"Stocks Dump Today - WTF Just Happened?" The stock market (per the Dow), after an initial spike up at the open, has sold off continuously today. The sell-off began to accelerate just before 2 p.m. EST on no specific news or event catalysts. So what the heck happened? To begin with, the stock market jumps at the open almost everyday no matter what type of news hits the tape overnight. It's clear that the Fed's "unspoken" policy is to support asset prices. But it's the events developing behind the thick veil of propaganda that is starting to become obvious. The real economy sucks. The average household is sinking slowly under the weight of debt that grows continuously and will soon become unbearable. The fraud and corruption at all levels of Government and Corporate America has become glaringly blatant. The Federal Government is going to issue well over $1 trillion in new Treasury debt this year - debt that not only will never be repaid but will continue to grow exponentially until the system collapses. Gold has spiked up in response to the stock market turmoil. Physically deliverable gold is running low in NY and London. The clearest sign of this is persistent backwardation on the LBMA. Eric Dubin and I discuss the ticking time bomb of rising interest rates and what it will take for gold and silver to finally break out and up in our "WTF Just Happened" podcast, hosted by Jason Burack and Wall St for Main St. Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 40 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected]