I am not clear on the causes, as all markets are Rigged like a casino but only more so as the state surveillance knows all hands and bets before they are placed, and has the tech. ability to make millions of transactions in nanoseconds! But I am aware of many calls by owners of businesses in the markets have closed their businesses and warned clients and the public. ~ Ron
Aug 28, 2013
US equity trading volume in August of 2013 is the lowest on average in 16 years… and all-time highs, middle-east war, taper, weak macro, housing un-recovery, German elections, Asian FX crisis will do little to improve that risk-appetite for the retiring boomer army.
August US Equity Trading Volume Plunges To Lowest In 16 Years
Catherine Austin Fitts & Max Keiser Aug 22 2013
Max talks to former government official, Catherine Austin Fitts of Solari.com about extricating yourself from the tapeworm economy.
If last night the year 1993 was notable for India, as the Rupee had its largest plunge since March of that year two decades ago, today 1993 is just as memorable for CNBC. The reason: according to the latest Nielsen data, in July the financial network’s prime (25-54 demographic) viewership just tumbled to a fresh 20 year low of just 37,000, the lowest since, you guessed it, March of 1993. Why is this a problem? Considering CNBC came on air in its current post-FNN incarnation in 1991, the core viewership is now about as low as it has ever been for the struggling broadcaster which as recently as 2007 was ranked as the 19th most valuable cable channel in the US. Now: not so much.
Total viewership fared a little bit better: it too plunged last month dropping to just 128,000, but that was the lowest in “only” just under a decade, or since September 2004. At the current pace of viewership declines, however, the 2004 low of 118,000 will also likely be taken out quite soon.
Finally, CNBC’s Fast Money (-32% Y/Y), Mad Money (-42% Y/Y) and Kudlow (-52% Y/Y) all had all time low ratings in the “all viewers” category in August 2013.
Is the exodus from CNBC an issue of content credibility, or just retail revulsion to manipulated, centrally-planned markets, or even simpler, just not enough disposable income to daytrade, we will leave the $64,000 answer to CNBC’s proud new owners.
Source: Nielsen Media Research
FED Turning Us Into SERFS: Gregory Mannarino & Jason Burack
founder of the former Barnhard Capital Management, Barnhardt exposes the blatant fraud in US financial markets, the recent IRS scandal, the financial enslavement of the American people, and more.
“From Jim Sinclair via email alert to subscribers:
What does “Get Out of The System (GOTS)” mean to you?
One things is as certain as Death and Taxes, You “GOTS” to go. Inertia and long term mulling over could cost you blockage of up to 83% of your assets.
The first 6 GOTS you must do.
What I strongly wish you do is free your assets from the balance sheets of the entity with which you are dealing in the entire Western world financial system, without exceptions. The official written evidence is overwhelming that in a systemic crisis of size depositors as unsecured creditors of a bank or broker by the simple act of having an account are lenders to that institution. In fact of law, the depositor, you, are very junior lenders as they are unsecured. You need to consider yourself as an informed Cypriot knowing that bail-in was coming a few months before it occurred. What would you do? My feeling is you would have done a lot more than just the thinking about it that you are doing now.”