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Alessio Rastani Makes Prime Time TV Circuit
The "BBC TV" trader, whose clip Zero Hedge first presented to the broader world and has since become an internet sensation with well over 1 million views, has just made the prime time TV circuit with a first stop on CNN. Here is some more of his story.
Jim Boulden has more:
Firstly, Rastani is an amateur trader using his own money (as a "hobby", he has told other media) and he's not registered with the Financial Services Authority to trade other people's money. He doesn't claim otherwise, but there was a feeling after his first interview that he was some sort of suit from the City or Wall Street giving sage advice to his clients.
He does or can have other clients though. His website calls him a speaker and trainer of others who want to trade.
In my interview, Rastani said he does trade being prepared for a recession, but that as a "human being you don't want it. As a trader you think differently. You're going to have volatile... conditions to make money in that market."
He also said he was a religious man. He was also clearly nervous about the whole affair and was undecided for an hour to whether he should actually sit on our set for the interview. He said no a few times, before we sat down.
"The question is, why are they paying attention to this?" he asked. "In my opinion somebody out there doesn't want my voice to be heard and they want to attack me and damage me."
He talked of the 'Big Boys' being desperate to keep people like him from talking about the coming economic storm.
He admits there may be a book in the works, but one that focuses on traders whom he admires.
When I asked him if he was for real, he said he would not say things about the markets he did not truly believe. When I asked him if he is a member of the so-called "Yes-Men" who have faked TV interviews in the past, he would not say yes or no. "Let people believe what they want to," he said.
To my mind, he should have been touted up front as a guy who has strong opinions on the markets, but certainly not as a 'trader' or "investment adviser" in the classic sense. That does not make his view any more or less valid but, with that preamble, I don't think it would have gone viral.
Full clip:
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so the guy pretty much states the obvious, of just about what everyone here already knows and he becomes an interent sensation.......crazy times indeed
But he did it on the Beeb, an organization so tightly controlled, they can report on a building collapsing before it even happens.
And get away with it.
Now, they are trying to get away from Rastani's truths. Far, far away.
So this is psy-ops? BBC knew he was a flake, put him on the telly just to discredit him and have the masses think that anyone talking doom-and-gloom must have either (i) a hidden agenda, or (ii) be nuttier than Dr. Ron Paul? That's some kind of plan!
Whoopie. Another no name comes out with gloom. Big whoop.
Too late to reposition, sukkers!
Physic my snipe!
Sex, lies and videotapes. Fuck it, everyone is supposed to be running around begging Helicopter Ben offering them Perpetual QE BY NOW.
I want QE. Hell, bring loads of it. Collapse this farce of a system. When it's gone, we can try something novel... like the democratic republic our forefathers envisioned. God knows we don't have one today.
PRIME TIME PRIME TIME PRIME TIME PRIME TIME PRIME TIME!!!!!!!!
CNN CNN CNN CNN
don't even know what channel it is here. Go to an airport.
Brilliant Tyier Durden
personally I think Tire Durden would work as well
then there is Tiler Durden .... master of ceramic, marble, granite and linoleum.
Where is TD-1? The third string has been on all day.
I want my CapitalContext update! Totally addicted....
conformation bias requires it.
Double Ditto. No updates on their site in a while...
Whether you agree with his viewpoint (which I do) has nothing to do with whether he presented those views in an honest manner. This guy acted like he was something he is not.
With that said I agree with him and I have been waiting years for the house of cards to collapse. I hopw the GDP number tomorrow doesn't incite the crash because I haven't gotten short again since I covered last Thursday.
Oh, I agree alright. It's just calling CNN a channel I object to.
Next it will be that LewRauls webpage, or whatever it is.
shhh...
...stealth QE...
...& it's a secret!!!
hey Slew - get after that fake Tyler who's posting under TyIer Durden
it's probably just alex_ander_haig...
Rastani is going to be famous longer than 15 minutes! Tyler, you unknowingly just made his career!
well, yeah, rasta_ni's getting some amperage
but tyler may have had his wits about him, too, D_; i thought he called this all the way, myself
Yea Slewie...Maybe it's all part of the plan! Something's happening out there though...I certainly don't believe Rastani is a payed shill for the PTB...You woulden't see this type of reaction otherwise...Too spontaneous...
doesn't matter
who could know all the permutations on something like this; i just think tyler (zH) knew what the dynamics were when he put it up
it's almost too funny: man speaks truth, bites dog, BiCheZ!!!
