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Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Printable Version

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+--- Thread: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS (/showthread.php?tid=8166)

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RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Steve - 28 January 2016

Well, whether there is another crash or not you can't go far wrong by buying something tangible and useful, preferably second-hand at a price as low as it's likely to get. You can always sell if you need to later.

I've been putting off topping up my red diesel stock, but I think I'm going to buy some now - it's too useful to risk losing out if there is a crash. In fact, it's such a bargain I won't cry even if the price does go down further.


RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Straight Shooter - 28 January 2016

Baltic Dry Index ....new.... all time low (337).


RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Devonian - 28 January 2016




RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Straight Shooter - 28 January 2016

With all due respect Dev....iron ore , coal , grains....raw materials are not carried in container type ships....finished products DO ...so it looks even worse ! thanks for pointing that out though.


RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Straight Shooter - 28 January 2016

Just to point out ....on the 14th January i posted the index was (403) TODAY its (337).......that's (66) points lost in 14 days ?.......time to wake the fuck UP !


RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - River Song - 28 January 2016

Thats for keeping us uptodate SS

As you say so rightly, we weren't talking about containers although as
was pointed out by Dev, we have an over capacity problem there.

The dry index ralates to bulk carriers and I really don't buy the over capacity
bit of spin.

Was there over capacity in 2008 at the beginning of the last crash?

The reason then and the reason now is the same - China !


RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Devonian - 29 January 2016




RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Straight Shooter - 29 January 2016

Thing is RS these updates are useless if no action is taken to protect ourselves....all i am doing here is simply relaying information available to EVERYONE ...no big deal really ...however a very BIG DEAL if ignored by US ....this is not done to scare the shit out of anyone....simply prepare for the inevitable conclusion of the circumstances.....the good news IS some are doing something about it .....it does not matter how small....SD only keeps enough in his bank to cover living expenses.....Steve buys stuff to use of a practical nature in tune with his life style....these things are good things to do as a safety nett and the preservation of future wealth all said and done that's why we are all here...to survive....what is surely coming our way....WHEN ? .....all i see....its here... and its now rolling out ....i wish i was wrong....play it as you see it....that's what i do...everyone to their own.


RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Straight Shooter - 29 January 2016

I have NO problem with your views DEV....as i have said earlier ......play it as you see it......i feel a landy and bitchy dual is in order lol .


RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - Devonian - 29 January 2016

(29 January 2016, 00:48)Straight Shooter Wrote: i feel a landy and bitchy dual is in order lol .

now you are talking Big Grin Big Grin