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Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History Has the next Lehman Brothers moment arrived?  Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that unleashes great financial panic all over the planet.  […]

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Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets

Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets Stock markets around the world continue to collapse as this new global financial crisis picks up more steam.  In the U.S., the Dow lost 254 more points on Thursday, and it has now fallen for five days in a row.  European stocks continued to get […]

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The Federal Reserve Just Made Another Huge Mistake

The Federal Reserve Just Made Another Huge Mistake As stocks continue to crash, you can blame the Federal Reserve, because the Fed is more responsible for creating the current financial bubble that we are living in than anyone else.  When the Federal Reserve pushed interest rates all the way to the floor and injected lots […]

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2016 Market Meltdown: We Have Never Seen A Year Start Quite Like This…

2016 Market Meltdown: We Have Never Seen A Year Start Quite Like This… We are about three weeks into 2016, and we are witnessing things that we have never seen before.  There were two emergency market shutdowns in China within the first four trading days of this year, the Dow Jones Industrial Average has never […]

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Welcome To The New Normal: The Dow Crashes Another 390 Points And Wal-Mart Closes 269 Stores

Welcome To The New Normal: The Dow Crashes Another 390 Points And Wal-Mart Closes 269 Stores Did you know that 15 trillion dollars of global stock market wealth has been wiped out since last June?  The worldwide financial crisis that began in the middle of last year is starting to spin wildly out of control.  On Friday, […]

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Lowest Ever: The Baltic Dry Index Plunges To 394 As Global Trade Grinds To A Standstill

Lowest Ever: The Baltic Dry Index Plunges To 394 As Global Trade Grinds To A Standstill For the first time ever, the Baltic Dry Index has fallen under 400.  As I write this article, it is sitting at 394.  To be honest, I never even imagined that it could go this low.  Back in early August, […]

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The Dow Falls Another 364 Points And We Are Now Down 2200 Points From The Peak Of The Market

The Dow Falls Another 364 Points And We Are Now Down 2200 Points From The Peak Of The Market It was another day of utter carnage on Wall Street.  The Dow was down another 364 points, the S&P 500 broke below 1900, and the Nasdaq had a much larger percentage loss than either of them.  […]

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