Disturbingly, George Soros has repeatedly demonstrated that he has had both accurate and advanced knowledge of stock market and banking crashes in the past. In fact Soros has a history of causing economic collapses with his preplanned money movements (e.g. Arab Spring). Subsequently, savvy investors keep a very close eye on Soros’ money movements and resulting holdings as Soros is the proverbial “Canary in the mine”. He is the world’s ultimate economic hit man and both bankers and politicians watch his every move with fear and apprehension. If you want to know what money venues to avoid, or embrace, tracking George Soros is your best bet.

 Monkey See Monkey Do

http://www.thecommonsenseshow.com/siteupload/2015/02/soros-fund-management.jpg">

With regard to one’s personal investments, a prudent steward of one’s own resources would want to not be where George Soros’ isn’t and to imitate Soros’ money movement with regard where George Soros does place his bets. Why? Because Soros is one of the principals that determines the “rules” for the rigged game of investments across the planet.

Soros’ money movements are significant for several reasons. First, he is now betting against both the U.S. Stock Market and three major U.S. domestic banks. Second, Soros has obtained a sizable gold portfolio which is something one would want to do if one were expecting, or causing a crash of paper currency (i.e. the dollar) to occur. Finally, and most significantly, Soros is betting against the solvency of the Federal Reserve by running from the three of the major investors (i.e. the three major banks) in the Federal Reserve.

According to a 2014 filing with the  http://www.marketwatch.com/organizations/Securities_and_Exchange_Commission?lc=int_mb_1001 - Securities and Exchange Commission , it was revealed that Soros sold his holdings in Citigroup, J.P. Morgan and Bank of America. Soros subsequently moved his money and took up new positions in gold and tech stocks associated with Chinese money movement. Soros has moved his money to RF Micro Devices, Nuance Communications, Marvel Technology Group, Nokia Corp., and Cypress Semiconductor. Soros also boosted his stake in Herbalife and took up a new position in Yamana Gold and AuRico Gold, and New Gold Inc. This sent shockwaves among aware investors in the banking and stock market arena.

 The Chinese and the Federal Reserve Will Eventually Die Together

It is interesting to note that  http://money.cnn.com/2013/10/18/news/china-jpmorgan-real-estate/ - JP Morgan Chase , earlier in 2014, has sold their property located at One Chase Manhattan Plaza skyscraper to Fosun International, a Chinese  http://www.thecommonsenseshow.com/2014/01/27/hsbc-and-chase-send-clear-signals-that-a-bank-run-is-near/ - investment firm , for  the bargain basement price of $725 million. This is only the latest in a series of New York  http://www.thecommonsenseshow.com/2014/01/27/hsbc-and-chase-send-clear-signals-that-a-bank-run-is-near/ - real estate  purchases by Chinese investors for properties formerly reserved for Federal Reserve members. This is a highly significant event that received only a couple of days of attention, but quickly faded from the front pages of the mainstream media. In a future article, I will go into more detail how Soros is setting a trap for both the Chinese and the Federal Reserve. For now, let’s suffice it to say that his actions are helping to set the course for World War III because war is something that desperate nations engage in when they have no other financial options. America, China, Russia and their military allies are quickly approaching this moment.

Collaborating Data: Why It Is Becoming Difficult to Gain Access to Your Bank Account

The Soros money movement strategies are purposeful and ominous. A wise investor from the House of Soros, would liquidate all of their current economic positions and quickly get liquid so they could invest in future winners. Unfortunately, you cannot access your money and “get liquid” with the ease of a George Soros. The banks are building in safeguards to help prevent flight from the banks. However, when it does come down to where one should put their discretionary income, there is a crystal clear pattern on what all Americans should be doing with their money.

Prior to establishing the George Soros investment watch list, it is somewhat reassuring, but not comforting, to note that the actions of the G20 and the British and American banking establishment clearly demonstrate why Soros has fled the American banking system and Stock Market. On November 16, 2014, it was revealed that the http://www.thecommonsenseshow.com/2014/11/16/the-money-in-your-bank-account-was-stolen-this-morning/ - G20 nations passed a joint resolution to get their nation’s central banking system to declare that your bank account was not defined as money. This was done because the G20 central banks are approaching insolvency. This put your assets at the bottom of the list for FDIC compensation in the event a bank failure. every “common citizen” should see this as an inevitable sign that their bank is going to fail and that they are not going to get their money back. Further, the U.S. and Britain practiced for http://www.thecommonsenseshow.com/2014/10/11/u-s-and-uk-to-test-big-bank-collapse-in-joint-model-run/ - widespread bank failures on November 10, 2o14, in a drill facilitated by the FDIC. This is so highly significant  because this is occurring at a time when the Federal Reserve gave permission to various Chinese interests (i.e. all controlled by the Chinese military) to purchase sizable positions in American banking which serves to underwrite and partially fund the Federal Reserve.

