Billionaires Dumping Stocks, Economist Knows Why

They're selling out to the retail "bagholders".

Also from the article -

"Wiedemer calmly laid out a clear explanation of why a large drop of some sort is a virtual certainty.

It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy."


[link to www.moneynews.com]

It's things like this you need to watch out for. They might say there is no insider trading, but who really knows what goes on. The ones with big money to loose will not be out of the loop when TSHTF.

The way the system is set up, it wouldn't take much for it to fall. There's too much behind-the-scenes manipulation going on right now. Sadly, it's the people at the bottom of the pyramid who have to pay the price.

With the upcoming election you have to be nuts to have any money in stocks.

Most company retirement plans are stock-based.

That is some real doom.

It is actually very simple. They are selling to avoid the higher capital gains taxes that will be imposed starting next year.

The fiscal cliff is real .... even if Big Bird Obuma says it isn't.

and Mother Goose Romney too.

They at least have one idea in common....

Last Edited by Mr. Toppit on 10/13/2012 11:54 AM

Printing money is good for the sock market though.

If what this article is say is true(which it's not) the billionaires would be pulling their money out of the fucking USD not just the stock market.

If the stock market collapses it will be due to deflation as inflation always causes the market to go higher.

I have the suspicion there's a lot of physical assets being quietly stashed away in various corners of the world, assets that will hold their value even when the paper market collapses.

the latest pump and dump is now in the dump stage of profit taking, otherwise known as the distribution phase.

your 401k is about to become a 101k after you receive the haircut they have planned for you.

BOHICA!!!

my 401k is some excellent tillable soil in the upper Midwest next to a very large body of fresh water. a pole barn with a rv parked under it, propane tanks, septic, grid power and solar, a nice root cellar, a few out buildings and of course an inexhaustible supply of fresh water. kicks the crap out of the mans paper bullshit any day and twice on Sundays.

and where in the UK is their freshwater that's habitable!

try and keep up.

Billionaires don't always understand ALL market dynamics. It's the trillionaires who run that shiz.

Anybody who knows the real story has always been in Swiss Francs. The US dollar is nothing but a puppet of the Swiss Bankers. You can prove it by comparing the charts as far back as they will go.

Who are the idiots that still buy into the long-term diversified stock market bullshit?

Some know what is coming and are getting ready. You are one. The rest will become the zombie. Good luck in what is ahead of the world. :)

So..wouldn't it be more reasonable for you to..instead of dropping little bombs like this..to talk about where they're putting their money now?

Fear mongering should be punishable by hanging.

I've read personally that precious metals are being sold but through the buying and selling of the PMs the price isn't going up or down. You can read up on bloomberg about the PMs "actual value" and such.

Was an interesting read but made me realize that PMs were the first thing to get price regulated.

I agree. The company I work for made it an automatic enrollment for all employess last Jan. Most of them are young minority with no clue what it is nor do they have any gumption to cancel it. When I asked an employee what they thought it was, they said, "Some new tax."

And the 401k's are the only thing backed by the government. Any private institution you hold your money has no financial backing. Good luck.

By "Swiss Bankers", you must mean "The Vatican". The clearing house between the Vatican and the rest of the world is the City of London.

No real players are on this website, unless they come here to laugh at their slaves acting like they "know" something.

exactly how the "the Government" back anything? You think the Government is going to give up any real assets to fund your 401K? Keep dreaming, cause just like Greece, they will cut off and never miss a beat doing it.

Fool.

An important point to add though...is (all-the-more, because now our National interest-bearing debt is so, so large)...as inflation comes out of the woodwork (due to bank reserves coming out finally from the Fed) - the Fed will attempt to "tweak" the inflation, by an interest rate rise.

With this rise in rates - the collapse of the markets could easily come quickly; even though inflation is running (not deflation).
Praise God

They are going to blame it all on the hackers that Panetta was warning about. The bankers are going to cash out and the market will crash and it will all be blamed on the computers

This article is on money news every month. They just change the date and repost it. Someone on glp always posts this.

why is that sad?

after the proles get fucked over for the billionth time maybe they should stop indulging their masters and stop playing altogether perhaps?

and there you go.

but most idiots dont pay attention, so it will be a surprise to them just like everything is.

haha they are cowards that beg women to pleasure them....... please, whimper whimper

hahahahahahahahahahahahahahahahhahahaha

slaves they were born and slaves they will always be, the moreso as the future progresses. The ownership society is for real, these serfs are owned mind body and soul. worthless people, because their insides are worthless.