Earlier today, we lamented the latest implosion in Chinese markets, which we discussed in ” China Stocks Crash Through ‘Snowball Derivatives’ Trigger Levels Overnight “, in which we pointed out the unprecedented failure of the centrally-planned market to halt its collapse be it through short selling bans, or even the latest impotent intervention by the “National Team”, China’s Plunge Protection Team, which today failed to spark even a modest rebound in the relentless selling which had triggered key liquidation levels. We then summarized just how badly Beijing had boxed itself, noting that “after short selling ban did nothing, China […]
Read the rest of this story here: www.zerohedge.com
Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.
