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View Full Version : Italy in full meltdown, market holiday decalred



Large Sarge
4th August 2011, 09:15 AM
EU In Crisis: Italy Shuts Down FTSE MIB
*Breaking
We now have a full market holiday in Italy.
Market holidays always work wonderfully...until the authorities attempt to reopen the market and watch it go limit down in 5 seconds.

mick silver
4th August 2011, 09:17 AM
http://www.telegraph.co.uk/finance/financialcrisis/8677989/Europes-money-markets-freeze-as-crisis-escalates-in-Italy-and-Spain.html i just posted this a hour ago ... this should help drive down the stock market today . any thoughts on this ............ UK's FTSE 100 index down 3.1pc
• Barroso warns eurocrisis is spreading
• ECB to provide unlimited cash to banks for six months
• FTSE slides to eleven-month low as market woes continue
• Bank of England keeps interest rates on hold (http://www.telegraph.co.uk/finance/economics/8681332/Bank-of-England-holds-interest-rates-as-UK-economy-concerns-continue.html)

mick silver
4th August 2011, 09:21 AM
Debt crisis: live

Rolling coverage of the rollercoaster in financial markets as the eurozone and US come under increasing pressure ... http://www.telegraph.co.uk/finance/financialcrisis/8680820/Debt-crisis-live.html

Twisted Titan
4th August 2011, 09:24 AM
when are the riots coming......I'm waiting for cnn to break the story

Ash_Williams
4th August 2011, 10:52 AM
I wondered wtf happened, red everywhere.

Twisted Titan
4th August 2011, 11:02 AM
They are blocking the exits.

Nobody gets out alive.

mightymanx
4th August 2011, 12:45 PM
Breaking News


Wall Street Plunges 3% on Economic Uncertainty (http://finance.yahoo.com/news/Wall-Street-extends-recent-rb-803713724.html?x=0&sec=topStories&pos=main&asset=&ccode=)- Reuters Investors fled stocks on Thursday, putting the S&P 500 into correction territory, on escalating worries about the U.S. economy and Europe. ... » read more (http://finance.yahoo.com/news/Wall-Street-extends-recent-rb-803713724.html?x=0&sec=topStories&pos=main&asset=&ccode=)

nothing to see here folks move along move along

gunDriller
4th August 2011, 02:19 PM
They are blocking the exits.

Nobody gets out alive.

i like it when stockbrokers & bankers riot.

give them some baling hire. rope is too expensive.

Mother Nature will provide.

Dogman
4th August 2011, 02:24 PM
i like it when stockbrokers & bankers riot.

give them some baling Wire. rope is too expensive.

Mother Nature will provide.

Fixed it for you. Plus there is not enough rope. ;D

mick silver
4th August 2011, 02:25 PM
check out gold an silver it taking ass beating to

Ash_Williams
4th August 2011, 02:43 PM
Gold and silver are holding up well considering 3-5% drops in world indexes and that gold is touching new records each day while the indexes were already weak.

slvrbugjim
4th August 2011, 02:49 PM
Gold and silver are holding up well considering 3-5% drops in world indexes and that gold is touching new records each day while the indexes were already weak.


I agree, in this panic metals will always take a hit, but just wait for the next dead cat bounce

Canadian-guerilla
4th August 2011, 05:19 PM
where's Jim " THIS IS IT " Sinclair when ya need him ?

Horn
4th August 2011, 06:10 PM
What did HT say?

It all started in Venice so many years ago.

Horn
4th August 2011, 06:23 PM
557

http://upload.wikimedia.org/wikipedia/commons/e/ec/Bactrian_Camel_b_d.jpg

We're all camel jockeys!!!