Maybe Erin "B-Cups" Burnett can get a shot at interviewing him
She still around?
A cups moved onto the (C)ommunist (N)ews (N)etwork to be with her fellow travelers after it became common knowledge she is a member of CFR whose published aim it is to destroy American sovereignty. That's an asset at (C)ommunist (N)ews for(N)egros in the atl.
When Joy Behar carries it, please don't let me know.
Wow!! Just cant believe the headlines I'm seeing today. 'bully trader', 'amateur', some even call him a 'fraudster'...
His message from the first interview as well as this one is not really shocking and alarming. What should be alarming is the reaction of the media and all these other clowns and their pathetic way of "misunderstanding" the obvious that has been said.
Background checks about the guys past, this bullshit about morality. Is the situation so bad already that they are that desperate??
I'm gonna need more silver!...
Funny how the rest of us have said this for this last 2 fukking years, but this guy makes it immediate?
All traders are amateurs at trading and addicted to luck in any game with perceived probability outcomes based on information or rumor. Just ask any machine that front runs them day after day.
Yes, hold that NFLX down to 20.
I heard it on Garry null before you guys posted it
he's got a bigger audience than zh
sounds like a whole buncha new fangled lies
.
hang im
Ain't credible til LIESman uses it.
cnn?!? he's definitely a heeb.
Was the BBC's trader from hell one big hoax?
http://www.telegraph.co.uk/finance/economics/8792829/BBC-financial-expert-Alessio-Rastani-Im-an-attention-seeker-not-a-trader.html
Sure theres more to this guy than meets the eye. He's obviously an attention whore, but then again, who cares?
Keep in mind Jim Cramer has millions of idiots listening to his every word thinking that they're getting some sort of legitimate investing advice. And he's wrong about 99% of the time. Blind squirrels and all the rest...
Boo-Yah!!
Dispute the millions claim, but no way to prove it.
I agree with most of his message. Making money by shorting is nothing new. So what if he is excited and happy about the trade?
But how did a no-name trader get on BBC in the first place? He must know a producer or someone else.
Exactly. There are plenty of legit pros who think that shit is hitting the fan. The fact that they would use this guy is puzzling, at best.
It's probably more of a reflection of how unknowledgably about the markets the booking manager for that time segment of the BBC is. "Ohhh, he's makes his living trading?!?! Let's get him on the air!!!" Ugh.
i swear i looked up his youtube page yesterday and it had this cheesy video: http://www.youtube.com/watch?v=29hCX2lZKJc.
now, his name is all scrubbed from the channel?
doom-and-gloom delivered in a rather fetching wrapping.
why mention God in the cnn interview? (i cannot recall any similar occurence.)
what's up with the james-deanish delivery?
one adjective for (most of) the global powers-that-be: integrated.
Actually, here is a cheesy video. Trust me.
http://www.youtube.com/watch?v=hWaLM-h5BrM&NR=1
Better sell EURUSD before 3am.
You could buy USDHUF.
In at 214.7, it's carried over.
There are enough legit professionals who think that the world will be going to hell. Why the hell would the BBC get a hobbyist trader to comment on it? Bush League.
This guy is a dumb ass who some how got onto the BBC. I'd love to find out how he got onto the BBC. Actually he is no different than 75% of the other talking heads on any main stream media business show. Look for CNBC to hire him soon.
You guys are right on. I mention gold to almost anyone and they look at me and ask. Can you buy gold here, and how? Really upsetting that I have been trying to get my older brother into gold ever since my first purchase years ago. He just laughs and says I am not worried, "the stock market always comes back and goes higher". What does one say with that kind of thinking.
Besides, I am the punk young brother, (who is retired, lol).
I always find it amusing when some 60 or 70 year old thinks he's seen everything. Yeah... Like 70 years means shit in the scheme of things.
I compare him to car mechanic.
If my car breaks, it gives an opportunity to make money to someone repairing it.
Is it immoral for him to make money because of my demise? No.
Is he happy if my car breaks? As human probably not, but as car mechanic surely is.
The same counts for Alessio and ZH goldbugs.
Sentence for the new day: for a pessimist, future may only fulfill his expectations, or surprise him positively. Optimists have much harder live.
Market Pulse Archives
Sept. 28, 2011, 6:27 p.m. EDT
H-P hires Goldman for potential defense - reportAhh, that will work out well. Trust in GS.
Germany, ZDF, Heute-Journal, absolute Primetime. First appearance: Alessio Rastani!
http://www.zdf.de/ZDFmediathek/hauptnavigation/startseite#/beitrag/video...
