2011 Global Stock Market Collapse Watch

Originally posted by surrealist
From a high of $1.10 (AUD vs USD) less than a mere two weeks ago, the Aussie dollar has sunk below parity with the USD! What the??

Uncharted times we live in. Never know what to expect next. I wouldn't be surprised if a "miraculous" rally occurred on Wed only to collapse again Friday.

reply to post by TheRemedial


What is your opinion on what the US markets will look like for the rest of this week?

Do you think we're looking at a Black Friday?

Originally posted by 12345lonestar
reply to post by Konah

 

Hey. I am not giving you advice, becasue it may be bad advice and I would have my own way of waiting untill I think the timing is right which is really the hard part, BUT it were my money I would cash out my silver. t least hold it and see if the panic continues. Its way too hyped. Along with gold. This is about the best time to sell it in the utmost time of panic.You dont buy silver when people are panicking. Most likely we will recover and silver will come back to earth. If not and we have an economic collapse, Silver probably wont be as useful as you expect and no one will have the purchasing power to pay astronomical prices for it anyways. Once i think we have hit near bottom or signs of support, I would put it into some banking stocks of banks that are stable but still getting the stock price hammered just because its in the whole sector. Wells Fargo is a good one. Citi is fairly ok. Most likely when this rebounds a bit you will make a killing. Thats EXACTLY what I did last time around. Also look into ETF's. Financial ETF's. Get some good bang for your buck but i would hold off until the situation with bank of America is resolved. That one stock alone can bring down the entire ETF. Also my long term stock pick. ZLCS. Ive been trading this stock off and on for about 3 years non stop. I sold out when it was around $3 and now i am getting tempted to get back in. Worth looking at. But only put in as much as you can afford to lose. But its a stock that could easily jump from about $1.35 to $5 in a year. But timing is everything. Get in to early you get taken down with it, Too late you miss out. Luckily your well situated for this. Take advantage of this rather than just trying to survive it.

I'll bet you are also a champ at Texas Hold'em, aye? It's a bit unnerving to speculate online when things are so rocky right now. Tell me everything will be fine, so my nerves can settle. Otherwise, quit your gambling habit.

My gut says it goes down into the 9000-9500 range by end of week. Not sure i see it going much lower - maybe 8500 at the bottom.

DOW futures down -280 right now in after-hours (another -3%)
www.sgxniftydowfutureslive.com...

reply to post by Druid42


You can reference a good indicator here, which also covers a national emergency due to economic calamity. Clinton enveloped them all in 1995. We are still under a perpetual 'state of emergency since 9/11', and Obama also continued that. Granted it emphasizes war, but economically it has great undertones. And with global markets crashing like crazy and the $1T loss from today's markets on Wall St, it wouldn't surprise me if something big is just over the horizon.

Back on topic, the Asian market are all down from 3-9% so Europe will be the next branch that snaps.

Originally posted by OuttaTime
reply to post by Druid42

 

Back on topic, the Asian market are all down from 3-9% so Europe will be the next branch that snaps.

You do not think that the ECB will come in and save the day again? I think they will try but their attempts will be futile.

reply to post by raiders247


"Nonfinancial companies had socked away $1.84 trillion in cash and other liquid assets as of the end of March, up 26% from a year earlier and the largest-ever increase in records going back to 1952. Cash made up about 7% of all company assets, including factories and financial investments, the highest level since 1963."
www.istockanalyst.com...
money.cnn.com...

***
NEW YORK (Dow Jones)--As the U.S. stock-market swoon continues, some equity investors are getting restless that more companies aren't implementing stock buyback plans.

With major stock indexes firmly in correction territory, investors are clamoring for corporate executives to use their oodles of available cash to buy back shares. The thinking is companies can take advantage of depressed stock prices by announcing buyback plans, which would boost shareholder returns. Repurchasing shares can also provide a psychology boost during market routs.
online.wsj.com...

***
Only $13.2 billion in stock buybacks were announced in the past two weeks, which is "low for a busy period of earnings reports," according to TrimTabs Investment Research.

---Did they know something was afoot?????
---Do they buy back their own shares after the dip for pennies on the dollar?
---Hostile takeover town?
--- QE3?

I think there are a lot of things that I would like to research and know. To answer your question though, I think we are at least going back to 2008-2009 levels again by the end of the week.

