MARKET MELTDOWN £100billion wiped off FTSE 100 as within minutes as world markets go into freefall

The Sun ^ | 24 Jun 16 | John Pettitt

[SkyPilot]

MORE than £100billion was wiped off the London FTSE 100 this morning within minutes and the value of the pound crumbled as world markets were gripped by Brexit panic.

The City was facing its third biggest fall of all time, shedding 458 points in a massive selloff, with shares in Barclays and the Royal Bank of Scotland tumbling by around 30 per cent.

Experts warned of more carnage to come with fear gripping world markets seeing Japan briefly shut down and European stock markets all in free fall.

Britain also looked set to lose its triple-A rating after 52 per cent of Brits voted to Leave the EU.

[PermaRag]

Exactly. He and the rest of the market manipulators aren’t losing a dime today, or ever.

This market crash tantrum is simply to teach us peasants a lesson, which is: don’t EVER defy your globalist puppetmasters!

If you think this is bad, just wait until you see what they do when Trump wins the nomination — and when he’s elected!

[StAnDeliver]

Gold touched 1355.

[DungeonMaster]

Buy low, sell high.

[bert]

if you don’t sell, you don’t lose

[hawg-farmer - FR..October 1998]

And you are why I came back to FR after ten years,heh heh I knew Mr. Trump would beat Cruz..

[knarf]

I'm not posting to most Americans, nor the vast majority of the media

I never implied any connection with Trump and Soros as political rivals and nothing I said was an attack

What is it you REALLY want to say ?

[dila813]

No bigger buying opportunity, absolutely an emotional reaction that isn’t based on facts,

When irrational fear takes hold, everyone takes turns taking advantage of you

[AndyJackson]

Trump and Soros are of the same ilk

Nonsense. Trump runs and enterprise that makes its money by providing physical shelter to individuals and businesses and provides recreational facilities. He makes money because folks willingly part with their cash to pay Trump for the goods and services so rendered in voluntary free market transactions.

Soros makes his money manipulating the buying and selling of pieces of paper.

[katana]

Other than the number of zeros filling the bottom line of their statement of net worth the two men don't have much in common. One actually has built things and employed people. The other is a currency manipulator of the James Bond villain type. One is an undeniable (and full disclosure: I did not vote for Trump in my State's primary) patriot. The other a man of no borders or loyalty, who even recalls his youth turning in his fellow Budapest Jews to the Gestapo as his "happiest days". One hides in the shadows like a wizened spider, the other has worked hard at being front and center in the news and even television entertainment for decades.

So "ilk" must mean association by sheer wealth. And maybe Trump feels it isn't the right moment to point out Soros as the string puller behind Clinton and the Democrats. If so, I'd agree with him on that. Clinton will be the name on the ballot opposite his and that should be the target (for now).

[knarf]

I agree with your assessment but didn't think my comment would generate so much return

Actually, I think it's a good thing to get some thought processing on the subject

thanx

[Ruy Dias de Bivar]

So, what exactly is the difference between Britain leaving the EU and the Southern states leaving the Union in 1861?

[knarf]

see my #50

[knarf]

Whoo boy .... NOW you've started it

(actually, I can't wait to be freeperly educated)

[anton]

Nonsense. The FTSE rode up 500 points in the last two weeks on the wave of Remain poll advantage and gave it back today. Big deal.

[Haiku Guy]

Buy Low. Sell High.

If the rich folks want to have a hissy fit, we folks of moderate means can profit.

Buy the DJIA today. Right now. You will make 500 points by next Friday.

Nothing has changed today. The only reason the market is down is because the big boys are having a hissy fit.

[Neoliberalnot]

Yeah, it Bush’s fault, not the demrats, the one world criminals, the Clinton and Obama Crime families, its the GOP and Bush’s fault. Wow?

[Neoliberalnot]

thank you. A voice of reason and market knowledge. I’m not an expert, but my brother is. The One World’s are selling, and lots of small investors too. This is a classic sell off, and really, not the big. See if it continues for 3 days in a row. If it does, don’t buy the market. Diversify your investments—there is more to investing than paper securities.

[TimPatriot]

What is it you REALLY want to say ?

I was wondèring the same, it seemed you were implying that Trump should be talking about Soros more. I am just questioning for what purpose? Trump gets killed by the media when he gets too far over his skiis on what he believes to be true when it can be difficult and complicated to get anyone to hear and accept regarding likely nefarious events and activities, i.e. the forged birth certificate. Your statement was short and contained a linking of Soros and Trump ("...same ilk...") as well as an implied disapproval of his public reticence regarding Soros. Nothing more.

[knarf]

OK ... it was merely a mental observation I typed out loud

The replies have been interesting ... including yours

The FBI will not indict the cankled beast because the dumbo'd one will pardon her, so the wait is for after President Trump takes office

THEN we'll get the data Sheriff Joe and Donald Trump have on jug ears about his birth certificate

As far as Soros is concerned ... Trump knows money and deals and I believe Trump could throw some monkey wrenches that would hurt no one but the nazi

[SunkenCiv]

1. Caution is definitely warranted; currency traders will be dumping US$ in effect, to buy up Euros and Pounds, to take advantage of this short-lived slide.
2. This is a temporary selloff -- probably not a bad time to buy, remember the adage, "buy on mystery, sell on history".
3. Part of this selloff is the direct result of a bunch of pro-Remain interests (financial and political) who counted on the year or so of steady "Remain is winning" drumbeats to engineer a victory.
4. I grew up back in the time when the Pound fluctuated between the $1.80s and $2.10s (if memory serves), and thought it had always been that way.
5. I've had my modest portfolio in cash as of sometime last week, so, who cares?