Sell Everything?

[BTCBinary]

well, in case of severe depression the best you could own was gold. but now bitcoin is even better. In the event of a terrible crysis like the one pointed in the article the best choice was to keep both. So, if this is suppose to happen you might wanna start holding

[darkangel11]

If those Scots are right we may see a nice market crash that should also impact Bitcoin. The crash in China did not have any negative influence so maybe a big European one will make the price skyrocket.

[Pab]

Equities  to fall 10% to 20%,it is nothing,i think 10% 20% will be just first sell off.Will be more down

[jaysabi]

well, in case of severe depression the best you could own was gold. but now bitcoin is even better. In the event of a terrible crysis like the one pointed in the article the best choice was to keep both. So, if this is suppose to happen you might wanna start holding

Gold has a long history of being valuable. Bitcoin has only existed for less than 5 years, and it's entire existence has been defined by risk and volatility. If we enter anything resembling a depression, bitcoin is not going to fare well.

[Pab]

Today everything has been sold,global sell day,stocks all over the world,oil and bitcoin
crash,cash is king

[justspare]

I guess we will see everything fall and bitcoin rise I dont think it will drop below 400 in the next 8 months.

Well I guess you are wrong. It fell below $400 today. Why would we want to sell everything? 

[Watercooler]

Stupidest thing to do, to sell everything now, don't follow the mass like lemmings. Price will certainly go
up again when.

[safari88]

Stupidest thing to do, to sell everything now, don't follow the mass like lemmings. Price will certainly go
up again when.

I think this a regular thing in fact we've experienced anything like this, but people always panic to sell.

[BeeWu]

I guess we will see everything fall and bitcoin rise I dont think it will drop below 400 in the next 8 months.

[1Referee]

Stupidest thing to do, to sell everything now, don't follow the mass like lemmings. Price will certainly go
up again when.

I think this a regular thing in fact we've experienced anything like this, but people always panic to sell.

Let people panic sell their coins as much as they want. It allows us to buy up their coins and make sure these weak handed people have nothing left to sell. But as always, they will buy back at much higher prices than where they have sold. It's a natural habit for these people.

[hawkins]

are you sure you want to sell? I also really want to sell, but I think this BTC prices will rise again, perhaps this is not in line with forecasts that will go down so far, but I believe the price of BTC still going up again 

[BitGlory]

canned food, gold, silver, virtual money isn't helpful in a SHTF situation.

[darkmagician]

You better start to sell everything cause the dumping has began and no one could stop this so be prepared.

[MyBTT]

People can say what they want to. It is really up to you what you want to do. I definitely would not sell everything.

[romero121]

Today everything has been sold,global sell day,stocks all over the world,oil and bitcoin
crash,cash is king

Not today everyday cash is the king. Now bitcoin is trying to acquire that place.
But if you need to earn sell a little which is sufficient for short term. Don't sell everything
Since the value is growing.

[asuryan180]

Nothing the banks say should be considered a fact,of course they lie every time for their own good.I would agree that the bonds are a better investment than majority of them.

I guess we will see everything fall and bitcoin rise I dont think it will drop below 400 in the next 8 months.

Your speculation has been proven wrong mate ,it was 360 some days ago and is not above 400 still.

[romero121]

Nothing the banks say should be considered a fact,of course they lie every time for their own good.I would agree that the bonds are a better investment than majority of them.

I guess we will see everything fall and bitcoin rise I dont think it will drop below 400 in the next 8 months.

Your speculation has been proven wrong mate ,it was 360 some days ago and is not above 400 still.

Thats the real time situation and there are possibilities to reach 400$ in few weeks and won't fall back less than 400$

[n2004al]

Royal Bank of Scotland economists have urged investors to sell everything except high-quality bonds, warning of a “fairly cataclysmic year ahead.”

Writing in a client note dated Jan. 8, the bank’s European rates research team said that clients should be concentrating on return of capital, not return on capital, and that an ominous outlook to the world economy “all looks similar to 2008.”

The Key Points

• The note is particularly bearish on China and global commodities, and predicts that oil could fall as low as $16 a barrel.
• In a grim set of predictions, Andrew Roberts, head of European economics, rates & CEEMEA research said that the world has far too much debt to be able to grow well.
• He also warned that advances in technology and automation are set to wipe out up to half of all jobs in the developed world.
• The note says equities could fall 10% to 20%.
• It predicts the year will be spent focusing on how to exit positions that have benefited from long-running QE, including emerging markets, credit and equities.

Source: http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-everything/?mod=e2fbRBS

A 10 to 20% fall in equities certainly isn't a long shot. QE has produced a long run-up in stock prices, and on average, we see a market correction of 10% every two years and a 20% correction every five years. Still, the advice to "sell everything" seems a bit much.