What are the chances that the Fed will announce QE3 tomorrow?

If they don't, especially after how hard Asian markets are being hit tonight, I'm expecting at least another 3-5% drop tomorrow on the NYSE. Folks coming home today after work and seeing their 401ks drop so much in the past few days would put in orders to sell, which would hit tomorrow. Combine this with companies that need liquid cash to pay off stockholders who are selling (they'd sell their own holdings), and we'd get a drop.

If they do, inflation will rise... what, 4%? I think it would be viewed as a joke; the NYSE and global stock markets begin crashing and the Fed decides to print off another ton of money to fix it. Best case scenario, if QE3 (which I don't support in the least) is announced, would be that the markets temporarily rally.

Deep down I think it's a damned-if-you-do, damned-if-you-don't scenario.

I may be crazy. This looks to me like an economic war.

Who is going to lose the most?

Welcome to the future. Maybe we all just don't realise exactly what it is we are seeing here?

Originally posted by klhix
I may be crazy. This looks to me like an economic war.

Who is going to lose the most?

Welcome to the future. Maybe we all just don't realise exactly what it is we are seeing here?

You are absolutely correct and your future is at stake one way or the other. We have been at financial war for a long while now just the majority of people had not noticed.

^AORD All Ordinaries 3,867.30 10:29pm Down 189.40 (4.67%) Components, Chart, More
^SSEC Shanghai Composite 2,472.55 10:32PM EDT Down 54.26 (2.15%) Chart, More
^HSI Hang Seng 19,117.89 10:34pm Down 1,372.68 (6.70%) Components, Chart, More
^BSESN BSE 30 16,990.18 6:30AM EDT 0.00 (0.00%) Chart, More
^JKSE Jakarta Composite 3,650.21 10:49pm Down 200.06 (5.20%) Components, Chart, More
^KLSE KLSE Composite 1,455.01 10:34pm Down 41.98 (2.80%) Components, Chart, More
^N225 Nikkei 225 8,694.31 10:28pm Down 403.25 (4.43%) Chart, More
^NZ50 NZSE 50 3,066.37 10:33pm Down 119.08 (3.74%) Components, Chart, More
^STI Straits Times 2,884.00 5:10AM EDT 0.00 (0.00%) Components, Chart, More
^KS11 Seoul Composite 1,717.33 10:29pm Down 152.12 (8.14%) Components, Chart, More
^TWII Taiwan Weighted 7,194.81 10:29pm Down 357.99 (4.74%) Chart, More

China appears to be having a bit of a rally. Wonder what is going on over there???

China - CSC

I wonder why CNN says that the sky is falling because this was the worst day for the NYSE since November 2008? That was not even 3 years ago. Long-term perspectives are totally beyond the comprehension of modern news media it seems.

reply to post by majesticgent


I'm pretty sure the ECB will jump in the fray, but just like our Fed, they're pretty much out of ammo. It's all words and credit. The global currency (USD) is burning and taking the other currencies with it, thanks to the ForEx and MonEx conglomerates. The QE3 is just gas on the fire. The more they throw in, the less its' worth, but it does build up a failing debt mechanism in their grand scheme. Whatever happens to the global markets, this is the large crack in their monetary foundation. No matter what house they build on it, the foundation is unsafe. The ponzi scheme is unravelling and they're running around like a man on fire trying to find a safe place to jump in

Add: The Fed, ECB, the PPT, and all the other puppets in the banking scam are all under the umbrella of the IMF and the BIS. Ironically the US is the big brother at the IMF, but big bro bernanke is drowning.

Originally posted by carewemust
I wonder why CNN says that the sky is falling because this was the worst day for the NYSE since November 2008? That was not even 3 years ago. Long-term perspectives are totally beyond the comprehension of modern news media it seems.

Ratings and it is what the news does best to keep people tuning back in. Sensationalism sells. Plus folks now days have short attention spans.

Originally posted by Konah
What are the chances that the Fed will announce QE3 tomorrow?

If they don't, especially after how hard Asian markets are being hit tonight, I'm expecting at least another 3-5% drop tomorrow on the NYSE. Folks coming home today after work and seeing their 401ks drop so much in the past few days would put in orders to sell, which would hit tomorrow. Combine this with companies that need liquid cash to pay off stockholders who are selling (they'd sell their own holdings), and we'd get a drop.

