Asian Markets getting Hammered in early trading

the next 72 hours are going to be telling... this really could be the first domino

NIkkei and HSI both down 2% already

Roger that! Markets are on the move big time!!

And Australian gold miners doing very well.

Just the beginning.

People know that they can't trust banks anymore. As one wise woman has said, if you can't stand over it with a gun, you don't own it.

Out of fear of the truth, people are going to be forced to liquidate all their paper assets and bank accounts.

They have pulled the trigger on the next stage of the collapse of Western Civilization. The next week is going to be interesting.

metals should have a nice vertical move ... imagine if they weren't totally manipulated by Central Bankers

Wow!!!! Solid red folks!! Major correction tomorrow at 9:30 EST!!!!:tantrum:

I don't think this is the proverbial straw that'll break the camel's back. I think it's that one piece of straw before that one. They'll try to back off on the "one time levy" but the geanie is already out of the bottle. Confidence is lost now. My guess is that within a couple of weeks Cyprus will be gutted of every commercial account they have. Then they'll completely topple. That'll be the beginning of the end for the euro.

I'm wondering how this'll play out on this side of the pond. I know the Fed has a lot of money tied up in European banks, though if I recall they had tried to limit their exposure somewhat. Will US consumers panic that their money is next? I'm not sure how this'll play out.

Agreed thats why the next 72 hours should be fascinating... it all depends on how lost and gone the sheep are.. I do think this is a big Domino to fall...

no organic growth in western economies... they have to use these gimmicks to keep the boat afloat. its not about fixing the boat.. its simply about trying to keep enough water off it to just keep the system propped up

popped my cherry on 1st pin!

whooo thanks All ....

Nikkei 225
12,292.79
-268.16 ( - 2.13%)
03/18 11:16

SEEEEEEEEEEEEEEEERRR!

EUR/JPY (EURJPY=X)
-CCY

122.0597 Down 2.6058(2.0900%) 10:18PM EDT

WOW! nice add on!

Multiple Choice:

Who makes the "No Need to Panic" comment

A. ECB
B. SocGen CEO
C. Merkel
D. Cyprus President
E. Berlusconi

F. All of the above

gold and silver did quite well for a little while today
[link to www.kitco.com]

[link to www.kitco.com]
they did quite well for a while

I'm confused it says sell off Monday???

Haha wow yeah it's Asia.. Hanging my head now.

And just think of all the yen they just printed...again...QE 57...and its rally is all gone now.

They need to order another 3500 printers.

Go Long Toner!

but they don't have uncle benny infinity. this can't happen over here.....or can it...??

Congratulations!

CARSH?

coming to a country new you...