RE: Yes Fu you didLordV,
You are one of the few posters who is trying to understand the wind that the market is blowing. If I can suggest something to you, you should listen to Coast To Coast AM with George Noory. He had a guest on the show a few times talking about a perfect storm coming to the markets many years back. The first time I heard him, I simply thought that he is some guy who is trying to get attention. The second time when I heard him, I started to listen to him and I was curious who this guy was because what he said on the show many years back is happening exactly how he said. He was one of the few people trying to warn the US about the disaster coming.
Recent investigation into the US senate is looking like a joke. Many powerful people who had influence on Fannie Mae and Freddie Mac from Clinton era to the George Bush era should end up in jail (for wishful thinking). Only then you can start to believe in freedom and justice again. Millions of innocent people are going to be paying the price for the arrogance of those powerful people.
Personaly, last year, I put all of my families RSP to GIC. But, if those people who think we are safe, they are kidding themselves. Short traders are having a hay day. Good for them, but they probably still don't understand how they are going to be hit, but this their problem. I've noticed many smart people on this website who have smart thoughts. I read what they say and try to enrich myself. I wish them good luck with their venture, and I hope all of us are going to be safe in our journey.
Felix56