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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
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To: Box-By-The-Riviera™ who wrote (212912)4/5/2025 10:28:44 PM
From: TobagoJack  Read Replies (1) of 217899
 
Spoke with retired broker who was active in 1987.
He tells me that on the fateful Monday the markets fell ~25% in one day.
And in the case of Hong Kong, 27 futures brokers went bankrupt on that day, summarily.
Bankers threatened clients.

At the time I was employed in a real business happily building up cash savings and held no financial product positions
I was the CFO
The expat workers in the company did not report to work that day
All terrified as they were all near retirement age
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