For me is everything exaggerated. First I don't believe that in such few time can be something big like that what which is happen at 2008. To not forget that the crisis began at 2008, first, is the second biggest one after the crisis of the '30 and, second, is not you surpassed fully. So, all the world is working to eliminate all the consequences of this crisis and meanwhile are annalists which predict another one similar to that? First of all this mean that everyone has learned nothing from the previous one and I cannot believe that all the other people who worked in this direction are stupid and are not able to learn how to prevent the happening of the same or the similar thing and only the above annalists are good professional. Then (second) how is possible that only the above annalists are so able to understand so very well the overall world economic situation and the other similar of them not?

As for me they want fame.

Downturns in the market are common. RBS is not saying this year is going to be as bad as 2008 (they're not saying it's not either, that's your comparison), they're saying it's going to be a bad year and you should flee to safe assets to preserve capital. The market doesn't only go up or explode in crisis. The market has a down year on average for every two up years, and the 1920s was not the last time the market had a crisis. The market has had significant trouble of varying degrees in the early 2000s, the 1980s, and the 1940s. Downturns are common, and they are a normal and healthy part of the business cycle.

I don't agree or disagree with RBS's analysis that this will be a bad year, only the advice that the reasonable thing to do is sell everything in response.

So you are not agree or disagree with RBS analysis but are telling that "RBS is not saying this year is going to be as bad as 2008 (they're not saying it's not either, that's your comparison)" and in your main post you wrote: that an ominous outlook to the world economy “all looks similar to 2008.”. And the part in question mark must be their citation. This my poor in conception and lack in meanings mind understand totally different and against one another these two your sentences. In other words, again according to the above typo my mind, there are simply stupid game of words without meaning and reasoning. So needed to tell something different but have no importance what. It is not my comparison the comparison with the 2008 but your comparison and if true that you have wrote even their comparison. Written clear in your main post. If something is similar with 2008 like is told in your main post that mean that mean that we are in crisis. This is first.

Second thanks for explaining me that "The market has a down year on average for every two up years, and the 1920s was not the last time the market had a crisis." It is a big surprise for me to know and to understand today that the crisis of 1920 was not the last crisis that the market had. According to me and to that I teach to my students at the Faculty of Economy since 16 years the crisis of 1920 was the only one before the one of 2008. So I will do a big correction to my book of management in which is treated various times the theme of crisis in capitalism, their cycles, their causes etc writing only this monumental teach had from your post. The crisis of 1920 is not the last one had the capitalism before the crisis of 2008. I have only a little question. Could you please show me where have you read this my big thoughts about this crisis in my post?

Third. I don't see any kind of connection between my post and your post. You give lessons (as for me bullshits) asked by no one about things that have nothing to do with what I have write in my post. It would be better for you that the next time, before do a post or a reply, to try to understand what is told in the post to which you answer. I speak in my post ONLY for the comparison of the actual situation (always based TOTALLY in what you have written in your main post) with the situation of 2008 (given from you with question marks and if so rigorously cited from the source). I don't mention nothing about the overall crisis and their cycle - which is not trued that is 2 year because before were much more longs and now a little shorter and never there are defined time which can be taken as reference because of the complexity of today economy and the learnings had about those in time - but the most two big such. I speak about the Empire State Building and Tour Eiffel and you teach me that are not only these "builds" in this world but even the build when live you.

And the last one that I have pleasure to specify is another BIG teach from you (always given at your monumental post): "Downturns are common, and they are a normal and healthy part of the business cycle."

Really first time in all these years I have on my shoulders, that see with my eyes someone who pretend and write - being totally sure about this - that crisis are healthy for the business. It will be enough this sentence for me to ignore totally your posts but I will not do this because I'm very curious to see until in which point will go your being sure in telling other pearls like this. If it will be again the case to met each other in other threads. Because hope to not have more desire to reply to another your - like above - comment to this my comment to your monumental above comment.

[jaysabi]

Royal Bank of Scotland economists have urged investors to sell everything except high-quality bonds, warning of a “fairly cataclysmic year ahead.”

Writing in a client note dated Jan. 8, the bank’s European rates research team said that clients should be concentrating on return of capital, not return on capital, and that an ominous outlook to the world economy “all looks similar to 2008.”

The Key Points

• The note is particularly bearish on China and global commodities, and predicts that oil could fall as low as $16 a barrel.
• In a grim set of predictions, Andrew Roberts, head of European economics, rates & CEEMEA research said that the world has far too much debt to be able to grow well.
• He also warned that advances in technology and automation are set to wipe out up to half of all jobs in the developed world.
• The note says equities could fall 10% to 20%.
• It predicts the year will be spent focusing on how to exit positions that have benefited from long-running QE, including emerging markets, credit and equities.

Source: http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-everything/?mod=e2fbRBS

A 10 to 20% fall in equities certainly isn't a long shot. QE has produced a long run-up in stock prices, and on average, we see a market correction of 10% every two years and a 20% correction every five years. Still, the advice to "sell everything" seems a bit much.

