2011 Global Stock Market Collapse Watch

The price fixing in the Silver market today seriously needs to be investigated, talk about obvious to the whole world.

Who's doing this, the US Treasury or J P Morgan et al ???

Daylight robbery of Silver investors potential??? profits.

Cosmic...

Originally posted by Crakeur
reply to post by Cosmic4life

 

as I said earlier, there's no rhyme or reason to the markets anymore.

I would tend to agree with you. The markets make absolutely no sense at all since QE1...pretty much nothing is as it seems and things aren't the way they ought to be. I think that is the result of building markets based on lies and injecting trillions in bailout monies into a system that is fundamentally flawed is the obvious reason.

All I will say is this...The US, housing markets were getting worse while more foreclosures were being seen and the jobless rate was rising ~or~ the quality of jobs had been decreasing along with the pay, and, the criteria for being considered jobless is nothing short of criminal.

S&P Closed down 6.66%

Coincidence, sign from God/Satan, or a sign of fraud/manipulation?

I saw this picture floating around on the web.

[atsimg]http://files.abovetopsecret.com/images/member/aada78fe078c.jpg[/atsimg]

Then add todays losses into the picture to....(today was worse, I believe)

reply to post by buni11687


That picture is very telling. If we do not learn from history we are doomed to repeat it. Same game, different players.

As Ron Paul said, we will default at some point and it would have been better to have done it now. The only thing that can and most likely will happen at this point is the total destruction of the dollar. You hear it with Greenspan spewing "we can ALWAYS print more money" (inflation) and with China shouting from the rooftops that the dollar is dead.

Folks, my prediction is that by end of 2012, the United States will have a new currency. But first, the dollar must be destroyed, hyper-inlation hits once again and social unrest is the norm. Guess Obama and crew will want to blame that on the tea party as well.

Those threads about the Amero probably aren't too far off the mark.

reply to post by buni11687


today was worse than the two days combined.

Have to take a break from this head home and spend some QT with the family. I'll be back on around 7pm EST to watch the Asian markets open. Maybe our fortunes will change

CNN just said over 1 trillion dollars were lost today, just in US stocks. Im not sure how much was lost around the world. Combine todays trillions in losses with friday and thursdays losses (I think it was somewhere around 5 trillion on thursday), incredible.

Asia markets open in a few hours. At the moment, I dont have high hopes for them.

reply to post by Crakeur


Combined? Wow. This day just keeps getting worse and worse.

Silver is not gold and is tied to industrial applications. Markets down mean there will be less people with money or willingness to spend on electronics etc. This is the offset when it comes to Silver vs Gold which is the go to for protection.

www.silverinstitute.org...

2011August 5th Freaky Friday Sell-Off
The DOW Jones is down 512 points.

2011 August 8th Manic Monday Sell-Off
The DOW Jones is down 634.76 points.

Obama came out to tell us not to panic, which of course makes people panic.

Obama signed an agreement with Republicans to not collect taxes on the rich and corporations who are earning record profits and shift the burden of revenue on working families by suggesting retirement and health insurance will be cut.

Massive U.S. job shedding and outsourcing.
Stagnant Job Growth
Low Wages and wage slimming.

Moody's may still downgrade the U.S. credit rating.
S&P may downgrade the U.S. credit rating again.

London is in flames.
Youth are pillaging because they can.
They are massively unemployed and youth & poor social programs have been cut by the government.

The U.S. will also start to riot when their social programs will be cut by the U.S. government.

This will not be stopped because workers are being attacked too much.

Originally posted by TheRemedial
Silver is not gold and is tied to industrial applications. Markets down mean there will be less people with money or willingness to spend on electronics etc. This is the offset when it comes to Silver vs Gold which is the go to for protection.

www.silverinstitute.org...

edit on 8-8-2011 by TheRemedial because: (no reason given)

Hmmm yeah of course i mean you don't see Silver in Jewellers shops or see Silver coins...err..wait a minute !

Sorry dude but i don't buy your reason for Silvers low price.

Cosmic...

Our tax system needs to be reformed by January 2012 or we're history. Flat tax, or whatever you want to call it, America needs more taxpayers. And with 48% not paying a dime, is a huge reason for our debt. And Congress is going to have to face the harsh facts that we can no longer support our defunct entitlement system. Instead of putting money in someone's hand, give them a job. Freeloaders can no longer be tolerated.

Originally posted by TheRemedial
reply to post by JakiusFogg

 

I don't disagree, I just know they are going to pull the QE3 and stop the decline. Lets face it they wont let it go to hell before the election, they could but I would put that in the realm of 10% possibility.

Well, they won't need elections if they install a dictatorship...

the result may look like a global bust


but this situuation is more closely related to specific nations and their follies


fiat money is the problem, exacerbated by the Trillion$ in Derivative$


this thread does not address any specifics...

AIG sues BoA for FRAUD

Ahhhhhhh here it goes!!!

I don't get it. We are in a catastrophe that has been foretold by many, yet we still bicker in Washington. Where the tea partiers are cheering upon the downgrade? What's wrong with these people? We are complaining about welfare, yet we are spending trillions in Iraq, Afghanistan and Libya! Where's Obama's promise that we would get out of these wars?

We cannot get better until we get out of these wars, tax ALL corporations and individuals, cut our entitlement programs and develop a true FAIR trade agreement with China that isn't so one sided.

Let it fail, let it fall, let it burn. Then, we can get back to work and fix it.

Our economic ideologies have failed us, the greedy have not only failed, but I hope they get what they deserve for their greed. Karma can be a pain in the rear when you tread on another's right to life, liberty, and the pursuit of happiness (or at least a butt kicking to those that got us here in the first place....ah yes, one can dream).

Soon, kids, very soon it will be time for a change that we all can get in on. No belief required.

I moved all my finances into a sure bet, Rosetta Stone.... My fellow Americans will be making a rush on learning Chinese before too long. Lol!

I happen to like the thread title, just put a comma after 2011 and an exclamation point after watch.
Can't wait for the Asian markets to open, just to see what happens......