NOW - Market selloff bloodbath: "We have never been down 1,000+ points ever, not even intraday, on the Nasdaq."

@disclosetv

Stock Meltdown Triggers ‘Mad Rush’ for Treasuries: Markets Wrap

From New York to London and Tokyo, equities got pummeled. The S&P 500 headed toward its biggest rout since September 2022. Almost 95% of its shares got hit. Losses were more pronounced in the high-flying tech space, with a gauge of the “Magnificent Seven” megacaps like Nvidia Corp. and Apple Inc. slumping almost 10% at one point Monday. Wall Street’s “fear gauge” — the VIX — soared to the highest since 2020.

https://www.bloomberg.com/news/articles/2024-08-05/japanese-stocks-tumble-leading-equities-selloff-markets-wrap

BREAKING: Biden's economic advisor Gene Sperling steps down.

@GeneralMCNews

STOCK MARKETS ARE CRASHING, JOBS NUMBERS ARE TERRIBLE, WE ARE HEADING TO WORLD WAR lll, AND WE HAVE TWO OF THE MOST INCOMPETENT “LEADERS” IN HISTORY. THIS IS NOT GOOD!!!

Black Monday Update 3:

Gold is down nearly $56 as of right now.

This may seem counterintuitive, but it is not.

What’s happening right now is that market traders are getting hit with massive margin calls.

Many need to sell their gold paper contracts in order to cover the serious losses they are experiencing today.

On the other hand, there are others who are now buying gold as a safe haven refuge.

We just have to wait and see how everything shakes out over the course of the next several days.

Jennifer Fallaw-Doering

Phil was just asked if the RV is coming soon and said, “Yes.”