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10-06-2008, 06:40 PM | #26 |
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Re: Dow jones -500 / -4.60% level 9865.00
what created the subprime mess *
http://www.break.com/index/how-we-go...rime-mess.html *If you have any background in finance or economics I think you will find this video very funny. Although its a spoof on what caused the subprime crisis nothing they say is incorrect. brightest blessings susan the eXchanger |
10-06-2008, 06:43 PM | #27 | ||
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Re: Dow jones -500 / -4.60% level 9865.00
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10-06-2008, 06:45 PM | #28 |
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Re: Dow jones -500 / -4.60% level 9865.00
This last week the NYSE implemented new rules.
Stop gaps for 1,000, 2,000, 3,000 That tells me they expected this to happen today. Look for a 1,000 point drop today and then trading stopped. Then more tomorrow. The leading indicator for about a week was the fall of silver which leads the markets. My take is that this will take about a week to go down, then they will invoke financial emergency measures, that will then be the excuse for martial law. Last edited by Waterman; 10-06-2008 at 06:48 PM. |
10-06-2008, 06:46 PM | #29 |
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Re: Dow jones -500 / -4.60% level 9865.00
Dow jones -723 / -7.01% and going down
i think this is the start of the colapse?, tomorrow will know...... Dolar - euro 1.34 it would be 2.30 europe is also colapsing..... |
10-06-2008, 06:46 PM | #30 |
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Re: Dow jones -500 / -4.60% level 9865.00
Ladies and gentlemen, the markets are now down at -777 as we speak, just like last Monday! I believe it will get much lower. Stay tuned...
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10-06-2008, 06:49 PM | #31 |
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Re: Dow jones -500 / -4.60% level 9865.00
It just broke 800...
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10-06-2008, 06:50 PM | #32 |
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Re: Dow jones -500 / -4.60% level 9865.00
It is time for buying gold and silver, and to take out your cash from banks, we dont know what is going to happend tomorow
dow jones -788 and going down..... |
10-06-2008, 06:56 PM | #33 |
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Re: Dow jones -500 / -4.60% level 9865.00
Hi ctophil,
The real test will be the Asian markets overnight! They are going to plummet like a shot partridge. Then when Europe wakes up to see what's left of the wreckage, then we may, just may see a 'Bill Deagle'. Best regards, Steve |
10-06-2008, 06:56 PM | #34 | |
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Re: Dow jones -500 / -4.60% level 9865.00
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10-06-2008, 07:01 PM | #35 |
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Re: Dow jones -500 / -4.60% level 9865.00
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10-06-2008, 07:02 PM | #36 |
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Re: Dow jones -500 / -4.60% level 9865.00
If such a thing were to go down, what would be the motive for an event like that? Smokescreen to cover up the financial leaders packing their backpacks and fleeing with everything? I would guess some sort of gain from it would have to be in place for it to go down like that...
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10-06-2008, 07:17 PM | #37 | |
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Re: Dow jones -500 / -4.60% level 9865.00
Quote:
Loved that 'may see a Deagle' lol that's too funny buddy. Dunno about Japan and Singapore but the Hong Kong markets have a bank holiday tommorow, how convenient for the PTB's looks like Europe and US will have the reigns on the 7th. UK media already reporting this as 'MELTDOWN MONDAY' as we speak. When they write the history books maybe they will refer to this period when the markets crashed as...'THE DEAGLE DROP' haha lol. Woooohoooo guys and gals here we jolly well go, "better buckle your seatbelts Dorothy. coz Kansas is going bye bye's"! Best to all - Stay safe people - Gotta get wise and stay alive. Word Up - PEACE OUT |
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10-06-2008, 07:26 PM | #38 |
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Re: Dow jones -500 / -4.60% level 9865.00
if there is martial law there probably doing so in hope that it will scare americans out of rioting, because it's a fact that the american people have more guns than our entire military and that just the registered guns the unregistered guns are estimated to outnumber the registered ones 5-1 and that doenst inclued homemade bombs people probably have or will have come martial law. so unless they plan on bombing the american people they can't win a war agianst them.
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10-06-2008, 07:58 PM | #39 |
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Re: Dow jones -500 / -4.60% level 9865.00
Plausible Scenarios
The crisis affecting the global financial system based on parasitic speculation and usury is a terminal crisis. It can no longer be solved through purely financial and monetary mechanisms and measures. If US authorities only concentrate on this type of measure, then a truly serious collapse is imminent and unavoidable. Plan A (i.e., addressing a relatively low intensity crisis through basically financial measures) - Plan B (i.e., addressing a medium intensity crisis through financial and monetary measures) - Plan C (i.e., addressing a high intensity crisis through geopolitical and miitary measures) - If the US authorities cannot resolve the crisis with financial, monetary and economic measures, and increasing internal social violence and political insecurity were to affect the US and its key allies, then the crisis will go into geopolitical and military mode. If an extended banking holiday is forced upon the Bush administration, freezing banking accounts, deposits, ATM machines http://www.fourwinds10.com/siterun_d...p?q=1223309936 DO YOU THINK Deagle' COULD BE RIGTH? |
10-06-2008, 08:21 PM | #40 |
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Re: Dow jones -500 / -4.60% level 9865.00
People,
The system seems to be melting by the hour. Yes, it might be painful and challenging; it might bring uncertainty and despair. But this would just last for a while, one lifetime at best - and what is a single life time in front of the Eternity each of us is, carries and embodies?! And then again, what does this 'dying' system mean to us? - is it that dear to us? Are we part of it? Do we really want it to be and to continue to operate the way we know it does - and would? Are we for exploitation and enslavement; for the lost of all sense of measure and righteousness? For the silence of all Values and Principles? For greed and indifference? For the methodic destruction of Mother Earth? For our total Spiritual sinking? Certainly not. "Let the Deads bury their Deads!" We bear the Future. We are The Future! One way or another, i certainly won't be mourning the death of the BEAST. Wild Capitalism is in big trouble, so what?! - or, to speak with the words of the honorable member Steve_A:'Bill Deagle'!!!(Big deal!) Cheer up and let's build The Future! - let's Carry the Bill!(Kerry and Bill). RaKaR www.futureofmankind.co.uk Last edited by RaKaR; 10-06-2008 at 08:37 PM. Reason: Further thoughts |
10-06-2008, 09:24 PM | #41 | |
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Re: Dow jones -500 / -4.60% level 9865.00
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10-06-2008, 11:05 PM | #42 |
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Re: Dow jones -500 / -4.60% level 9865.00
You're right, three markets are closed including Hong Kong...
