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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (24135)2/22/2005 10:09:25 PM
From: Chispas  Respond to of 116555
 
Rumor Only - Is Something Coming? Geo. Ure asks --

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I have had several calls today from people who ask what the hell is coming. The reasons for the calls:

*

Dow tanked 174 points - supposedly because Korea might be getting ready to shed some dollar denominated holdings.
*

Gold up $8.00+ on the day.
*

Commodities up across the board

It's almost like something is coming. The President, Sec State and key members of congress are out of DC and I had one reader report that "government looking types were in Home Depots in the DC area early today buying up flashlights, tarps, rope, and so on." The same reader reported that bottles of Everclear and anything that looks like medicinal alcohol has been swept off the shelves in the DC area.

Now, not to be an alarmist here, but if you're in the DC area, and have first hand reports, please CLICK HERE to send them. I want to know with 13,000 citizen reporters out there what is going on that is causing the odd behaviors. I want to know what odd behaviors you might have noticed today. I will collate this and put up a special report if warranted before 8 PM Pacific tonight. But clearly, if the rumor mill around the net is right something big is about to happen - and it doesn't sound like bird flu.

Maybe it's all just normal swirling of rumors on the net. But you tell me...

urbansurvival.com