Are ENORMOUS Stock Market problems coming? – Are BIG MOVES being made to prepare?
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Below is an announcement by Credit Suisse of ETNs (Exchange Traded Notes) that they’re shutting down. I am not going to go into detail but ETNS/ETFS are special "mechanisms" that use computers in order to mimic other financial instruments, like the price of Gold.
So you get ETNs/ETFs that mimic 2x and 3x the price movements of Gold, Gas, Silver, Stock Markets, Indexes, etc.
All of a sudden, out of the blue Credit Suisse has announced that it is shutting down several of its ITNS, without any further notice.
I asked an American pal of mine who had been a trader on Wall St 25+ years ago what was happening. His reply made for some interesting twists. This is what he wrote:
Howdy,
That they are closing down those very active ETFs must mean the ‘area’ had to be vacated. Fireworks coming?
OTC is not for quick trading, if anything at all.
NUGT, DUST, JNUG, JDST have been converted from 3x to 2x, likely because of increased volatility.
Things are heating up here. "Interesting Times."
Video: WW3: The Stupid World War: Where even the weakest Whites stand a chance
I discuss the future and the possibility of Nuclear Wars. I look closely at China as a future threat to America and Whites. I also look at what Russias possible future might be. Can we expect intensive fighting like in WW2 or does the future hold other possibilities. If so, what?
Photo: Young White woman beheaded with a sword in broad daylight in California by her non-White BF
I honestly wish Whites would be shown crime scene photos. That would change our civilization overnight.
White Shop: Tigers in the Mud: The Combat Career of German Panzer Commander Otto Carius
He was physically small and often underestimated, but once he took command of his first Tiger he found his calling and worked his way up the chain of command from a lowly loader to company leader. His exploits on the Ost Front became semi-legendary, but unlike some of his more famous fellow Tiger aces (Wittman, von Strachwitz), he survived to tell the tale first-hand.