For me is everything exaggerated. First I don't believe that in such few time can be something big like that what which is happen at 2008. To not forget that the crisis began at 2008, first, is the second biggest one after the crisis of the '30 and, second, is not you surpassed fully. So, all the world is working to eliminate all the consequences of this crisis and meanwhile are annalists which predict another one similar to that? First of all this mean that everyone has learned nothing from the previous one and I cannot believe that all the other people who worked in this direction are stupid and are not able to learn how to prevent the happening of the same or the similar thing and only the above annalists are good professional. Then (second) how is possible that only the above annalists are so able to understand so very well the overall world economic situation and the other similar of them not?

As for me they want fame.

Downturns in the market are common. RBS is not saying this year is going to be as bad as 2008 (they're not saying it's not either, that's your comparison), they're saying it's going to be a bad year and you should flee to safe assets to preserve capital. The market doesn't only go up or explode in crisis. The market has a down year on average for every two up years, and the 1920s was not the last time the market had a crisis. The market has had significant trouble of varying degrees in the early 2000s, the 1980s, and the 1940s. Downturns are common, and they are a normal and healthy part of the business cycle.

I don't agree or disagree with RBS's analysis that this will be a bad year, only the advice that the reasonable thing to do is sell everything in response.

So you are not agree or disagree with RBS analysis but are telling that "RBS is not saying this year is going to be as bad as 2008 (they're not saying it's not either, that's your comparison)" and in your main post you wrote: that an ominous outlook to the world economy “all looks similar to 2008.”. And the part in question mark must be their citation. This my poor in conception and lack in meanings mind understand totally different and against one another these two your sentences. In other words, again according to the above typo my mind, there are simply stupid game of words without meaning and reasoning. So needed to tell something different but have no importance what. It is not my comparison the comparison with the 2008 but your comparison and if true that you have wrote even their comparison. Written clear in your main post. If something is similar with 2008 like is told in your main post that mean that mean that we are in crisis. This is first.

Second thanks for explaining me that "The market has a down year on average for every two up years, and the 1920s was not the last time the market had a crisis." It is a big surprise for me to know and to understand today that the crisis of 1920 was not the last crisis that the market had. According to me and to that I teach to my students at the Faculty of Economy since 16 years the crisis of 1920 was the only one before the one of 2008. So I will do a big correction to my book of management in which is treated various times the theme of crisis in capitalism, their cycles, their causes etc writing only this monumental teach had from your post. The crisis of 1920 is not the last one had the capitalism before the crisis of 2008. I have only a little question. Could you please show me where have you read this my big thoughts about this crisis in my post?

Third. I don't see any kind of connection between my post and your post. You give lessons (as for me bullshits) asked by no one about things that have nothing to do with what I have write in my post. It would be better for you that the next time, before do a post or a reply, to try to understand what is told in the post to which you answer. I speak in my post ONLY for the comparison of the actual situation (always based TOTALLY in what you have written in your main post) with the situation of 2008 (given from you with question marks and if so rigorously cited from the source). I don't mention nothing about the overall crisis and their cycle - which is not trued that is 2 year because before were much more longs and now a little shorter and never there are defined time which can be taken as reference because of the complexity of today economy and the learnings had about those in time - but the most two big such. I speak about the Empire State Building and Tour Eiffel and you teach me that are not only these "builds" in this world but even the build when live you.

And the last one that I have pleasure to specify is another BIG teach from you (always given at your monumental post): "Downturns are common, and they are a normal and healthy part of the business cycle."

Really first time in all these years I have on my shoulders, that see with my eyes someone who pretend and write - being totally sure about this - that crisis are healthy for the business. It will be enough this sentence for me to ignore totally your posts but I will not do this because I'm very curious to see until in which point will go your being sure in telling other pearls like this. If it will be again the case to met each other in other threads. Because hope to not have more desire to reply to another your - like above - comment to this my comment to your monumental above comment.

It'd be easier to respond to you if I could understand what you were saying. All I've gotten is that you're attempting to be condescending, but unfortunately your lack of proficiency in English makes all the little barbs I'm sure you were so proud of fall pretty flat. Perhaps you can't find a link between my response and your response because I was trying to respond to the gibberish you spouted all over the place. If I failed to understand what you were trying to say, that's due to your failure to communicate clearly. I gave it my best shot deciphering what you were trying to say. I'll just stay clear next time, as it was wasted effort.

[mtnsaa]

I'm not saying they are wrong, but I do want to address a problem with those claims:

Alarmists have been saying for centuries (no exaggeration) that technology will wipe out jobs and make it impossible to make a living. Each time, they have been wrong. Technology has lead to increased standards of living and more job creation. Yes, outdated jobs are destroyed, but they are replaced with new, often better paying, ones.

Yes but the process is not an easy one, many people as you said lose their jobs, poverty increases, etc. It's not a counterpoint, we are both stating what will always happen and we agree that it is for the best. Regarding the main topic, announcements like this is what usually start a bank-run or similar panic situations which makes the whole situation much worse than imagined, so hope these economists are basing their predictions from some very tangible information.