2011 Global Stock Market Collapse Watch

Foreclosure may not need be a bad thing, as most probably this time, the owners will get to keep the house.

When the bank tanks, liquidators move in. At the size and scope of such loans to millions of people, it will take time to sort out the entire mess,more likely years.Creditors and depositors will demand for their money back, and have to use legal means to ensure they get their share.

At no time is the gov responsible to be guarantors to depositors of savings banks, except for banks that are meant for safekeeping of money and offers no interests. Thus creditors and despositors will have to make do with they have avaliable or left from banks.

Theoratically, another bank can buy over the wounded bank at a firesale, but with many banks soon out of action, the only ones left standing will be the govs. If govs were to take over, then those loans and collateral NOW BELONGS to the gov( Sovereign People), and as such, can offer longer leases and loan payments for those lands. There is plenty of land in US anywhere, no need to foreclose on anyone, and depositors to wait a longer time to see their money, at least there's a chance than to have nothing.

Live and let livE,while those responsible for the financial mess with their insane 'structured' banking con games/products will be spat upon for life.

Originally posted by majesticgent
I have a question. Is the meteoric rise in gold and other commodities just a telling sign of inflation settling in? At the end of the day if gold keeps on sky rocketing the way it does, and oil is going up now too, won't that give the average Joe less buying power? It has to be a bit more complex then that? Right?

When the stock market collapses, companies will still be manufacturing and trading. The role of the gov at this time is to circulate their funds or loans into the economy, to keep money passing from one to another. Be glad that the debt ceiling had been raised in time, and USA is fully capable of circulating funds this manner.

Demands for manufacturing goods will be low, but food and necessary products will be needed, and thus one will see a higher price from such items. In time, the producers of such items will have excess funds, and if they are willing to share it around with their workers and the economy, inflation would not be problem, for everyone will have the money to purchase goods.

As manufacturing of unnecessary goods will be low, not many will be needing oit, and thus the price will drop.

Gold is not cash. It can only be traded for cash. USA is flushed with cash. When those hoarders of gold needs to eat, they will have to trade for cash. When they trade for cash, the volume of SELLING gold becomes high and the price of gold eventually drop.

That's as simple as I can try to make it out in order to be comprehensible...I hope...

Now the Dow has rallied 200 points from it's lows. What's going on here?

Originally posted by mossme89
Now the Dow has rallied 200 points from it's lows. What's going on here?

Two words; Volatility & Uncertainty

Originally posted by mossme89
Now the Dow has rallied 200 points from it's lows. What's going on here?

No clue, but around 30 minutes to close volumes will probably be high. Now whether it will be a rally or a sell off is anyone guess.

Bail-outs chip away at France and Germany too

Investors have begun to question whether France and Germany can credibly underwrite the debts of southern Europe without losing their AAA ratings and succumbing to the crisis themselves.

No Comment...really,what is there to say anymore?


Gonna sleep a little,tomorrow its probably going to get even worse...

Looks like that little gain is over.
I wonder where it'll go now?

reply to post by majesticgent


Germany looks to be trending towards hell...They are the strongest economy in the EU therefore I figure the EU is going to all hell (market wise)

DAX 30 Futures -281.75 -4.92%
FTSE 100 Futures -150.00 -2.95%
Live Futures: www.sgxniftydowfutureslive.com...

Gold overtakes Platinum (Spot prices) which is 30x more rare than Gold.

The Canadian freak show:
S&P TSX 12,269.94 +160.68 +1.33%

I am thinking Canada with the strong banking system and all those resources and 6 of the 10 largest Gold mining companies in the world is becoming the safe haven here.

Brazil joins in gains: Bovespa Up 849.55 (1.66%)

I give up, this thing has more twists and turns......
Ah well, maybe I'l figure it out sometime.

DOW seems to be heading for a huge sell off again. But it wouldn't surprise me if there were multiple more rallies throughout the day. People are making hundreds, even thousands off of this. Buy low, sell high, wash, rinse, repeat.

Oh by the way, here is a good live DOW watcher: tech-analysis.ucoz.com...
Click options at the top right to change the settings around.

Dow is down 400 points with 27 minutes left. What a ride

reply to post by OuttaTime


A few weeks ago I would have been like DOW DOWN 400 POINTS???!!!! OMG!!! Now i'm like, yeah whatever, what else is new?

20.26 Back to Europe briefly to bring you yet more worrying news. Just had a look at the stock market futures and the FTSE 100 is expected to open down 2.3pc tomorrow, with the CAC down 4.8pc and the DAX down 4.5pc. Expect another day like today.

www.telegraph.co.uk...

Things are not looking good for the old EU. That's what they get for artificially inflating their markets thinking that would con people into investing!!!

A good amount of volume in the last 10 minutes of trade. Which way will she go?

Dow Jones

reply to post by majesticgent


It's a whole lot worse then that.

EU Futures
French CAC 40 Index -208.50 -6.93%
DAX 30 Futures -367.25 -6.51%
FTSE Futures -231.50 -4.63%

Dow -452.47 -4.03% (tanking fast)
S&P TSX +67.50 +0.56%

Gold broke $1790
Gold (Spot) 1791.46 +51.13

My tickers are up to the second DOW is below 500 falling fast as gold shoots up!

Originally posted by TheRemedial
reply to post by majesticgent

 

It's a whole lot worse then that.

EU Futures
French CAC 40 Index -208.50 -6.93%
DAX 30 Futures -367.25 -6.51%
FTSE Futures -231.50 -4.63%

Dow -452.47 -4.03% (tanking fast)
S&P TSX +67.50 +0.56%

edit on 10-8-2011 by TheRemedial because: (no reason given)

That's just down right ugly. Any word on Asian futures?

-449, will we see -500?
What a day

501!
yup, crossed the 500 mark!

reply to post by adifferentbreed


Just topped -500!

reply to post by haarvik


yip, netdania just updated with -500.6

Let's see what happens in the next 5 mins

Make the -519.38 Now!