OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

100 years ago

Posted by goldielocks @ 3:05 on July 31, 2014  

Today, 100 years ago the stock market closed ” until I think December 1914, due to war in Europe. WW1. Thanks to Obama looks like history’s gonna repeat. Guess they would call that the 100 year cycle.
The reason the market closed was because Europe were getting into stocks selling them to redeem gold as dollar was gold backed then. With trouble in Europe they needed something movable and would survive a currency crisis.
However this time as far, they are running to stocks and dollar instead. When our economy turns down it will probably a different story. Think that’s what Armstrong is hinting to.

Thanks to Obama Putin threading war in Europe.


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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.