Who made a KILLING today?

[dementedme]

I'd like to know where this money is going.... Some people must be making massive profits... the question is who?

I smell a rat....

 

[tsetsefly]

no one, it was made months ago, whoever got the printed money first...

 

[EvilNight]

Sniff a little closer, you'll smell some other interesting things as well... including the subjects of some interesting rumors around here as of late.

 

[tsetsefly]

this is a just the market reacting to the coming recession, the recession was brought on by the fed's low interest rates which led to the inflation of housing market, stock market etc.

 

[AceNZ]

AMBAC and MBIA, the two big bond insurers, are up around 20% so far today. There's certainly some games going on there.

The whole financial sector is up today, too. Remember, the Fed is really a banking cartel. Their goal in life is to make more money for the big banks. They were even saying on CNBC that lower rates will allow the banks to refinance a bunch of their debt.

 

[Fox McCloud]

this is a just the market reacting to the coming recession, the recession was brought on by the fed's low interest rates which led to the inflation of housing market, stock market etc.

we're already in a recession; if we're not careful we could plunge ourselves into a depression.

yeah, the rate-cuts are heavily responsible for the housing crisis and such, but people are the ones who make the choice to go into debt or not, and many have chosen to do so.

 

[tsetsefly]

AMBAC and MBIA, the two big bond insurers, are up around 20% so far today. There's certainly some games going on there.

The whole financial sector is up today, too. Remember, the Fed is really a banking cartel. Their goal in life is to make more money for the big banks. They were even saying on CNBC that lower rates will allow the banks to refinance a bunch of their debt.

yeah but the insurers are really in trouble, long term, maybe today they gain but that wont last...

 

[Liberty]

My guess would be Goldman Sachs. It's absolutely amazing how well they do regardless of market conditions. Their employees are also big contributors to both political parties. There's a lot of information in the FEC reports.

 

[bluemarkets]

the big banks are going to be propping up the markets today(at the open they were buying like crazy), but it wont last long
dead cat bounce? I would get out of any open positions in the market ...

just my 2 cents

 

[Lars]

Most of the money just disappears without anybody making a killing (although of course there are also somebody gaining - there always is).

However, the important point is that most of the lost money has just gone and is not coming back!

 

[PatriotG]

we're already in a recession; if we're not careful we could plunge ourselves into a depression.

yeah, the rate-cuts are heavily responsible for the housing crisis and such, but people are the ones who make the choice to go into debt or not, and many have chosen to do so.

The depression cometh.
Im sorry to sound gloom and doom but there is no way to stop it now.

I wish I could believe otherwise.

PatriotG

 

[jonahtrainer]

I'd like to know where this money is going.... Some people must be making massive profits... the question is who?

I smell a rat....

Well, I'm not part rat but I have profited handsomely ..... and do tend to sympthasize with George Mason, because the Fed is our modern day slavery issue, who said at the Constitutional Convention:

Every master of slaves is born a petty tyrant. [Slaves] bring the judgment of heaven on a Country. As nations can not [sic] be rewarded or punished in the next world they must be in this. By an inevitable chain of causes & effects[,] providence punishes national sins, by national calamities.

 

[loupeznik]

In terms of worth: everyone who buys today is making a killing.

In terms of dollars: nobody.

 

[scooter]

I've done pretty well today with my ag stocks, oil stocks, and banking stocks. The ones who lose are the ones who bought at the top and are panicking into selling at the bottom.

 

[Paul.Bearer.of.Injustice]

The Middle East oil barons and the super-rich who are buying up the banks are the ones making a killing.

 

[loupeznik]

The Middle East oil barons and the super-rich who are buying up the banks are the ones making a killing.

You don't have to be super rich to take advantage of a recession. You can buy bank stock right now. It is cheap and I don't expect to see the bankers begging for money anytime soon.

You just have to decide if you are looking at a temporary down turn or a global collapse.

If you are into the global collapse camp, I'd like to suggest buying ammunition rather than gold.

 

[legion]

Me. I sold my remaining EEM on Friday to get into AHT and JEF.

 

[scooter]

You don't have to be super rich to take advantage of a recession. You can buy bank stock right now. It is cheap and I don't expect to see the bankers begging for money anytime soon.

You just have to decide if you are looking at a temporary down turn or a global collapse.

If you are into the global collapse camp, I'd like to suggest buying ammunition rather than gold.

Finally someone making sense. If you believe this is just a bad recession, then buy stocks and invest as things get cheap.

If you believe this is economic collapse, forget gold and get guns. No one is going to take your shiny coins in exchange for food after SHTF.

 

[Dustancostine]

People will always take shiny things for food. They always have and always will.

 

[Paul.Bearer.of.Injustice]

You don't have to be super rich to take advantage of a recession. You can buy bank stock right now. It is cheap and I don't expect to see the bankers begging for money anytime soon.

You just have to decide if you are looking at a temporary down turn or a global collapse.

If you are into the global collapse camp, I'd like to suggest buying ammunition rather than gold.

The question was "who's making a killing".

The only people who make killings in a recession or depression are the already wealthy who gobble up incredible stakes and assets for pennies on the dollar.