The fact that these two events happened in close proximity to each other is not surprising when one considers that an economic collapse is right around the corner. However, it is surprising that these two events (i.e. the 11/10/2014 bank failure drill and the 11/16/2014 G20 declaration) happened in such close proximity to each other presents clear signs that the banking industry is preparing to hold on to your money in attempt to stave off financial ruin.

In a future article, I will discuss strategies on how to separate your money from the banks, before the banks can separate you from your money.

Georgy’s List of Winners and Losers

By using Soros’ money movements over the past year as the blueprint on what to do and not do prior to the economic collapse, one should keep in mind the results of the Soros list of do’s and don’ts and then act accordingly,

George Soros List of Don’ts

1. Avoid the Stock Market like the plague. If your 401K or other retirement plans are tied to the Stock Market, you would be better off, in the long run, to liquidate your position and take the 50% hit from the Federal government for doing so before the age of 59.5. Half a loaf, is better than no loaf at all.

2. Get your money out the Federal Reserve banks (all banks). The obvious question is what to do with your money once you have obtained possession. This is covered in the next session under “Do’s” with regard to your discretionary income.

3. Avoid American real estate investments. Let’s not forget that the Federal Reserve, until recently, was purchasing $40 billion dollars of mortgage backed securities every single month. Then the Federal suddenly stopped the practice after they realized the error of their ways. George Soros is not investing in American real estate.

George Soros List of Do’s

1. Buy gold and lost of it!

2. Buy some silver, but realize that silver is historically unstable. Therefore, all portfolios should be heavily invested in gold over other precious metals.

3. Find a way to pay off your mortgage, because after an economic collapse, you will have no means to do so and MERS will there be waiting. If you are unwilling to do this, then you should sell your home and rent because you are throwing away your current mortgage payments.

4. At least in the near term, invest in Chinese hi tech stocks associated with their money movement. There are two very trouble considerations with this move. First, the Chinese would obviously move their money away from troubled American investments prior to the collapse of the dollar. Soros move to follow this pattern signals the end of the dollar. On a more ominous note, Soros could be telling you who is going to lose World War III. If the U.S. was slated to win World War III, would Soros invest in Chinese money movement over the U.S. dollar and the American Stock Market?

 Conclusion

When in Rome, do as the Romans do. In this case, one should be doing what George Soros is doing. To continue to invest in American real estate, the Stock Market and retirement accounts is like buying hair restoring tonic from a bald barber.

Future articles will cover how to get as  liquid as possible along with how to invest in yourself.

http://www.thecommonsenseshow.com/2015/02/19/invest-money-economic-collapse-2015/ - http://www.thecommonsenseshow.com/2015/02/19/invest-money-economic-collapse-2015/

great article Albert

I regard men like Soros to be the epitome  of evil in the world

but that doesn't mean they are stupid

people REALLY need to be getting their financial affairs in order just in case

stay well stocked with food,water,over the counter meds,pet food etc

keep some cash on hand in the Bank Of Serta

don't let your vehicles be caught running on empty

watch world affairs CLOSELY

and if things do start to unravel

double down on the preps but quick

hopefully we will avoid financial calamity

but we have been skating on thin ice for a long time now

the odds are against us

I like what David Stockman has said

"David Stockman: I Invest In Anything Bernanke Can't Destroy

http://www.cnbc.com/id/39539248 - http://www.cnbc.com/id/39539248

"“I invest in anything that Bernanke can’t destroy, including gold, canned beans, bottled water and flashlight batteries," David Stockman tells Jennifer DePaul of the Fiscal Times."

3. Find a way to pay off your mortgage, because after an economic collapse, you will have no means to do so and MERS will there be waiting. If you are unwilling to do this, then you should sell your home and rent because you are throwing away your current mortgage payments.

/QUOTE]

I don't understand this point. What has MERS to do with mortgages? Are they talking about the disease or is there some financial reference that is referred to as MERS?

Albert, I like financialcollapse.net better than the other one.

Today’s financial services industry depends on technological innovations to provide its customers with access to information, increased efficiency and reduced processing costs. MERSCORP Holdings, Inc. owns and operates the MERS® System, a national electronic registry system that tracks the changes in servicing rights and beneficial ownership interests in mortgage loans that are registered on the System.

