ThePythonicCow
7th January 2016, 13:28
The number of escalating problems in the world showing up in the day's headlines is surprising:
Oil Plunges to $32-Handle (http://wolfstreet.com/2016/01/07/oil-plunges-to-32-handle-chinese-stocks-crash-and-are-halted-whiff-of-mayhem-breaks-out/)
China Halts Trading For The Entire Day After Another 7% Crash (http://www.zerohedge.com/news/2016-01-06/china-devalues-yuan-most-august-collapse-offshore-yuan-crashes-5-handles)
China announced that it sold more foreign treasury reserves (http://www.zerohedge.com/news/2016-01-07/gold-bitcoin-soar-after-china-liquidates-most-reserves-record-defend-currency) (such as US Treasury debt) in the last month than ever before - over $108 Billion worth, spiking gold to a two month high.
Global stock Markets In Turmoil" As Europe Opens (http://www.zerohedge.com/news/2016-01-07/markets-turmoil-europe-opens)
Saudi-Iran tensions further escalate as Saudi warplanes attack Iranian embassy in Yemen (https://www.rt.com/news/328156-iran-saudis-embassy-airstrike/)
Special Ops Called into Burns, Oregon standoff (http://thefreethoughtproject.com/oath-keepers-adamantly-oppose-armed-takeover-u-s-special-operations-forces-assigned-oregon-siege/)
North Korea Says It Conducted Successful Hydrogen Bomb Test (http://www.bloomberg.com/news/articles/2016-01-06/north-korea-says-it-conducted-successful-nuclear-bomb-test)
All this in just the last few hours ... the times they are getting interesting :).
Oil Plunges to $32-Handle (http://wolfstreet.com/2016/01/07/oil-plunges-to-32-handle-chinese-stocks-crash-and-are-halted-whiff-of-mayhem-breaks-out/)
China Halts Trading For The Entire Day After Another 7% Crash (http://www.zerohedge.com/news/2016-01-06/china-devalues-yuan-most-august-collapse-offshore-yuan-crashes-5-handles)
China announced that it sold more foreign treasury reserves (http://www.zerohedge.com/news/2016-01-07/gold-bitcoin-soar-after-china-liquidates-most-reserves-record-defend-currency) (such as US Treasury debt) in the last month than ever before - over $108 Billion worth, spiking gold to a two month high.
Global stock Markets In Turmoil" As Europe Opens (http://www.zerohedge.com/news/2016-01-07/markets-turmoil-europe-opens)
Saudi-Iran tensions further escalate as Saudi warplanes attack Iranian embassy in Yemen (https://www.rt.com/news/328156-iran-saudis-embassy-airstrike/)
Special Ops Called into Burns, Oregon standoff (http://thefreethoughtproject.com/oath-keepers-adamantly-oppose-armed-takeover-u-s-special-operations-forces-assigned-oregon-siege/)
North Korea Says It Conducted Successful Hydrogen Bomb Test (http://www.bloomberg.com/news/articles/2016-01-06/north-korea-says-it-conducted-successful-nuclear-bomb-test)
All this in just the last few hours ... the times they are getting interesting :).