Posted on 07/27/2015 7:49:37 PM PDT by TigerLikesRooster
Shanghai shares open down more than 4% after plunge
AFP – 29 minutes ago
China's benchmark Shanghai stock index slumped 4.09 percent at the open on Tuesday, despite a renewed government vow to support the market following the biggest fall in eight years a day earlier.
The Shanghai Composite Index plunged 8.48 percent on Monday, the biggest fall since February 27, 2007, despite a broad-based government effort to shore up prices following a weeks-long rout.
The benchmark narrowed some of the losses in morning trade Tuesday and was down 2.12 percent, or 78.88 points, to 3,646.68 later.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, was down 3.52 percent, or 75.93 points, to 2,084.16.
The falls came despite comments by the market regulator, the China Securities Regulatory Commission (CSRC), that it would continue to "stabilise" the market.
(Excerpt) Read more at uk.news.yahoo.com ...
Time to sell gold and oil stocks.
At least I will be able to get in on the ground floor.
Gold lowest in years, oil still in decline
Stand by for the roller coaster ride that Obama has been setting up all along.
The plunge is coming just in time for one of ours to take the blame.
Obie will be skipping down the road with bags of loot.
Sell gold or sell gold stocks?
I’m sitting physial silver, too poor to own gold.
By that I mean I’m not selling my silver.
“Gold lowest in years, oil still in decline”
Gold will be lowest in a generation and oil will be $12/barrel
Sorry, can’t blame this on Obola. This has been long time coming.
Obama has this timed to a tee time.
He may not be alone .
I am sure he is not alone.
We should prolly look at thee aholes portfolios for a clue.
Pretty sure there is insider trading happening with ALL politicians, bar none. Even the “good ones” have their spouses and other relatives inside trading. In politics, you pick the devil you know and the lesser evil (from your perspective).
Time to sell gold & oil stocks was 18 months ago.
Save cash. Things are gonna get real cheap before they get real expensive.
To the contrary! He's at fault for the total destruction of the world's economy. The illegal regime of hussein and his cronies have killed corporate profits with outlandish regulation and confiscatory taxes. Even Texas is suffering because the price of oil has been devastated due to hussein bowing to the will of the Soros/Buffett duo as well as his muzzie masters.
the only thing china hasn’t done to prop up their market is send troops into the floor of the stock market and shoot dead anyone that sells.
Go Ted go! Take America back! Crush unionism and the minimum wage! Woo hoo!
Selling US Treasuries. Buying gold. At least they are planning for the future. A bad future, but they have a plan.
[To the contrary! He’s at fault for the total destruction of the world’s economy. The illegal regime of hussein and his cronies have killed corporate profits with outlandish regulation and confiscatory taxes. Even Texas is suffering because the price of oil has been devastated due to hussein bowing to the will of the Soros/Buffett duo as well as his muzzie masters.]
^ this + 1 I was going to blast this poster myself, but you said it.
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