Gold and Stocks Crash … Terrorist Attack In Boston?

Something Wicked this Way Comes?

Gold is crashing the most in 30 years.

Zero Hedge notes:

The rapidity of gold’s drop is impressive, concerning, and disorderly. We have seen two other such instances of disorderly ‘hurried’ selling in the last five years. In July 2008, gold quickly dropped 21% – seemingly pre-empting the Lehman debacle and the collapse of the western banking system. In September 2011, gold fell 20% in a short period – as Europe’s risks exploded and stocks slumped prompting a globally co-ordinated central bank intervention the likes of which we have not seen before. Given the almost-record-breaking drop in gold in the last few days, we wonder what is coming?

Zero Hedge also points out that the extreme volatility in gold indicates counter-party risk concerns.

Stocks – and virtually all asset classes – are currently down:

In addition, 2 explosions at the Boston marathon today have killed several people and injured scores more.

The explosions are reported to have come from a trash can.

There is no indication yet whether this is a terrorist attack (or false flag), although there is panic like during 9/11. For example, the Boston Globe tweets.

Finish line volunteers told to run. Describe fear “like 9/11 or the tsunami.”

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  • Honest Harry’s Used Cars

    All the long lines of experts all over the world that discuss the in’s and out’s of the market were caught blind-sided. You mean like 9-11? You mean like the housing blow up? You mean like Lehman Bros? You mean like Cyprus? No kidding. Who could have guessed it!

    Better writers than write for Hollywood think this crap up. And it works every time too. Anyone who is in the markets, or betting on Gold & Silver had better rethink their competence in these matters. Because from my perspective, you deserve to be fleeced. And you all were fleeced too.

    Those people who move the markets are the only winners. It matters not how they move the markets. They do not care. They only seek to move the markets. When you write the script, you are the winner.

    Blow up a couple of bombs in Boston to finish nailing down the lid, and you’re even a bigger winner!

    Will we ever hear who sold 400 billion in paper Gold to start this stampede? Of course not.

  • Peter

    that is what came to my mind, wonder what comes next and if there is any connection between these two events…

  • gozounlimited

    The gold and banking crisis was caused by too many workers taking cocaine. Cocaine was perfect for the “culture of excitement and drive and more and more and more”. “Bankers use cocaine and got us
    into this terrible mess. It is a ‘more’ drug.”….. http://www.telegraph.co.uk/finance/financialcrisis/9993266/Financial-crisis-caused-by-too-many-bankers-taking-cocaine-says-former-drugs-tsar.html

  • gozounlimited

    How the gold market was crashed

    There’s a term for this manipulative tactic in the trading world. It’s called “Beat the Beehive.” You smash the nest and then watch the total confusion feed on itself. By the next day all the bees are gone and all
    that’s left is a smashed up beehive….. read more: http://www.futuresmag.com/2013/04/15/how-the-gold-market-was-crashed

 

 

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