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Hong Kong Hang Seng Index Crash and Burn Down Over 7%
08-09-2011, 05:06 AM #1
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011
08-09-2011, 08:21 AM #2
Kreeper Griobhtha
Posts:11,087 Threads:770 Joined:Feb 2011
I came here to post this and got distracted.


Looks like the bottom is falling out.

Sell shit, fast. Quickly. Then buy gold. When the market hits rock bottom, buy tons of stocks from the strongest companies. When the prices rocket back up, sell again and go back to gold.

Play their game and you can win too.


What politics from both sides wants to teach us is that things are never complex. If you have your little package and something doesn't fit into that package, You don't know what to make of it so you want to dismiss it or then you will have to do the work of reconsidering your assumptions. - Michael Malice
08-09-2011, 12:45 PM #3
Shadow Incognito Anonymous
Germany's taking a beating this morning, 5.2% down and falling. Off 17% in the last 5 days. NY futures dropping badly too, they were up earlier.

08-09-2011, 01:22 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011
Bernanke’s chief international adviser jumped ship today. damned.gif The Fed, in a statement today in Washington, didn’t say why Sheets, 46, is leaving the institution.
Sheets is leaving as European leaders take action to avert a widening of the continent’s sovereign debt crisis and U.S. officials gauge reaction to the Aug. 5 downgrade of the country’s AAA credit rating by Standard & Poor’s. The Federal Open Market Committee meets tomorrow in Washington.


Rats jump ships sink?


08-09-2011, 01:27 PM #5
Shadow Incognito Anonymous
(08-09-2011, 01:22 PM)JayRodney Wrote:  Bernanke’s chief international adviser jumped ship today. damned.gif

Oh boy...
08-09-2011, 01:34 PM #6
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011
I know, I'm somewhat horrified looking at these events transpiring. There are certain things I don't understand, in the PM market platinum fell below gold. wtf2.gif

Never saw that happen before. 13.gif Telltale signs this whole charade is coming unglued.



08-09-2011, 01:45 PM #7
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011

coffeetime.gif I see the Fed is meeting today..... QE3 is my prediction, they print more worthless fiat in the final phase of the controlled demolition of the US economy.The irresponsibility of those who are supposed to be in charge is overwhelming.
Proving once again "professional politicians" know NOTHING about economics. On the opposite side we have the Fed, who knows everything but is doing their damnedest to do all the wrong things. 13.gif fuckers


08-09-2011, 01:52 PM #8
Shadow Incognito Anonymous
Yeah QE3, only way the US markets will pick up but China won't take it. Look at the nice head and shoulders on the 5 day chart damned.gif


Then silver down $0.50 and gold up $50.00 wtf is up with that? dunno.gif
08-09-2011, 01:58 PM #9
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011
dunno.gif Having a difficult time making sense of the PM markets. Gold is jacked up like the Annunaki are going to come back tomorrow. 37.gif


08-09-2011, 02:33 PM #10
Shadow Incognito Anonymous
And the next step to collapse

S&P Cuts AAA Rating On Thousands Of Municipal Bonds

08-09-2011, 02:50 PM #11
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011
I'm at a loss honestly, things are so volatile at the moment that I can't even see where this is going. Disturbing as hell. dunno.gif Going to consult with some sages and soothsayers. 13.gif Not many of 'em in the yellow pages.


08-09-2011, 03:00 PM #12
Shadow Incognito Anonymous
Consult these pages rofl.gif

08-09-2011, 03:06 PM #13
Octo Mother Superior
Posts:41,367 Threads:1,583 Joined:Feb 2011
chuckle.gif We already did

Look how well the Helsinki market is doing, up over 2 % already. Just look at it. 13.gif

JR Wrote:Rest assured there was no divine intervention from the EU or Finland, corrections like this happen all the time rofl.gif


lol.gif pop2.gif
08-09-2011, 03:10 PM #14
Shadow Incognito Anonymous
(08-09-2011, 03:06 PM)Octo Wrote:  chuckle.gif We already did

hi5.gif hug.gif

I ran across the little bit of info the other day that pensions by law have to be invested in AAA rated securities. Howmany pension funds hold munis? Or treasury bonds? So what won't S&P downgrade and who owns it....



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