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 AdminBill feels it is important to remind members of WSOMN of the possibility that the coming week may bring a temporary financial instability in the markets.

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PostSubject: AdminBill feels it is important to remind members of WSOMN of the possibility that the coming week may bring a temporary financial instability in the markets.    Sun Mar 25, 2018 7:49 pm

Adminbill wrote

I feel it is important to remind members of WSOMN of the possibility that the coming week may bring a temporary financial instability in the markets. My suggestion is to be prepared for that possibility with your vehicles fueled and adequate supplies for your family on hand. Better to be prepared than not.


Should the Chinese shift to a gold backed currency on Monday the 26th that could have a ripple effect on Wall Street and stock markets globally during a potential day or two of market closures as adjustments are made.


It is possible that there will be a 2 to 10 period where the instability of the the dollar will make it difficult to conduct business. Try to have cash on hand for emergency use only.


This is by no means the way this plays out but better safe than sorry.

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PostSubject: Re: AdminBill feels it is important to remind members of WSOMN of the possibility that the coming week may bring a temporary financial instability in the markets.    Mon Mar 26, 2018 12:12 am

Could there be instability? DUH, the market's middle name is instability, not to mention just look at the last few weeks. China is not moving to a gold standard, and even if they did it would not necessarily equate market instability. Interest rates are going up, and there is concern about a possible trade war, the market being what it is that guarantees instability.

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AdminBill feels it is important to remind members of WSOMN of the possibility that the coming week may bring a temporary financial instability in the markets.
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