Brandon Turbeville

Started by yankeedoodle, September 02, 2015, 08:54:09 PM

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yankeedoodle

Brandon Turbeville's truly excellent geopolitical analysis can be heard on his podcasts at
http://ucy.tv/Default.aspx?PID=98&T=Truth%20on%20the%20Tracks

He also has a website:  www.brandonturbeville.com

rmstock



Dow Jones Industrial Average Craters 469 Points as China Fears Rattle Investors
http://moneymorning.com/2015/09/01/dow-jones-industrial-average-craters-469-points-as-china-fears-rattle-investors/
NYSE Invokes Rule 48 (Once Again) To Pre-Empt Panic-Selling Open
Submitted by Tyler Durden on 08/24/2015 09:15 -0400
http://www.zerohedge.com/news/2015-08-24/nyse-invokes-rule-48-once-again-pre-empt-panic-selling-open
NYSE Invokes Rule 48 For Second Day In A Row Ahead Of Market Open
Submitted by Tyler Durden on 08/25/2015 09:15 -0400
http://www.zerohedge.com/news/2015-08-25/nyse-invokes-rule-48-second-day-row-ahead-market-open

As you see Wall-street is quite on a rampage crash ... On average, a
'Rule 48' announcement means, that trading starts half an hour later,
at 09:30 EST, and above that, the NYSE and DOW will drop about
a 1000 points, a drop from which no-one will recover that same day.
Now for two days in a row, it means 2000 points are gone. But as you
can see this whole situation - everyone screaming murder and fire because
of being unable to dump their stocks and paper shares for hard cash
in Dollars - is lasting for about a week now. That means 7000 points
in a unrecoverable drop. At a minimum the DOW is halved. Through Rule
48 an old-fashioned handbrake mechanism gets invoked by throttling the
volume of cashing in. In reality the shareholders are getting even more
angry and will resort to different measures. My tip : buy shares of
Smith & Wesson, Colt or the European counterparts like Heckler & Koch.

``I hope that the fair, and, I may say certain prospects of success will not induce us to relax.''
-- Lieutenant General George Washington, commander-in-chief to
   Major General Israel Putnam,
   Head-Quarters, Valley Forge, 5 May, 1778