U.S. has plundered world wealth with dlr -China paper

Why does this guy on CNBC keep saying we are "more that 450" down in the futures???

Is he trying to not say that we are down 550 and have hit the limit?

Could they be trying to understate the situation?

reply to post by BluegrassRevolutionary


because "fair market value" is ~100

So it balances out to 100 less than what the futures say

So DOW fair value is still -459...

And Europe is a mess.

DAX is at -11%...

Most of europe between -7 and -9%...

Futures frozen. Dow futures and SP futures.

What the FED will do?
Will they halt trading for the day?
How low will it gets?
What monday will look like?
Will world markets panic and dump the US dollar?

"today is likely to be a day experienced rather than understood"

Guy from Raymond James just said this on CNBC.

The Raymond James guy just said "there have been some wrong footed moves from Hank Paulson and the Illuminati, if you will"

WTF is going on?????

reply to post by BluegrassRevolutionary


They are saying what's going on... but the guy is wrong. This is planned.

reply to post by BluegrassRevolutionary


Ahhh, it is so comforting watching the tin foil turn into a 2x4

Originally posted by Vitchilo

doing it on purpose.... EVERYONE knows that the markets are based on confidence... and he's destroying it.

[edit on 24-10-2008 by Vitchilo]

Originally posted by Vitchilo
EVERYONE knows that the markets are based on confidence... and he's destroying it.

[edit on 24-10-2008 by Vitchilo]

Excuse me, I don't know that markets are based on confidence. Anyone else not buy into this confidence scam? If they are, then that sets up the people for this scam. Yeah, everything is rosy, let me into your pocket... No, the markets are based on actual sound business, profitable business. Confidence results from that, or from lies. False confidence. The whole system right now is based on scams, like the massive reliance on, and counterfeiting by the bank monsters. That is just plain bad business, to rely on counterfeit money. The lack of confidence right now, is deserved, because it is all true. They should NOT have confidence in confidence men, and counterfeiters. But the government is not addressing that actual core cause and problem. Instead, they will simply work hard to restore the con. They have been bribed by the PACs, and the threat of involuntary suicide, like Vince Foster.

Originally posted by BluegrassRevolutionary
Why does this guy on CNBC keep saying we are "more that 450" down in the futures???

Is he trying to not say that we are down 550 and have hit the limit?

Could they be trying to understate the situation?

No, actually the DOW is only down, at it's lowest, half of what is required to shut down trading. And it is not just individual investors anymore. It is dominated now by huge traders like hedge funds, and large financial groups. It is being advised to sell half of your stocks, then wait for the bounce back up, and sell the other half. Any cash left in the bank will be inaccessible, so get some cash, and get enough food and supplies to last you a short time. Some cops like Kwapp would also seem to necessitate having some arms, perhaps a .50 caliber S&W pistol, unmarked, unregistered.

If the dive is coming today it is going to happen at 3pm est usa. At this time there is NO closing the market till close! I am waiting to see what happens the closer we get the more its going down its at like 446 down right now.

The facts that made the American currency number one, is the stability of our government. Other countries, particularly China, or even Russia, could have another revolution tomorrow. They oppress the citizens in a more brazen and open manner. We still are under the delusion that we have a democracy. So we are not likely to revolt anytime soon. China is now free, economically, but not at all otherwise. Russia is a mess, and is tending towards socialism now. People get involuntarily suicided(is that a word?) here, too, but there it is more open murder. We are, no matter how the other governments envy us, still more stable, and nothing they can say can change that.

I just realized, I am kind of watching the stock market as I surf, and the world markets are collapsing. Here, it was down half the amount required to stop trading, but it is not 1929 today. Much money is flowing into Treasury Bonds. If our dollar is no longer safe, why? Because it is still the best bet, to keep your dollar intact. Gold pays no dividend, just on hold. Of course, as the price rises from increased demand, you can profit from that over inflation, but there is a lot of fooling around with the gold markets right now. Like Ft. Knox 'renting' out much of its' gold. The dollar is still safest, in my unprofessional opinion.

The market is way off it's low.

I can't help but wonder if investors with all the big cash (taxpayer cash of course) are simply buying for the sake of buying...for the sake of saying "hey our market did ok"...

Today is sheer insanity.


AB1

Hate to tell ya, but there is an awful lot of "fooling around" with Treasuries too

See this thread

I got a chuckle over this one..... I agree that once you start to see the US dollar dive..... it will be interesting to see if it ever stops. Here's to hoping it won't happen, cause it doesn't matter where you are, it'll suck.

Originally posted by redhatty
Hate to tell ya, but there is an awful lot of "fooling around" with Treasuries too

See this thread

Ahh! I didn't know that. Thanx for the info. I just found out yesterday that people are buying stocks from naked shorters, and don't really own them. Like selling a car with a forged pink slip, that you don't really own. Next question; why are not these con men/ thiefs being jailed? Because they are wearing a suit and tie? I think I will stop wearing my jeans, and start being immune to any laws by wearing my suits. So question, where does a person with assets put them? Into physical gold or uranium? What a hassle to be rich.

This week, it has been presumed the hedge funds will be selling-off by about 50%. In the last 2-3 weeks, it has only sold-off 5% and we have seen how many thousand points of Dow Jones points that has amounted in.

The speculation is this week, or next, the hedge funds will begin their massive sell-off and the stock markets will be closed for a period of time. Trillions of dollars could be erased from the global economy as they do this, and reposition their cash into commodities like gold. The ultimate effect, the U.S. dollar continues to plummet.

Would China demand immediate payback of our trillion dollar debt, since there is little confidence we could EVER pay them back?

Would their be a run on the banks in the next week or two, as this happens?

Will the stock market drop to 2,000-4,000 as some have predicted?

Will elections be suspended if this begins at the end of this week, or start of next week?

Lots of questions, but lots of answers needed so the common people (like me) can start planning appropriately.

reply to post by MOFreemason


Hedge funds believed, after the Olympics, the Chinese would exercise their sovereign wealth capital to purchase institutions and address the stock market too.

China didn't.

The economic stimulus package presented by China - to aid world growth - will involve expanding infrastructure and bringing more Chinese out of poverty. India will be implementing the same stragety.

Therefore, these hedge funds have little or no opportunities to invest because China said "no thanks guys." Beijing's unwillingness to strength their financial markets has effectively terminated numerous hedge funds. Shanghai Index has lost 60% of its value this year, investors thought China would help bottom the market and kick-start a bull market.

Again, China said no.

Hedge funds, again, have no opportunities in the Chinese stock market. How about real estate? No, the Chinese government are easing the boom and slowing growth down to a steady rate (in order to prevent a bubble burst.)

That's why many are liquidating.

I just learned yesterday, then found a thread on here, about the court case that found Baraq Hussein Mohammed Obama as foreign born, and not eligible to be president, according to the US Constitution. Perhaps this is the news that would come out in 72 hours. We could possibly have a revolution in this country, instigated by worshippers of Barraq thinking this is all politically motivated lies. Then the dollar would indeed plunge. So think, what could happen then?