Following the initial halt in CSI-300 Futures at the 5% limit down level, the afternoon session opened to more carnage and amid the worst ‘first day of the year’ in at least 15 years, Chinese stocks collapsed further to a 7% crash. At 1334 local time, stock trading was halted for the rest of the day across all exchanges (at least two hours early).
I think even the non-paranoid would have to assume two things. One, the power players intend to wait until Donald Trump or Ted Cruz win, and then dump all of the stocks they have, so the crash happens on Donald’s or Ted’s watch. Two, it is not impossible that events may set everything in motion earlier than planned.
The amazing thing is that as big as that drop could be, it would only be a minor tremor compared to the ultimate apocalypse.
Still, not all companies have bleak futures. Sturm Ruger up 4% as this is written, and Smith and Wesson is up 6%.
Power players say, invest in Apocalypse.
[…] By Anonymous Conservative […]
My thoughts exactly. Profit from the decline. Ride the tiger.
Trump – being the brilliant badass he is – already seems to have anticipated plans by the elite to keep the rumbling wreck we call an economy going until mr. zero exits stage left. He’s made repeated references that yellen will spike interest rates when he comes in, or the whole thing will implode right as he comes in.
He sees this whole thing coming unglued and is being very smart to talk about it now. The press will exhaust all of their remaining credibility trying to hang the mess around his neck.