the markets aren't sinking that bad that are open, Japan is down over 3%... Let's see what happens when Europe opens... If the stream was changed enough, by a select few buying up dollars to strengthen the whole market, maybe this isn't going to be black Tuesday after all... Last edited by Rocky_Shorz; 10-07-2008 at 02:51 AM. |
10-07-2008, 05:36 PM | #43 |
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Re: Dow jones -500 / -4.60% level 9865.00
HERE WE GO AGAIN!!!!
DOW JONES -224.53 / -2.26 LEVEL 9730.97 http://money.cnn.com/data/markets/ AND GOING DOWN!!!! |
10-07-2008, 05:41 PM | #44 |
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Re: Dow jones -500 / -4.60% level 9865.00
quit freakin out everybody... its only a four year low... things were way worse inthe eighties... way...way worse!!!
its at about -200 right now.. even if it does crash to 7000 it is still not as bad as we have seen in the past and humanity is still alive.. |
10-07-2008, 05:53 PM | #45 |
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Re: Dow jones -500 / -4.60% level 9865.00
Fed Enters Off Balance Sheet Credit Default Market
Today the Fed entered the off balance sheet credit default market and plans to buy unsecured debt instruments in order to cure the problems caused by off balance sheet credit default derivative buying in the form of non-performing failed counterparty credit default derivatives. This appropriately named toxic paper will be purchased to an infinite degree. The Fed does the same to cure the same. The Fed actions today declare the bailout bill a non-functioning pile of pork. This infinite production of paper dollars will kill the dollar Gold will trade at or above $1650. The Dow is thumbing its nose at the infinite amount of money being dropped by rising 150 points and coming back to even. Modern day Weimar here we come! http://jsmineset.com/ |
10-07-2008, 05:56 PM | #46 |
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Re: Dow jones -500 / -4.60% level 9865.00
Yes, what good does it do to get all uptight. The market went down yesterday, and rebounded up. The market climbs up and down on the best of days. During this time of market instability it may make steeper climbs and dips, but the roller coaster ride is still running. When it stops, then it's time to get off. At the end of the day, when the markets close, then look back and see if the ups and downs were as bad as you thought they were. Maybe, maybe not.
Hang in there. Nancy |
10-07-2008, 05:58 PM | #47 |
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Re: Dow jones -500 / -4.60% level 9865.00
We recommend the Blocked Pipes article as it clearly explains the concerns that we have had for years about the banking system of the world. After reading the Blocked Pipes article, you can see why we remain pessimistic about a rapid recovery of the world banking system.
http://www.economist.com/displaystor...ry_id=12342237 |
10-07-2008, 06:07 PM | #48 | |
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Re: Dow jones -500 / -4.60% level 9865.00
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10-07-2008, 06:14 PM | #49 |
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Re: Dow jones -500 / -4.60% level 9865.00
ive just been watching the dow jones nose dive on the news. It sure is going down hill.
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10-07-2008, 06:21 PM | #50 |
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Re: Dow jones -500 / -4.60% level 9865.00
Russia Buys Iceland 1) the major banks in Iceland had failed. The Icelandic government had rather foolishly, but out of necessity, guarantee *ALL* bank deposits. This had developed prior to this morning. What occurred this morning was the announcement that the banks in question had deposits that ran several times the Icelandic GDP. 1.a) Subsequently, *after* being informed that the EU will not/cannot help them, the Icelandic gov't has turned to Russia for assistance. Russia has agreed to provide the Icelandic gov't with necessary funds of sufficient amount to help them out 'for a few days'.
EU Splinters 2) a meeting in France this morning of the EU official 'finance ministers' was a dud. It was such a dud as to produce a sudden, precipitous change in language around the whole of the EU as a context within our modelspace. This single meeting may be the actual pivotal point for the EU as an organization of nation states. Basically what happened is that the EU politicians in the meeting agreed to take actions which are /were meaningless, such as a 'deposit guarantee' that is now raised, but still is far less than any of the member countries individual deposit guarantees. Thus effectively taking no action at all. Further it is rumored that the attendees of the meeting expressed agreement with the idea of *not* coordinating rate cuts with the Federal Reserve Bank of the USofA. This likely will be seen in the future as *the* moment that the EU began to only crumble back into Europe. RBS Clearinghouse 'failing' 3) The Royal Bank of Scotland reportedly, this morning, begun seeking a 'recapitalization' so that they may continue their clearinghouse functions. The story coming out via rumors is that RBS is/has run into liquidity issues regarding their ability to handle transactions from other banks. This is also, according to rumor, affecting the currency trades globally. There is now some small substantiation that several of the governmental agencies approached have 'kicked the problem upstairs' as being beyond their ability to accept. http://www.urbansurvival.com/week.htm |
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