World markets plunge. Oil BELOW $27! North American Markets set to open DEEP Red.

Shell expects 4th-quarter profit to drop by at least 40% after sharp drop in crude oil prices - Globe and Mail

Dow futures off over 300 points; oil sinks below $28 per barrel - CNBC

Gold
Feb. 2016 contract
$ / troy ounce 1,095.30 +6.20 +0.57%

What kind of time line are we looking at for this thing to come undone? Days, weeks? Best guess?

The number of barrels of oil that a single ounce of gold can buy has never, ever been higher.

For the last 30 years, when the ratio of gold-to-oil spikes, something systemically serious occurs globally.
[link to www.talkmarkets.com]

Yippie Kiyay, Mother F*ckers! Bring it!

Let it burn baby...anarchy anarchy anarchy

Are you new here?

Its always tomorrow

Lol. That's what my uncle told me.

not looking good for the stock tards.

The Last chump to sell lose it all...

Global stocks routed again as oil slide seems bottomless

FRANKFURT - The ongoing rout in global stocks deepened Wednesday as oil prices slid further.

Japan's Nikkei entered bear-market territory, down more than 20 per cent from its June peak. Lower growth forecasts from the IMF compounded anxiety over a weaker Chinese economy.

KEEPING SCORE: In early trading, Germany's DAX tumbled 2.8 per cent to 9,388.41 and France's CAC-40 shed 3.2 per cent to 4,135.95. Britain's FTSE 100 sank 2.9 per cent to 5,703.84. Wall Street looked set for losses. Futures for the Dow Jones industrial average were down 1.9 per cent at 15,619.00 and S&P 500 futures lost 1.8 per cent to 1,840.00.

CHINESE SLOWDOWN: The world's second-largest economy cooled further in the latest quarter, dragging 2015's growth to a 25-year low of 6.9 per cent. The slowdown has dampened demand for goods from oil to iron to heavy machinery. Anxiety over China's outlook has contributed to oil prices falling to 12-year lows, as China is a major energy consumer.

Oil's fall is seen as a proxy for troubled demand in the global economy, and has also slammed energy company stocks.

IMF OUTLOOK: The International Monetary Fund cut its forecast for this year's global economic growth to 3.4 per cent from its October outlook of 3.6 per cent.
[link to www.montrealgazette.com]

Thanks for the pin.

Good, fuck America

Short term this looks like damage but looking 2 years out this is positive for the economy of the world. I am buying here.

wow.
I should be careful what I wish for.

I agree.
just don't know where to buy.

Well it looks like I will be loosing My home this year. I'm not to happy about it but Hey what can You do when wall street destroys the oil industry. If the government really cared about the people they would throw those assholes in prison but We all know that's not going to happen.

Goldman Sachs profit falls 65% after legal settlement on its handling of mortgage-backed securities reached - Bloomberg

It's just a few more months before total and complete annihilation.....

Feb will be full tilt WW3.

I heard the oldest guy of the three-person CNBC crew (from their set high in the mountains of Davos, Switzerland--along with most of the world's elites this morning) at 6:00 AM pile on to what Cramer said 12 days ago.

He said (and I played it back twice to be sure) "what will it matter if we're all roasted...or flooded."

It was kind of out of the blue...

Weird.

Futures WAY Down One-Star Attacks Way UP

The New World Order Communists are in a tizzy trying to keep you from checking your bank accounts.

CHECK YOUR BANK ACCOUNTS NOW ! ! ! ! Before/as they open the banks ! ! ! ! !

See:
Futures -300
Thread: Did Dow Really Drop 300?

No! Not yet.... this thing hasn't bottomed yet.

I heard the oldest guy of the three-person CNBC crew (from their set high in the mountains of Davos, Switzerland--along with most of the world's elites this morning) at 6:00 AM pile on to what Cramer said 12 days ago.

He said (and I played it back twice to be sure) "what will it matter if we're all roasted...or flooded."

It was kind of out of the blue...

Weird.

Lol you people just don't get it

did you put all your money in stocks?

"Wall Street was set for steep losses at the open on Wednesday, as a renewed selloff in Asia and tanking oil prices triggered a flight from risky assets such as equities.

Investors were also holding off from making any big moves ahead of the release of inflation data and housing numbers for December,due ahead of the bell."

[link to www.marketwatch.com]