Monday, September 26, 2011

SOBERING UP ON MONDAY

Well, the world elite met and promised a wave of liquidity and backstops that will surely save us. US markets are up about 1% as I type this and I am left wondering how we are only up that much. Since we are not in "face-ripping" rally mode yet, I thought I would put up a sobering interview that is unlike most of the media that we consume from the Fed's favorite network, NCBC.

Below is a BBC interview with Trader Alessio Rastani. He is a complete nut job or the most brilliant man in Europe. Unfortunately if you say these things in Europe you begin to be seen as an enemy of the "state". We'll need to double up or prayer efforts for him!

Check out this 3 minute video, well worth the entertainment value alone. I'm not so sure I like his Treasury strategy, it seems like a brilliant guy like him could have been more creative. Perhaps he didn't want to talk his book like T. Boone Pickens, Bill Gross, Marc Faber, and the rest? 




You have to love the "Goldman Sachs rules the world" comment as well which makes him look even more psycho.  She didn't even touch that one.

Have a great week. Look for the rally to 11,300 in the Dow....or a total collapse.

GOATMUG
Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments at http://www.goatmug.blogspot.com/