Financial analyst Marc Faber has been warning investors since last October about a “Chinese credit bubble” and a potentially devastating correction to come in world markets.
What average investors [ $50,000 to $250,000 usd in the stock market ] mostly don’t realize is that about 80% of the advice which is given to you as the ‘little guy’ investor is designed to make money for the guy who is giving the advice. Brokers advise their customers to buy thus and such and they get a commission on that transaction, whether the stock soars or tanks. Small companies rise and fall like the daily tides in a global market beset by constant graft, corruption, currency manipulation, and the incessant tinkering with stock markets that governments attempt to do, which only makes matters worse in the end.
It is now very difficult to ascertain REAL market conditions, as opposed to murky smoke…
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