snowleopard {gallery of cat folks}  
    • robert
      Posted on September 27, 2011 at 8:34am

      First of all, this guy gave pretty good reasons why Europe is headed for economic chaoes, and he put his career on the line by saying so. That fact alone should be ebough for people to sit up and take notice.

      His expressed desire for the economy to crash is based on the fact that he could make a fortune if it does. I’m pretty sure part of his motivation is based in the fact he gives classes on how to make money in the stock market during down times, but it can‘t be ignored that if his forecast is wrong he’s going to have to pack it all in if the economy happens to turn out differently than he’s predicting.

      What he’s saying is basically the same as Gerald Celente is saying and Celente is one of the most capable, reputable trends forecasters in the world today. Peter Schiff says the same, as does Roubini, along with a plethora of others all telling us we’re in for a hard ride.

      With the entire Western world in so much tribal turmoil and so many racial and ethnic groups rioting or threatening to riot, I can’t see how anybody would conclude we are going to avoid civil war after a severe downturn hits in the very near future.

      As Glenn warns us REPEATEDLY….BE PREPARED.

      Report Post »  
    • OneFunR6
      Posted on September 27, 2011 at 1:24pm

      “I can’t see how anybody would conclude we are going to avoid civil war after a severe downturn hits in the very near future.”

      I sure don’t, But I AM ‘ready’ for it.

      Semper Paratus

      Report Post » OneFunR6  
  • SpankDaMonkey
    Posted on September 27, 2011 at 8:09am

    .
    I dream of World Peace, and nice things like that……………

    Report Post » SpankDaMonkey  
  • starman70
    Posted on September 27, 2011 at 8:08am

    If the Obama economy continues, America along with the rest of the world will be in a full blown DEPRESSION. Of course, when the real desperation hits, the people will accept any solution. That will open the door to dictatorship wich is what the Liberal, Progressive, Communists in the administration and the rest of the extreme left politicians want.

    We need to take America back in 2012! Clean out the Senate, the House and especially the Presidency.

    Report Post »  
    • Snowleopard {gallery of cat folks}
      Posted on September 27, 2011 at 8:26am

      Indeed, recall Van Jones declaration of “Top down, bottom up, inside out…”

      Top down (Obama and Progressive/Socialist strangulation of rights, economic terrorism, etc.)
      Bottom up (Unemployment, lowering value of dollar, food prices heading up, etc. for people)
      Inside out (Days of rage via unions, anarchists and the like)

      God’s version:

      Top down (God is in control and here for His people)
      Bottom up (Faith and work for freedom by His people for America)
      Inside out (RESTORATION of America and faith)

      Report Post » Snowleopard {gallery of cat folks}  
    • OneFunR6
      Posted on September 27, 2011 at 1:20pm

      Good one, Snow!

      Report Post » OneFunR6  
  • Dustyluv
    Posted on September 27, 2011 at 8:02am

    What are you going to do when your money can be used as toilet paper? Hyperinflation is coming. He will be one of those jumping out of a window…

    Gold, silver, water food and ammo. The new stock market.

    Report Post »  
    • BeerSnob
      Posted on September 27, 2011 at 8:16am

      If the SHTF, gold and silver will be worthless until things stabalize again (in about 20 years).
      I’m not trading any of my goods for a chunk of metal. Replace those with alcohol. I have a nice brewing system, and a nice stockpile of supplies. People will ALWAYS want beer.

      Report Post » BeerSnob  
  • clingingtogodandguns
    Posted on September 27, 2011 at 8:02am

    Our tax dollars at work for you.Well if the libs are always wanting to socialize {oops} i mean take over big business.Then i say this tea party will be about socializing {oops} i mean taking over your banks.See how they like that one.

    Report Post »  
  • jcizarter
    Posted on September 27, 2011 at 7:59am

    I invest in myself. Stock up on things you will use and will eventually need. Years worth of canned goods, salmon and sardines are the most healthy food you can eat. No carbs, they are empty calories and will lead to illness every time.

    Report Post » jcizarter  
    • RepubliCorp
      Posted on September 27, 2011 at 8:18am

      Be of Italian descent, I can tell you your “No Carbs” thing is wrong. My grandparents lived well into their 90′s.

      Report Post » RepubliCorp  
  • Gonzo
    Posted on September 27, 2011 at 7:35am

    So, we should invest in U.S. bonds? That doesn’t sound right either.

    Report Post » Gonzo  
    • BeerSnob
      Posted on September 27, 2011 at 8:01am

      My entire 401k is sitting in cash right now. I’m having the same dream as this guy. I’m hoping to buy back in when the DOW is around 8500

      Report Post » BeerSnob  
    • starman70
      Posted on September 27, 2011 at 8:15am

      @ BEERSNOB:

      Unfortunately, your cash won’t buy much when the hyper-inflation of the Dollar occurs. The Dow might hit 8500 but when it takes !0 to 20 thousand dollars to buy a loaf of bread (Germany before Hitler, ONE MILLION MARKS for a loaf) Stock purchases will be the last thing on everybody’s mind.

      Report Post »  
    • BeerSnob
      Posted on September 27, 2011 at 8:28am

      I am preparing for one of two things: Another recession that we‘ll come out of and I’ll profit from nicely when the market recovers or total collapse – for which I have plenty of food, ammo, beer making supplies, and a cabin in the woods of northern Michigan. Either way, I’m set.

      Report Post » BeerSnob  
    • hauschild
      Posted on September 27, 2011 at 8:43am

      @Beersnob

      I’m in the same boat in terms of buying back in, but I’m also contemplating gold when it finishes correcting.

      This market thing is complete nonsense. How many times in this past year have we seen huge gains, followed by huge losses, followed by huge gains? And, I’m supposed to put my retirement funds into that sham? Not a chance.

      Report Post »  
    • Deb C
      Posted on September 27, 2011 at 11:10am

      If a loaf of bread costs $10,000 – $20,000 – time to learn to make bread doncha think ?

      Report Post » Deb C  
    • OneFunR6
      Posted on September 27, 2011 at 1:35pm

      “… time to learn to make bread doncha think ?”

      Five live chickens, one rooster, 400lbs+ flour, 200lbs+ sugar, and LOTS of frozen butter!
      I be ready, too.

      Report Post » OneFunR6  
    • Eblaze44
      Posted on September 27, 2011 at 6:28pm

      US bonds – what kind of US bonds. If the government is BROKE and already 80% of it’s debt is owed to Americans (not the Chinese or the Japanese as some would lead you to believe) just how do you expect the government to redeem those bonds, with interest. OH! they’ll print more paper for you – cause that’s all those bonds are worth – maybe you’ll be able to start a wood stove to cook your food on.

      Report Post » Eblaze44  
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