Day 2 Mega Crash: Dow Closes Down 530 Points

UNSEALED.ORG - WATCHING THE DAILY FULFILLMENT OF PROPHECY ^ | August 21, 2015 | Posted by Gary

[amessenger4god]

That is a 3.12% loss in a single day. 5.18% today and yesterday. To put that in perspective between 750 billion and 1 trillion dollars in market value were just wiped out in two days in the U.S. alone.

And it isn't even September yet.

It is about to get really, really ugly. CNBC is reporting that China's market is now mirroring 1929, and we could see the Chinese market crash a further 9% over just the next 4-5 days.

Again I'll ask you: is your treasure in Heaven or on earth?

You can't eat your gold, your silver, or your stocks, but God provides for His children.

I don't want you to freak out, but rather to invest where it counts while there is time.

Now it might be wise to have some cash on hand and some supplies, but don't rely on them.  Be prudent, but rely on God.  Trust in Christ.

MARANATHA!

[FlingWingFlyer]

Da conomy b boomin!

[uncbob]

How much are the still up over what you originally bought them for ?

[mware]

Wiped like with a cloth ?

I don't care what anyone says, that is funny right there.....and I lost 800 in the last two days.

[mware]

I only looked at the bottom dollar right now. Think I might call my financial advisor tomorrow and get the dirty details.

[semimojo]

The Shanghai Composite index is still up 60% over the past year. I'm afraid Armageddon will have to wait.

[Redbob]

A friend sent me a birthday card with a note of what was going on the year I was born;

The Dow average that year was 177.

[plain talk]

Good grief. You lost 800k. Whoah nelly.

[mware]

Good Lord no. I lost $800.

[VerySadAmerican]

Can you explain why gold would drop when the market crashes?

[rmichaelj]

I’ve heard that it is because some people have to sell their gold to make up for losses in the market.

[Farmer Dean]

I heard last month that people in China were having to sell their homes to cover their losses.

[Jeff Chandler]

L.A Herald Examiner

I delivered that newspaper on my bicycle.

[ErnBatavia]

Ditto...they “piggybacked” with the Glendale News Press. The Examiner subscribers were more uppity, tho....”Porch it” was their general rule.

[Jeff Chandler]

”Porch it”

Oh yeah. I had a good arm, but there was that one house where the paper always seemed to gain loft and end up on the roof.

[Jeff Chandler]

I just checked your profile -- la Quinta. We were just out that way last weekend. It wasn't easy but I managed to find the one place nearby that's hotter than Phoenix!

The brother of a classmate was playing at a casino in Coachella, and we thought it was the perfect excuse for a short road trip. The show was great.

Kenny Metcalf as Elton and the Early Years Band- Spotlight 29 Casino

[SeaHawkFan]

Can you explain why gold would drop when the market crashes?

Pretty simple. The primary value of gold is because people think it has value. Also, if the dollar gets stronger, and it has, it naturally takes fewer dollar to buy that gold.

Long term, the value of gold is the cost to mine and refine it plus a acceptable level of profit.

[madison10]

Art Cashin believes the next thing to watch is the stock market open in China this Sunday night. When Art speaks......it is time to heed his words.

That's what I will be doing. Watching the waves across the planet, it's stressful, but necessary.

[cornfedcowboy]

It aint pretty. China opens down 5%.

[madison10]

Thanks. Had to step away for awhile.

[madison10]

Rolling earthquake...here it comes!