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Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 1:16 pm
by Ad Orientem

Re: Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 5:07 pm
by MachineGhost
Its a game of chicken now.

Re: Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 5:42 pm
by Libertarian666
I'm shocked! shocked, that gambling is going on there.
Of course this won't have any effect on gold... or will it?

Re: Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 5:48 pm
by Mike59
Libertarian666 wrote: I'm shocked! shocked, that gambling is going on there.
Of course this won't have any effect on gold... or will it?
http://www.kitco.com/charts/livegold.html

moonshot straight up, over $10 at the open .... Should be an interesting week

Re: Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 5:51 pm
by Libertarian666
Mike59 wrote:
Libertarian666 wrote: I'm shocked! shocked, that gambling is going on there.
Of course this won't have any effect on gold... or will it?
http://www.kitco.com/charts/livegold.html

moonshot straight up, over $10 at the open .... Should be an interesting week
Yes, but the after hours market in Asia has very low volume. What will be more interesting is to see what happens when Europe opens, around 4 AM Eastern time (IIRC).

Re: Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 5:56 pm
by Mike59
http://money.cnn.com/data/premarket/

US S&P futures down -1.5% , ouch!  If this sticks overnight it's the most excitement /volatility I've seen in a long time, takes me back to August 2011 fiscal cliff days...  ;D

Re: Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 6:29 pm
by Ad Orientem
Mike59 wrote:
Libertarian666 wrote: I'm shocked! shocked, that gambling is going on there.
Of course this won't have any effect on gold... or will it?
http://www.kitco.com/charts/livegold.html

moonshot straight up, over $10 at the open .... Should be an interesting week
;D  I just bought some more gold on Thursday.

Re: Greece to close banks and stock market amidst financial panic

Posted: Sun Jun 28, 2015 6:34 pm
by Cortopassi
Will be interesting if this can be papered over yet again by central banks or if this is the start of something serious.  I have been happy with the gold I hold, and this certainly is one reason.