You'll never hear the crash coming ... then suddenly it blindsides you

Discussion in 'Markets & Economies' started by SpacePete, Apr 16, 2014.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    In the run-up to a crash, there will always be a growing plethora of clowns who claim no crash is imminent with increasingly desperate reasoning as to why everything is ok.
     
  2. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Noah! I want you to build an ark.

    Some hear the call, some don't. As I said before, if there's a crash, I'm ready. If there's no crash, I'm still ready.
     
  3. BiGs

    BiGs Active Member

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    How will predicting a crash change anything? This article is irrelevant to the real issue.
     
  4. tolly_67

    tolly_67 Well-Known Member

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    Yes it is.
    Just like the huge long position of futures is a warning that a peak is close. The majority are normally wrong. Noah was a good example
    There is no predicting a crash. The basis for a crash is always capital movement. The crash of 87 was based on this fact.
    Capital will flee the weakest market.
    At this point the stock market is a much safer place to place capital than bonds and will continue to be for many, many years to come.
    The Chinese understand this.
    There will always be Chicken Littles.......eventually one will be right.
     
  5. JulieW

    JulieW Well-Known Member Silver Stacker

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    Oh I question that.

    I think the BRICS are working hard to extract themselves from western financial markets and all the current circumstance implies.
     
  6. Pirocco

    Pirocco Well-Known Member

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    On which basis do you state this?
    Zerohedge?
    Look at the trend of US Treasury holders, those BRICS countries:
    http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt
    http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/ticarchives.aspx (mfh.txt in zip files)
    (billion USD)
    (note: the '0' values can be a small value since only the TOP-25 is named and the rest is thrown together as 'All others')

    Jan 2007
    Brazil: 53.7
    Russia: 0
    India: 15.1
    China, Mainland: 353.6
    South Africa: 0
    Total: 422.4

    Jan 2008
    Brazil: 141.7
    Russia: 35.2
    India: 14.6
    China, Mainland: 492.6
    South Africa: 0
    Total: 684.1

    Jan 2009
    Brazil: 133.5
    Russia: 119.6
    India: 32.5
    China, Mainland: 739.6
    South Africa: 0
    Total: 1025.2

    Jan 2010
    Brazil: 169.1
    Russia: 124.2
    India: 32.7
    China, Mainland: 889.0
    South Africa: 0
    Total: 1215

    Jan 2011
    Brazil: 197.6
    Russia: 139.3
    India: 40.6
    China, Mainland: 1154.7
    South Africa: 0
    Total: 1532.2

    Jan 2012
    Brazil: 229.1
    Russia: 142.5
    India: 44.1
    China, Mainland: 1159.5
    South Africa: 12.5
    Total: 1587.7

    Jan 2013
    Brazil: 254.1
    Russia: 164.4
    India: 58.5
    China, Mainland: 1214.2
    South Africa: 11.5
    Total: 1702.7

    Jan 2014
    Brazil: 246
    Russia: 131.8
    India: 68.1
    China, Mainland: 1273.5
    South Africa: 13.1
    Total: 1732.5

    Do you see the BRICS working hard to extract themselves from western financial markets?
    I see rather the very opposite.
     

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