MERSCORP Holdings is the parent company of Mortgage Electronic Registration Systems, Inc.

MERS® Residential (also known as the MERS® System) is the only national database that provides free public access to servicer information for registered home mortgages, complementing public land recording systems that have their origins in centuries old real property laws. Homeowners have free access to investor (note owner) information for their mortgages that they never had before, and MERS® Residential is also used by local governments around the nation to identify parties responsible for maintaining vacant properties and addressing code violations.

MERS and MERS® Residential were created by the mortgage banking industry to streamline the mortgage process by using electronic commerce. Beneficiaries of MERS include mortgage originators, servicers, warehouse lenders, wholesale lenders, retail lenders, document custodians, settlement agents, title companies, insurers, investors, county recorders and consumers. 

Here's What's Driving the Decline in US Stocks

http://abcnews.go.com/Business/driving-decline-us-stocks/story?id=33226193 - http://abcnews.go.com/Business/driving-decline-us-stocks/story?id=33226193

Traders work on the floor of the New York Stock Exchange on Aug. 21, 2015 in New York.

Spencer Platt/Getty Images

Following the worst slump in the U.S. stock market in 18 months on Thursday, shares continued to plunge today related to domestic and global economic concerns.

Many U.S. companies and investors are worried about the second-biggest economy in the world, http://abcnews.go.com/topics/news/china.htm - China , and how a slowdown there would affect their production and trade, according to experts. The http://abcnews.go.com/topics/business/dow-jones.htm - Dow Jones industrial average and Standard and Poor's 500 index had their worst decline on Thursday since Feb. 3, 2014.

http://abcnews.go.com/Business/wireStory/us-stocks-lower-late-morning-trade-global-markets-33179969 - China Worries Weigh Down US Stocks in Morning Trading

http://abcnews.go.com/International/wireStory/key-chinese-manufacturing-index-falls-77-month-low-33219626 - Key Chinese Manufacturing Index Falls to 77-Month Low

Here are some of the factors affecting U.S. markets:

1. China Slowdown Worries

ChinaFotoPress via Getty Images

PHOTO: Employees work on the production line of a telecom equipment manufacturer on July 27, 2015 in Wuhan, China.

Similar to Thursday's decline, today’s weakness in the markets is again centered around China, said Ben Garber, Moody's Analytics economist. He pointed to a preliminary August survey released today showing Chinese manufacturing activity fell to a six-year low, which may mean lower demand for American goods. Substantial declines in Chinese stocks once again fueled sell-offs around the globe.

Last week, China devalued its currency, the yuan, with the hope of spurring its own economy by making its goods cheaper and imported goods, like those from the U.S., more expensive.

2. http://abcnews.go.com/topics/business/finance/federal-reserve.htm - Federal Reserve Skepticism

Manuel Balce Ceneta/AP Photo

PHOTO: Federal Reserve Chair Janet Yellen, from left, with Vice Chairman Stanley Fischer, and the board of governors of the Federal Reserve System, presides over a meeting in Washington on July 20, 2015.

The Federal Reserve released minutes from a recent meeting and revealed that the hike in http://abcnews.go.com/topics/business/interest-rate.htm - interest rates that many investors expected in September may not happen after all. The U.S. central bank hasn't raised interest rates in nearly a decade.

With interest rates near zero in most economies, "If another http://abcnews.go.com/topics/news/issues/recession.htm - recession comes, markets are worried that governments may not be able to respond as flexibly," Boston College economics professor Bob Murphy said.

Lindsey Piegza, chief economist with http://abcnews.go.com/topics/business/companies/stifel-nicolaus.htm - Stifel, Nicolaus and Company, said a large portion of the decline in stocks is an acknowledgment that the U.S. economy is fundamentally not strong enough to withstand a rising rate environment. Some economists are concerned that a hike in interest rates and a subsequent increase in http://abcnews.go.com/topics/business/real-estate/mortgage-rates.htm - mortgage rates could lead to a fall in housing prices and jobs slowdown.

3. http://abcnews.go.com/topics/news/greece.htm - Greece

Greek Prime Minister Alexis Tspiras announced his resignation on Thursday after less than a year in office and called for new elections as the country receives debt relief.

"New elections might solidify this support, but in the near term will increase uncertainty about whether the Greek crisis re-emerges this fall," Murphy said.

4. More Global Concerns

Andrey Rudakov/Bloomberg via Getty Images

PHOTO: A customer counts tenge currency banknotes inside a bank in Almaty, Kazakhstan, June 23, 2015.

