Breaking: China Halts Stock Trading After 7% Rout Triggers Circuit Breaker

originally posted by: Lysergic
But I thought China is the new Super Beast?

Poor form.

"China is the model." David Rockefeller. Yeah, more like I think the
hot money Bernanke and Yellin have been handing out is starting
to do the same thing as 80 years ago... ironically w/the same crew.
We can't buy anything antmore because ironically we don't make
anything here anymore to export... except petrosucks and wars.

The one distinction to 1931 is that our unfunded liabilities this
time are like four times as bad per buying power petrosuck buck.
The Dragon just got a taste of Rothchild cash flow austerity.

Even second hand it had to sting some...moreover long distance.
"Hey sorry, we've got some paper gold maturing over here that's
leveraged 400% and we're melting down Granny's fillings to scrape
up the metal." Well maybe not that bad, but that ham in the
freezer from Christmas is going in some split pea soup this time...

So what.

Rich people who create a financial system to make money off the backs of others are losing their investment capital.

Who cares.

originally posted by: Metallicus
I can't wait to buy tomorrow. I love being able to buy stocks on sale.

These are the days when you buy all the stocks on your wish list.

I like the way you think. Although this week has spanked me, midday tomorrow is when my buy finger gets itchy.


You know what is interesting? For years everyone complained china was artificially propping up the yuan by pegging to the dollar. Says it was bad for everyone.

Now the yuan is being let go to where it should stand on its own, and everyone complains.

originally posted by: IAMTAT
a reply to: Agit8dChop

WOW. Fear Fear Fear. Nobody is going to find confidence in that.

I do.

Look, everyone here buys stuff. Foods, personal needs, cars. At least the money stays in house.

It is very inflationary. Bout time though. Our economy cant work on zero percent fed monies. And the fed has already spoken on it with 4 or more rate hikes for 2016.

A well needed correction and financial reorganisation.

Again?

I remember seeing this happen like 2 days ago or so. I thought this post was posting old news, but it didn't.

Last time this happened this week, the US stocks took a big hit. So expect the stocks to not look so great this US morning and throughout the day!

I'm sitting here at 5:30 AM on the West Coast, waiting for opening bell.

I hope this doesn't go too far south on us.

DOW FUTURES @ 9:03 est. -333

What percentage have we lost of the market in the past 7 days?

a reply to: BatheInTheFountain


we are fast approaching the 20% territory of a Market Collapse


Thursday AM DOW Futures down another 300+....new unemployed claims rising


here's some bright possibilities in a dim & shattered landscape...



LEAD IN HEADLINE: For all you gold bugs out there: (story from CNBC)

Spot gold prices are up for their fifth straight day, with bullion up 3.4% since the start of the year. Prices topped $1,100 an ounce for the first time in nine weeks, before paring back to around $1,096 per ounce.
www.cnbc.com...



chins up fellow & former middle class citizens (the vanishing segment of the "FORWARD"...administration)




ADD this news blurb also by a CNBC silver tongue economist....
"The markets look like they're in a free fall right here," he said.
"It feels like we're in one of those selling stampedes, and they typically last 17 to 25 sessions.
And this would be only session six.
I would be more cautious here."

I've held all gold, even scrap. Now's the time for some liquidation IMO. I can't hold anymore.

HERE WE GO...
-247

-304

a reply to: BatheInTheFountain


'I would really hate to see you not hold-out till the end---Persevere as it were

but if you are over invested in scrap/coin/jewelry/bars.... do what you must


I myself will go down with my earlier commitments...hold my breath as long as I can, then bite-the-dust





ADD this DOW chart, 1 month


on Dec 16th the DOW was at 17,750.~ yesterday the DOW was at 16,720. that's a loss of some 1000 points/$'s in 20 some calendar days


finance.yahoo.com...#["range":"1mo","allowChartStacking":true]

originally posted by: St Udio
a reply to: BatheInTheFountain


'I would really hate to see you not hold-out till the end---Persevere as it were

but if you are over invested in scrap/coin/jewelry/bars.... do what you must


I myself will go down with my earlier commitments...hold my breath as long as I can, then bite-the-dust

Not over invested, just need the cash, unfortunately.

originally posted by: AugustusMasonicus

lol.

It's not "Mortimer" time yet

But somewhere in China, there's an Asian version of Mortimer....

"Weruh Sunku"

(Sorry bad joke)

a reply to: BatheInTheFountain

No, actually I look at this as a great buying opportunity.


Full disclosure, I will be loading up on one of my favorite companies, Union Pacific (Symbol: UNP).

originally posted by: AugustusMasonicus
a reply to: BatheInTheFountain

No, actually I look at this as a great buying opportunity.


Full disclosure, I will be loading up on one of my favorite companies, Union Pacific (Symbol: UNP).

What's the scoop?

originally posted by: BatheInTheFountain
What's the scoop?

Pays a good dividend, solid earnings and splits fairly regularly. Well managed and positioned strongly in its market, they, along with BNSF (which is wholly owned by Berkshire Hathaway) control almost all bulk commodity rail shipping in the western 2/3rds of the United States.