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CranialSponge
Wow.
This is all getting just a little too... creepy.
- Three bankers "committing suicide" within a week
- Matt Drudge's tweet saying "Have an exit plan" last week
- New Fed chairman now stepping in to play
- HSBC recently imposed restrictions on large cash withdrawals
- Two weeks ago we saw the largest historical withdrawal from the JP Morgan gold vault
- The UK's royal mint completely sold out of gold coins in the first week of 2014
- The US mint hit an all-time record high in silver coin sales the first week of 2014
- Investors pulled $72 trillion out of the bond markets last year, this has never been seen before
Anyone else just get a chill up their spine ?!
Separately, Tim Dickenson, a U.K.-based communications director at Swiss Re, died last week. The circumstances of the death haven't been made public.
CranialSponge
Wow.
This is all getting just a little too... creepy.
- Three bankers "committing suicide" within a week
- Matt Drudge's tweet saying "Have an exit plan" last week
- New Fed chairman now stepping in to play
- HSBC recently imposed restrictions on large cash withdrawals
- Two weeks ago we saw the largest historical withdrawal from the JP Morgan gold vault
- The UK's royal mint completely sold out of gold coins in the first week of 2014
- The US mint hit an all-time record high in silver coin sales the first week of 2014
- Investors pulled $72 trillion out of the bond markets last year, this has never been seen before
Anyone else just get a chill up their spine ?!
HUMBLEONE
Let's dispense with the "suicide" BS, what's really going on? Bankers are getting whacked! Why?
Agit8dChop
Urantia1111
reply to post by Maluhia
Do people usually off themselves on the side of the road? That seems fishy to me. I've not heard of that happening.
Exactly what i thought.. suicide on the side of a highway?
somethings a foot!
And Gold and Silver are next to worthless in a meltdown situation, because you can't eat them.
CranialSponge
Wow.
This is all getting just a little too... creepy.
- Three bankers "committing suicide" within a week
- Matt Drudge's tweet saying "Have an exit plan" last week
- New Fed chairman now stepping in to play
- HSBC recently imposed restrictions on large cash withdrawals
- Two weeks ago we saw the largest historical withdrawal from the JP Morgan gold vault
- The UK's royal mint completely sold out of gold coins in the first week of 2014
- The US mint hit an all-time record high in silver coin sales the first week of 2014
- Investors pulled $72 trillion out of the bond markets last year, this has never been seen before
Anyone else just get a chill up their spine ?!
NEW YORK — Good riddance to this week. It was another ugly day on Wall Street — and for markets around the globe.
The Dow dropped nearly 320 points Friday, or almost 2%. The S&P 500 and Nasdaq fell more than 2%. CNNMoney’s Tech 30 index also fell about 2%, despite a jump in shares of Microsoft following strong quarterly sales and earnings.
The losses come at the end of the worst week for stocks in recent memory. The Dow tumbled more than 3.5%, its work week since November 2011. The S&P 500 slid more than 2.6%, logging its biggest weekly decline since May 2012.
Meanwhile, the Nasdaq tumbled almost 1.7%, its first weekly decline of the year and the worst since August.
All three indexes are now in negative territory for the year. The selling has some investors bracing for a correction, usually defined as a decline of 10% or more.
Ms Yellen will also have to set about shrinking the Fed's balance sheet, which has been swollen by its large-scale asset purchases and is likely to peak at $4.5 trillion. That's up from $800 billion in 2008, before the financial crisis struck.