Elsewhere in the world, http://abcnews.go.com/topics/news/kazakhstan.htm - Kazakhstan ’s currency lost a quarter of its value on Thursday as it switched to a floating exchange rate.

"Though this country’s performance does not threaten the global economy by itself, it speaks to further upward pressure on the dollar and concerns about the negative impact of a potential Federal Reserve rate hike," Moody's Garber said.

5. Oil Lows

The price of oil is now testing six-year lows. Brent crude oil, a benchmark price for oil purchases worldwide, increased only slightly by 2 cents to $47.19 a barrel on Thursday.

Garber said the decline of http://abcnews.go.com/topics/business/energy/oil-prices.htm - oil prices and of other commodities signal fading emerging market growth prospects, ensuring "continued poor results for firms in the energy and mining sectors."

oil dipped below $40 for awhile

bad bad BAD sign

the world's economy is grinding to a halt

also be watching Turkey

if that country starts capital controls

look for them to default like Greece did

at this point anything can trigger a financial collapse

Stock Market: Dow Plunges 530 Points and More Than 1,000 for the Week

Stocks were clobbered Friday on Wall Street — a brutal finish to the worst week in the market in four years. The Dow Jones industrial average closed down 530 points, the ninth-biggest point decline in its history.

Investors worried about signs of a slowdown in the Chinese economy that could hammer companies and countries around the world. The stock of Apple, which depends heavily on demand from China, fell more than 6 percent.

The Dow finished at 16,459. It fell more than 1,000 points this week alone and is down more than 10 percent from its all-time high in May — the definition of a market correction. That has not happened in four years.

The Dow's decline for the day came to 3.1 percent. The Standard & Poor's 500 index, a broader gauge of the stock market, finished down 3.2 percent and closed below 2,000 for the first time since early this year.

"Right now there is a feeling of fear in the marketplace, and all news is interpreted negatively and it's interpreted indiscriminately," Tom Digenan, the head of U.S. equities at UBS Global Asset Management, http://www.cnbc.com - told CNBC .

In percentage terms, the decline on Friday was nowhere close to the worst of all time. On Black Monday in 1987, when the Dow fell 508 points, it represented a 22 percent decline.

The damage on Friday wasn't limited to Apple. John Deere stock fell more than 8 percent and Microsoft more than 5 percent. Energy stocks and technology stocks were hammered across the board.

Utility stocks, seen as a relatively stable bet in a rough market, fared the best, but even they were down more than 1 percent.

There was some good news in the sell-off: The price of crude oil plunged below $40 a barrel for the first time since the financial crisis in 2009. Gas has already fallen to a nationwide average of $2.63 a gallon — 80 cents lower than a year ago.

http://www.nbcnews.com/business/markets/stock-market-plunge-dow-plunges-lowest-level-year-china-fears-n413916

The man who called nearly every major economic trend over the past 30 years…including the 1991 recession, Japan’s lost decade, the 2001 tech crash, the bull market and housing boom of the last decade and, most recently, the credit and housing bubble has issued a startling new prediction.

“The DOW is going to crash to a degree we haven’t seen since the Great Depression” say world-renowned economist Harry Dent.

In fact, Dent says, “We’ll see a historic drop to 6,000… and when the dust settles – it’ll plummet to 3,300. Along the way, we’ll see another real estate collapse. Gold will sink to $750 an ounce and unemployment will skyrocket… It’s going to get ugly.”

In an exclusive video presentation Dent details the “perfect storm” of economic and demographic realities brewing that will likely make the next few years some of the most trying times in U.S. economic history.

“This is not fun and games. This is not fear-mongering. This is today’s economic reality” he plainly states in this in-depth exposè of what’s to come.

He goes on to paint a detailed picture of the financial carnage this crash could inflict on America:

“Unemployment will soar to 15% or higher as the work pool continues to shrink and companies lean towards employing people with experience, something students entering the workforce obviously lack.

Housing prices will fall again, by as much as 40%... the so-called "recovery" of 2013/14 will diminish faster than an ice on a hot summer day as mortgage rates rise and the wrong group of investors – a.k.a. speculators - lose their taste for the market.

Faced with huge revenue shortages, the federal deficit will balloon from $1.3 trillion to as much as $3 trillion.

Despite the lessons learned in 2008, mortgage companies and financial institutions have resumed offering low interest, no principle "teaser" loans and increasingly risky investments, which will lead us straight back into a second financial crisis, with no bailout possible this time.”

