Silver as an investment

WealthCycles: Latest NASDAQ Freeze Intensifies Chill on Trading

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

It happened again. Last week the NASDAQ securities market froze up, crippled by another computer glitch. This time trading stopped for three and a half hours, and all orders were cancelled. Yet again, technical problems have dramatically spotlighted the shortcomings of the modern stock market.

The NASDAQ crashed at 11:48 a.m. Eastern Time. All trading stopped on the exchange, and trades in NASDAQ-listed stocks on other exchanges slammed to a halt as well when the exchange decided to pull the plug about 27 minutes later at 12:14pm, according to news reports. Trading in stocks valued at more than $5.9 trillion simply stopped. Ascribed to a failure in a NASDAQ computers feeding quote and trade information, the freeze continued until 3:25 p.m. while NASDAQ was trying to figure out what happened.

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Latest NASDAQ Freeze Intensifies Chill on Trading Underscoring Flight of Commercial Investors from Markets

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