If they do, inflation will rise... what, 4%? I think it would be viewed as a joke; the NYSE and global stock markets begin crashing and the Fed decides to print off another ton of money to fix it. Best case scenario, if QE3 (which I don't support in the least) is announced, would be that the markets temporarily rally.

Deep down I think it's a damned-if-you-do, damned-if-you-don't scenario.

There are two major problems with this.

1. The FED is already leveraged 60-1 against its capital. This is worse than Lehman Brothers. So, they desperately need to SELL govt. bonds.

2. The money supply is at almost 20% to GDP, an all time high. This requires short money to be at zero%, which it is, If they expand the money supply further it´ll require negative rates, that is holders of cash paying for parking it in short bills. A rise of 25-50 basis points in these bills would require contracting the money supply by a third at least or let the market correct the imbalance between the money supply GDP ratio through inflation, probably 30-50%. So, they´re at the end of their tether.

Originally posted by OuttaTime
reply to post by Druid42

 

You can reference a good indicator here, which also covers a national emergency due to economic calamity. Clinton enveloped them all in 1995. We are still under a perpetual 'state of emergency since 9/11', and Obama also continued that. Granted it emphasizes war, but economically it has great undertones. And with global markets crashing like crazy and the $1T loss from today's markets on Wall St, it wouldn't surprise me if something big is just over the horizon.

Back on topic, the Asian market are all down from 3-9% so Europe will be the next branch that snaps.

To quote your link, and folks, look at this carefully orchestrated plan, as it ties in perfectly with the event of a stock market crash:

On February 16, 1962, President John Kennedy signed several Executive Orders which would allegedly give certain dictatorial powers to appointed bureaucrats in the event a "National Emergency" should be declared by the President — whichever president is sitting in office at the designated time. At the president's discretion "in any time of increased international tension or economic or financial crisis", the E.O.'s could theoretically be enacted. These E.O.'s signed by Kennedy would give authority to the Federal Emergency Management Agency to control: communications, energy, food, fuel, farms, transportation, highways, railroads, inland waterways and seaports, health, education and welfare, drafts citizens into work forces under government supervision; relocation of populations, designates areas to be abandoned as 'unsafe'; relocates communities, and controls all public storage facilities. On February 27, 1962 Kennedy signed E.O. 11051 designating FEMA as the authorized agency to implement the above orders, and which authority can be re-designated by the original authority.

The BOLD text is mine.

So if the market collapses, or anything close to it, potus Obama can execute THIS E.O. signed by Clinton and still in effect.

Which basically gives FEMA complete control of everything. This information (thanks OuttaTime) deserves a completely different thread. Anyone game to start it? I'm not, it's late, and I gotta work tomorrow.

Economic collapse = FEMA control of everything in the US. Think about it.....

reply to post by Druid42


I think those EOs have been covered in previous ATS threads, with all the ones covering the FEMA camp topics. They just need to be refuelled. Given the dire situations of our global economy it is a conceptual probability (with China being tooled as the 'bad guy'). In the last 2 trading sessions, our global markets have lost over 20% of their value. It won't be long before the last nail pops out, especially with the jump in gold of over $65/oz overnight.

reply to post by Druid42


So NOW would be the time to tie FEMA camps to a disaster......this economic disaster

Very interesting development.

reply to post by amongus


I don't think it was planned out this way, but from the way the system is set up, it is a solution looking for a problem. I think they found their problem to land on with the global economic disarray. It would explain the military movement though.
Army Preps for 'Complex Catastrophes' Stateside. They are now 'joined at the hip' with FEMA

I'll try to stay on OP from here on in

reply to post by OuttaTime


It seems you are talking conspiracy without actually saying it. Please tell me if I am putting words in your mouth, and I'll retract my comment. It seems you are saying that IF the global economy collapses the government will take everything over, and be in a position to install a new currency, after a global meeting with the world's leaders, and then we will all be ok?

No, that's too simple.

Are you saying that THIS is what TPTB have planned all along, they tried in '08, and got it right in '11? Right before the next election? Can they elect a new potus during a national emergency?

Please clarify, and my retraction is upcoming, if needed.