Godlike Productions - Reply to Thread

Users Online Now: 2,354 (Who's On?)	Visitors Today: 929,175
Pageviews Today: 1,274,303	Threads Today: 358	Posts Today: 5,905
10:43 AM

REPLY TO THREAD

Subject Here You Go: It's Over

User Name

Font color: Font:

In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.

Original Message Here You Go: It's Over
Karl Denninger Market Ticker Nov 22, 2011

We're done folks.

CNBC is reporting that there are now clients running out of the markets entirely because they do not believe their customer funds are safe.

That's the end of it. The belief that there are more MF Globals has now taken hold. The thieves have
pushed it too far and now we've got the start of a global liquidity run, and with good reason.

The authorities both in the regulatory side and on the prosecutorial side have refused to
put a stop to the thievery and now the risk factors have turned into realized risk.

The market is done folks. You can be right but if you make your bet in the markets, are right, and
then get screwed anyway when someone steals the money and nobody goes to jail there comes a time when people begin to understand that it can happen to them and will unless they depart the market.

We're there folks.

More at link: [link to www.321gold.com]

Pictures (click to insert)





\| Next Page >>