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Originally posted by Invariance
I have a couple questions maybe some market-savvy people can answer for me.
Is this American, Canadian, global...?
Is this the part where we go grab the money out of our banks?
I'm not sure about my American friends, but there are provisions for them to do "Bail-ins" Cypress style here in Canada
Originally posted by camaro68ss
last time we had a HUGE sale off in commodities was when leman brother collapsed. I think something very big is in play right now and we will know about it in a matter of weeks.
Originally posted by camaro68ss
Originally posted by camaro68ss
last time we had a HUGE sale off in commodities was when leman brother collapsed. I think something very big is in play right now and we will know about it in a matter of weeks.
this could be a Financial and physical terrorist attack? We just had a BIG event, i fear more to come. im in the camp of the false flag. way to many puzzles lining up right now.edit on 15-4-2013 by camaro68ss because: (no reason given)
Remember when the last time a cluster of Hindenburg Omens nearly toppled the market in August 2010 and the only saving grace was Ben Bernanke's QE2 announcement at Jackson Hole which sent risk soaring? Today, nearly three years later, we got the first instance of the Omen again. Will it be a one-off fluke, or a cluster, which is needed to confirm this dreaded technical formation? Stay tuned in the coming days to find out...
A bad day all around. Liquidation continued from Asia and commodities were Baumgartner'd - especially gold and silver, suffering their biggest single-day drop in 30 years. Weak NAHB data stalled any BTFD in stocks and despite a couple of tries at EUR ramps, stocks had their biggest drop in 5 months. The horrible acts in Boston seemed a catalyst for late-day weakness in stocks but there was no bid and heavy volume as homebuilders were hit their hardest in 10 months and US equity indices plunged into the close. Dow Transports had its worst day in 17 months. Away from stocks, FX markets were just as volatile with JPY's 2-day rally the biggest in 35 months (and AUD the biggest down day in 5 months). Swiss 2Y rates dropped to their lowest of the year and US Treasuries were relatively calm (though bid) until Boston hit and then dropped 3-4bps on the day. VIX also surged higher by 5.2 vols to 17.25% (its highest since the Italian elections).
NEW YORK (AP) - Worries about an economic slowdown in China fueled a steep drop in commodity prices Monday, spooking investors and giving the stock market its worst day of the year. The trigger for the sell-off came from China, where the world's second-largest economy expanded 7.7 percent in the first three months of the year, well below forecasts of 8 percent or better. That news pummeled copper, oil and other commodities. Shares of oil and mining companies fared the worst because China is a huge importer of their products.