LOL, what a guy, Respect Man!
Yes history will repeat itself...
Learn from it!
Examining the past – Déjà vu Again?!http://www.bostonwealth.net/2011/09/24/18958/
Whjy the hell ZH can't call 'vacation' or sick day is beyond me.
That I could understand. But letting interns take charge is too MW for me.
And where did you hear it first?
Nothing more to say.
Donate when you can. Gotta keep the truth flowing.
He Recommended treasuries enough said....just proping up the dollar with fear
Uh-oh...
Link
http://hosted.ap.org/dynamic/stories/E/EU_GREECE_FINANCIAL_CRISIS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-09-28-14-54-56
Tee-Vee sensation Rastani
Claimed he once worked for Mayor Giuliani.
When back in New York
He doled out the pork,
But for him, it was always pastrami !
It's pretty funny to see all the outrage among my friends and acquaintances on Facebook over this guy who thinks almost the same as I do. Just goes to show that the masses are still a long way from having any clue what we are talking about. They think we want to profit from their suffering. They don't believe depression is even a possibility, and if they did, they would be all for whatever megabailout plan Obama would come up with. Okay there's one Ron Pauler, out of a hundred.
My latest blog post, explaining why Merkel wants to renegotiate the Greek bailout plan into a managed default with continued Eurozone backing to avoid Greece leaving the Euro.
http://how-to-trade-armageddon.com/2011/09/28/germany-nudges-greece-towards-default/
Roubini connected with the mass consciousness for about a month back in 2008. But they quickly went back to their narcotized state: the stock market was the opium of Reganomics.
But now, 3 years on, things are very different. People can't deny away their pain and anxiety anymore, and there's now a critical mass of frustration adn anger. It's not a joke this time and people are not so dumb that they don't realize that this time IS different: we're not going to have a cyclical recovery/expansion that normally follows a deep recession. That is a deal breaker
Ya, I was one that he connected with for a couple months. When he wrote "Eight Reason the Mortgage Crisis is Worse than they say" He really nailed it. In 2008 before anyone was saying it. One reason was 'All the banks are really insolvent"
But as you said, he doubled back to the fold, and I stopped reading him.
I remember. I loved it when he said that ALL the bulge bracket broker/dealers would not be able to continue to operate under the old business model.
Then the MSM mounted a clever defense: own him. They started inviting him on for intervies and labeled him Dr Doom as a clever disinformation smear. He even hated it at first (until it made him a rich celeb).
Well being the silly daft bugger my name implies.. a couple of years ago I wrote to Nick Clegg deputy Prime Minister in the UK. I sent him an email stating that I thought MI6 and the intelligence community should be all over Goldman Sach's like a rash and that these banksters were the biggest single threat to our country and it's well being.. I got the standard fob off reply thanking me for comments and that they would be considered in due process etc...(I still have copies)..
Every so often I dare to believe they might be doing something .. Specially when we started seriously poking Mr Murdoch in the eye.. ie the elite are not beyond the law and a close partner indeed of the banking elite was Mr Murdoch.
This airtime for Mr Allessio also made me think some one with a heart want's to let Joe Public know what's going down..
UK has been a fantastic country for so many to be sold out by so few,,,
Scuse the ranting of this misguided optimist....
Keep on fighting the good fight
Alessio Rastani is no different from you, I , or any other ZH reader, he speaks his mind so good luck to him. Power to the people who question the status quo and recognise the Kleptocracy for what it is.I like how someone has updated the list of kleptocrats on the kleptocracy Wikipedia entry. Guess who's on the top of the list!
http://en.wikipedia.org/wiki/Kleptocracy
That was just toooo good!!!
" early 2004, the anti-corruption Germany-based NGO Transparency International released a list of what it believes to be the ten most self-enriching leaders in recent years.[4]
In order of amount allegedly stolen (in USD), they are:
That list is so rigged (except for the pirate edit of the FED of course)...
Sometimes you have to sit back and marvel at how many clueless idiots run Wikipedia.
Hard to put truth back in the bottle after it comes out.
I think we are on the cusp...of an economic collapse and a mass realization of what the truth is. All that spells excellent news for Gold and Silver.
Yeah, kind of feels that way doesn't it.
Sockeye
Got it in one, check it out folks.
Sheet first time I've put out a double.
But hear this, Kleptocracy is the point and I have no idea how this snuck up on me. Oh Shit.
Hey I'm about to go viral as an Alessio Rastani impersonator!
Rastani vibration, yeah!
