About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. In 1989 in a settlement with the United States Commodity Futures Trading Commission, Nelson Bunker Hunt was fined US$10 million and banned from trading in the commodity markets as a result of civil charges of conspiring to manipulate the silver market stemming from his attempt to corner the market in silver. Just remember the market news: Dow Jones Industrial Averages Closing Stock Report = Duodenum, Jejunum, Ileum, Appendix, Colon, Sigmoid, & Rectum. Since the Dow Jones for the last trading day of this claimed Shemitah year (9/11/15) was 16,433.09, we have seen a slight rise so far in the ‘wake’ of the claimed Shemitah year.
Second, as far as financial destruction to the stock market in the claimed Shemitah year by Jonathan Cahn, let me again state that the DOW Jones Industrial Average opening at the start of their claimed Shemitah year was 17,033.93 and the DOW Jones Industrial Average close today was 16,510.19. A reduction of about 3%. The Dow will move in the next year and I think you will find it will range up to 9500 over the period. It’s sobering to recall that some of the famous Lincoln/Douglas debates were seven hours long.
In the vice presidential debate, VP Joe Biden provided TV’s Saturday Night Live a good amount of skit fodder by prolonging his out-loud guffawing at the opposing candidate, Paul Ryan, throughout that debate. Now it appears Russian hackers cracked the Dow Jones & Co. network, a company that houses the Wall Street Journal amongst other financial properties.
The folks looking at the best deals live in the United States and in Europe, you get less money back and your machine has to meet higher standards. Apart from sleep and the Super Bowl, there’s nothing that commands the attention of the average American these days for seven hours. It was morning in America, and for a few shining years the average Ph.D. had less of a chance of dying penniless in the gutter than the average musician.
When this attitude spread to the average man on the street, behind the desk, and answering the phone, the machine broke down. Not only has TD Bank’s service been exemplary but I have never been charged a checking fee as long as I keep a paltry $100 dollars in my account (something quite uncommon with Bank of America), whenever I need to speak to a person they are always there, 24 hours 7 days a week and I have NEVER had any issue of any kind with them. Defined are ETFs, bullion, gold futures and options, mines, mutual funds, gold accounts, accumulation plans and more.