Central Banking Failure: The DOW Plunges 700 Point Despite Rate Cuts

by | Mar 4, 2020 | Emergency Preparedness, Experts, Forecasting, Headline News

Do you LOVE America?

    Share

    Central planners are really hoping no one notices that their manipulation of the markets isn’t working. In spite of a rate cut, the DOW dropped 700 points.

    The Federal Reserve’s “surprise”(it’s a surprise to the mainstream media and those who aren’t paying close attention) interest rate cut did nothing to stop the market from plunging. If you’ve been paying attention, you know that Donald Trump has been all but demanding zero or negative interest rates (which would wipe out your savings) to keep the economy in tip-top shape.

    https://twitter.com/realDonaldTrump/status/1234869067892305923?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fwww.cnbc.com%2F2020%2F03%2F02%2Fdow-futures-rise-about-150-points-in-early-trading-extending-mondays-huge-comeback-rally.html

    But other analysts have argued that if you need rates that low, the economy is not really in good shape, to begin with; its manipulated to look that way.

    The Dow Jones Industrial Average closed 785.91 points lower, or nearly 3%, to 25,917.41; it rose more than 300 points earlier in the day. The 30-stock average gyrated between sharp gains and solid losses after the decision was announced. The S&P 500 fell 2.8% to 3,003.37 while the Nasdaq Composite pulled back 3% to 8,684.09.

    Investors, in turn, loaded up on U.S. Treasurys, pushing the benchmark 10-year yield below 1% for the first time ever. Gold, meanwhile, jumped 2.9% to settle at $1,644.40 per ounce. –CNBC

    LP(L) /gold

    LP(L) – Gold

    The mainstream media has put all their faith and is asking you to do the same, in the central bankers.  “It’s great that the Federal Reserve recognizes that there’s going to be a weakness, but it makes me feel, wow, the weakness must be much more than I thought,” CNBC’s Jim Cramer said on “Squawk on the Street” right after the sudden cut. “I’m now nervous. I’m more nervous than I was before,” Cramer added.

    Bank stocks were the ones that noticeably dropped dramatically. “The market is still trying to find its footing,” said Adam Crisafulli, founder of Vital Knowledge, in a note. “The panicked collapse of the last week isn’t something that will be quickly forgotten, and it will take a couple of weeks (at least) before stocks are on firmer ground.”

    The rate cut was done to mitigate the economic impact of the rapidly spreading coronavirus. It’s become clear that some people are panicking while others are preparing.

    Will A Face Mask REALLY Protect You From The Coronavirus?

    To better understand how central bankers are manipulating the world we live in, read Collusion: How Central Bankers Rigged the World. In this book, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order.

    Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking has ensured endless opportunities for market manipulation and asset bubbles – with government support.

    Packed with tantalizing details about the elite players orchestrating the world economy – from Janet Yellen and Mario Draghi to Ben Bernanke and Christine Lagarde – Collusion takes the listener inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos. A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance.

    URGENT ON GOLD… as in URGENT

    It Took 22 Years to Get to This Point

    Gold has been the right asset with which to save your funds in this millennium that began 23 years ago.

    Free Exclusive Report
    The inevitable Breakout – The two w’s

      Related Articles

      Comments

      Join the conversation!

      It’s 100% free and your personal information will never be sold or shared online.

      0 Comments

      Commenting Policy:

      Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

      This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.