25 votes

Here we go again. SHTF time again.




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SteveMT's picture

Ugly market at -450.

Glad for the People who are out of this mess.

Michael Nystrom's picture

Here we go again

.

'Always be yourself. Everyone else is taken.' - Oscar Wilde

SteveMT's picture

The supposed gains from yesterday have been wiped-out.

The brokers always think long-term when this happens after all of their short-term thinking. I hope that they enjoy the ride down to hell.

bigmikedude's picture

What gain?

Lol

So much for that 400 pt rally on the Fed's interest rate comments....

DJIA and NASDAQ playing copycat.

Or is this the plunge protection team at work?

Free includes debt-free!

SteveMT's picture

Same money, but different printing presses.

I believe in miracles, but this happening in the last hour of trading was beyond ridiculous. It was the PPT, IMO.

I'm thinking Viera has a practical solution

Competing currencies on the State level.

The only thing a global currency does is make a bad problem even bigger.

Free includes debt-free!

At some point during tomorrow

they expect a crash.

Scary. We could easily see

Scary. We could easily see Dow<10K as soon as tomorrow depending on FOMC meeting results.

SteveMT's picture

China market opens down 6.25%. Big shoe dropping here.

We are witnessing a world-wide global collapse of epic proportions.

Nikkei down also (still)

.

SteveMT's picture

I think that you mean China, now at -7.7%

Japan is at -4.5% from what I'm seeing.

No worries. This is still a disaster either way.

The door is wide-open for Ron Paul for make politic hay out of this disaster.

Michael Nystrom's picture

Here's the list

At Yahoo.

Bad, red, ugly.

'Always be yourself. Everyone else is taken.' - Oscar Wilde

SteveMT's picture

DOW futures are already down 230

God, gold, food, and guns are what's important now.

Imagine none of happening if Ron Paul had been elected in 2008.
Alright, now back to reality.

-335 now

Going fast!

Solar Flares

One thing I've been watching with interest is the correlation between solar activity and large scale effects on society. I remember there was increased solar activity around the time of the Vancouver riots for example, as well as the Japan earthquake (although that's more of a physical effect than psychological). Now again we had a big solar flare at the end of last week and we now have economic tumult as well as the riots in London.
Might be just a coincidence, but keep a lookout next time a big solar flare is announced.

Here we go then...

Sun Erupts with Largest Solar Flare of the Cycle
http://www.universetoday.com/88053/sun-erupts-with-largest-s...

Michael Nystrom's picture

There is a lot of additional incoming energy

It has to go somewhere...

'Always be yourself. Everyone else is taken.' - Oscar Wilde

SteveMT's picture

All Asian markets are down 3-5%; China is yet to open.

Ouch! One side of the world is reacting to what is happening on the other side of the world...in a death spiral so it would seem.

Free Market - gotta love it

The government can spin and lie all it wants, but in the end the free market knows the sound of s*** hitting the fan.

We hear it. Wall Street hears it. Does Main Street hear it yet?

SteveMT's picture

This crash could not be happening at a better time for Ron Paul.

15 months before the election, everything done by Obama implodes the economy enabled by both the Federal Reserve and Treasury. Wars that never end are shown to be contrived hoaxes of the military-industrial complex. States are going bankrupt, the dollar is being debased to nothing, People's retirements have been wiped-out, and inflation is here with a vengeance. Medicare, Social Security, and Medicaid are all bankrupt. Gold and silver have become the safe haven monetary systems of the world. All of this was corrected predicted by Ron Paul.

Economic crash = Ron Paul elected president 2012

This seem fitting to place

history of Dow's worst days. Just remember mama said "there would be days like this." lol

http://news.ino.com/headlines/?newsid=6898004688401

http://www.youtube.com/watch?v=WQlImg2bm28

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Oh s#*t...

Dow is at 10,000s right now.
Now Bernanke is gonna start a QE3.

THEN WE'RE SCREWED!

S & P

down 6.66% - hmmmm...

you can't make up this stuff., lol

Our Economy is Fine!

Gold is only up $500 for the year.

No biggie. Dave Ramsey says that gold is a dumb idea.

Yeah! Peter Schiff is a idiot

Yeah! Peter Schiff is a idiot too while your at it. Gold is in a bubble! Invest in housing while prices are cheap.

haha, poor Ramsey

emalvini's picture

Its called The "Plunge Protection Team"

Obamas Economic Czars...HA!

No circuit breakers after

No circuit breakers after 2:30pm