"Were gunna chase those crazy baldheads out of town"
if this guy is just a nobody then how did he get on bbc? somebody put his name in the hopper, no?
anybody questions Wulf's qualifications? How about Piss Morgan? Or the little swishy Anderson Cooper?
Fuck CNN
i feel sleazy just watching this guy
just another gambler rolling the dice
New post http://thethoughtfultrader.blogspot.com/
He is the BBC's Rick Santelli. Obvioiusly what he said resonated. It must have hurt when he kicked the squids in the nuts. There is no evidence he is wrong about an economic shit storm coming, on the contrary. Even Benanke said that things are difficult to control and Geithner said there would be no downgrade for the USA.
If Restani is just another nobody, and even he gets it, what does that say about the tiny brained CNN and CNBC? Clue: it says they are the ecnomic reality cloaking devices.
Maybe CNN should interview celebrity retard Ashton Kutcher and ask him why he is also preparing for economic Armageddon. Even the mentally challenged get it, so why can't CNN?
He took some fashion advice and lost the pink tie. The new look is more serious, yet earnest with the loose red tie. It's what politicians do to look sincere - like a "man of the people".
This guy is very concerned with how he appears - and the MM likes that. The wouldn't put scary revolutionary looking trader on because the looks would ruin the message. The message is collapse.
The guy looks credible to sheeple.
The medium is the message.
The writing's been in one billion point font written in neon orange and purple on the wall since 2008.
The truly prescient saw it much earlier. I don't have to name names bc one is a presidential front runner. His name is unmentionable. He who can't be named who can't be elected, until he is.
Agree!
And in both cases - or perhaps nearly all cases, anyone who speaks the truth is immediately made a target for character assasination.
In fact - given the whole X Files feel from the mass media - all they need to do now is have the Feds 'raid' his house and 'find something' http://youtu.be/rPzldIWBSa0?t=1m1s
Sham Show... I've got a book, but not yet, but soon? Fuck off...
There is something about this fella I really like. I believe strongly in my perception of people and this fella is for real. Compare this fella to someone like Bill Clinton. After the first sentence out of Bill Clinton's mouth I knew he as phony as a three dollars bill (no pun intended). This fella is refreshing and honest so we won't be seeing much more of him on the worldwide establishment media, but I think he will turn up again sometime, again in a very favorable light.
So, he is bait, without a doubt.
it will seem as confirmation, especially to gold bugs and permabears [zeroes...or zeroids] when october brings the obligatory hallow's eve scare. the world comes to and end, all retail trade bails the market and invests in CD's, and emergency food and batteries sell for a premium
perfect setup for the real GS et al to go way, way long the usa market.
this vid is much better deserving
http://www.survivalblogs.com/financial/gold-isnt-back-by-dramatic-pause-...
"the usd will still be around a year from now " is a good line
i seriously don't get what the big fucking deal is about this guy.
novelty, mama. you know the attention span of.......... [whoever]
To paraphrase our newest celebrity....
Banks will kidnap, rob and rape you repeatedly, and will eventually dump you out of a moving car, far from home, naked, disoriented, hungry, and and begging for help. After you recover, buy some bonds.
Purchase additional items now to prevent a repeat of above scenario.
You've been warned.
He did call 26.40 AG a few days before the smash. Hope he banked that one
I don't think I have ever heard as lame an interview as this. I compare it with Larry King interviewing Dolly Parton. Two dumb worlds colliding.
This guy still keeps proving he is an asshole.
CNN has proven that it now has someone dumber than Wolfe Blitzer. Ted, can you use an old chit and send this along to the CNN management for cripes sake !!
I can't wait to read the book, "How a Loser Day Trader Proved He Was An Asshole Too". Forword by Tonya Harding.
Next...
How much longer until the jews at 85 Broad St take themselves private and crawl back into the swamp?
http://assets.nydailynews.com/img/2009/06/23/alg_goldman_sachs.jpg
"DING, DING, DING, DING.....!!!!" The bells are telling us the 15 minutes (of fame) is up on this 'trader.'
You've been Rastani'd!
"As Denninger says, the rest of the fiat currencies have AIDS, but the dollar only has the clap"
It's the opposte that is true. But drum up the Euro's problems and the USD will be the last man standing.
What's with the suggestion that CNN represents 'Primetime' TV but the BBC doesn't?
Give me a BBC interview anytime over CNN.
If all it takes to get famous is to make clever surly trader comments with a bearish bias, Tyler should have gone on TV a long time ago.