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Forced Liquidation Event Going On Right Now Tuesday Feb 17, 2009 12:23 AM EST

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Uploaded by on Feb 16, 2009

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News & Politics

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Standard YouTube License

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Uploader Comments (dashxdr)

  • Well, here it is, Mar 5th and whatever those guys were talking about never happened. Remember, when it comes to predictions that the world is ending, all the prophets so far have been 100% wrong. That's a pretty impressive stat.

  • >predictions that the world is ending, all the prophets so far have been 100% wrong.

    The world's not ending. The US economy is collapsing. Big difference.

    So far every empire in history has collapsed, crashed and burned. All predictions of an empire lasting forever have been 100% wrong. That's a pretty impressive stat.

  • Silver held steady at 13.6 for a few days, but it jumped to 13.9 suddenly around 2200 EST (I believe). Is that unusual? Doesn't seem to be that big a jump... from what I've seen, silver moves around a bit. Gold's sitting at $960 right now, not that I can afford any.

    The signing of the "stimulus package" happens in a few hours, wonder if that has anything to do with it.

    Anyone have any current info on this?

  • >Anyone have any current info on this?

    KD updated his site

    11:47 PM - It appears that FX has settled down although the equity market damage in Asia remains significant in many areas, with South Korea (one potential flashpoint) being off close to 4%. Europe opens soon with spreadbetter info up around 12:15 CT most mornings; if we get through the euro open without the crosses going nuts again this may remain capped...

  • I wonder if this is China (or whoever) dumping US Treasuries and buying gold, silver and dollars...

  • Update about 1AM EST February 17, 2009 -- silver is up $.22 (1.61%) and the dollar index is up .90 and gold is up $16.60 (1.76%). These are pretty big moves.

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All Comments (18)

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  • "All that is necessary for the triumph of evil is that good (WO)men do nothing".

  • true there has been many such alerts

  • Looks like gold just had its third highest spike of all time, at $967.

  • maybe someone wants to make cash selling us gold.

  • hey you look like the emperor from star wars! thanks for the info!

  • "Related Videos" section is blank - never seen that before.

    Gold just hit $964. What will happen when the West wakes up?

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