But Dent, a Harvard alum and best-selling author who’s appeared on Fox News, CNBC and The Alex Jones Show among countless others, adds that there’s actually a massive upside to this impending crisis.

He says those who position themselves accordingly beforehand could have the opportunity to earn millions through specific "decline-related" investments year after year, over the next decade as well as maximize the next long-term “boom cycle,” which he predicts will begin between early 2020 and late 2022.

The controversial video, initially released to a private audience, has gone viral as hundreds of thousands are seeing new evidence for a looming economic crisis, and are heeding Harry Dent’s advice to survive and prosper.

Take a few moments to watch his special presentation to learn the facts as well as prepare yourself for the coming crisis.

However, viewership is limited to only those who provide their email address.

“The collapse is coming soon, so we want to keep in touch with those who watch the video,” comments Harry Dent, “So before they see it, we just ask for their email address so we can send them our regular updates called Economy and Markets Daily. It’s purely a free benefit. If viewers don’t find out timely insights helpful, they can just click the unsubscribe button. So no strings attached.”

Indeed, over 300,000 people are already receiving Dent’s daily updates through Economy and Markets Daily, and hundreds more are joining every day!

Perhaps they will be prepared for this looming collapse that will wipe out so many.

https://research.economyandmarkets.com/X195R617/?gclid=Cj0KEQjwu-

CuBRCQ2byQtMep7e0BEiQABQKlkTXsbH_

u02mNeO34LMoOabi3cfgr9CZU0j17oljO8_saAkaW8P8HAQ

Wall Street Crash of 1929 and its aftermath

The strength of http://www.historylearningsite.co.uk/America_economy_1920s.htm - America’s economy in the 1920’s came to a sudden end in October 1929 – even if the signs of problems had existed before the Wall Street Crash. Suddenly the ‘glamour’ of the http://www.historylearningsite.co.uk/1920s_America.htm - Jazz Age and http://www.historylearningsite.co.uk/prohibition_and_the_gangsters.htm - gangsters disappeared and America was faced with a major crisis that was to impact countries as far away as http://www.historylearningsite.co.uk/weimar_depression_1929.htm - Weimar Germany – a nation that had built up her economy on American loans.

The huge wealth that appeared to exist in America in the 1920’s was at least partly an illusion.

For example the African Americans and the farmers had not benefited in the http://www.historylearningsite.co.uk/1920s_America.htm - Jazz Age but neither had 60% of the whole population as it is estimated that a family needed a basic minimum of $2,000 a year to live (about £440) and 60% of US families earned less than this. Almost certainly some of the 60% included those who had gambled some money on Wall Street and could least afford to lose it in the crash of October ‘29.

The very rich lost money on Wall Street but they could just about afford it. But the vast bulk could not afford any loss of money. This had a very important economic impact as these people could no longer afford to spend money and therefore did not buy consumer products. Therefore as there was no buying, shops went bust and factories had no reason to employ people who were making products that were not being sold. Therefore unemployment became a major issue. The http://www.historylearningsite.co.uk/causes_of_the_Great_Depression.htm - Great Depression took a while to get going but by the winter of 1932 it was at its worst.

The impact of the Wall Street Crash:

There was no system of benefit for the unemployed. Charities such as the Salvation Army gave out free food and shelter. It is known that some people actually starved to death. In some states men deliberately set fire to forests to get temporary employment as fire fighters while farmers killed their animals as no-one could afford to buy them in the cities despite there being great hunger there.

What did the government do?

The president was a Republican, Herbert Hoover. He believed that if you were in trouble you should help yourself and not expect others to help you. This he called “rugged individualism”. Therefore he did not do a great deal to help those out of work.

Hoover did not believe that the depression would last – “Prosperity is just around the corner” is what he said to businessmen in 1932 when things were just about at their worst. Squalid cardboard campsites were created in cities to live in…called “Hoovervilles”. The nick-name of the soup given out by charities for the unemployed was “Hoover stew”.

However, Hoover did do some good. Money was used to create jobs to build things such as the Hoover Dam. In 1932 he gave $300 million to the states to help the unemployed (Emergency Relief and Reconstruction Act) but it had little impact as states run by the Republicans believed in “rugged individualism” more than Hoover did and they used only $30 million of the money offered to them.

Many saw Hoover’s attempts as being “too little too late”.

In the November 1932 election, Hoover was heavily defeated by the Democrat candidate. This man had promised the American public a “ http://www.historylearningsite.co.uk/new_deal.htm - New Deal “. His name was http://www.historylearningsite.co.uk/f_d_roosevelt.htm - Franklin Delano Roosevelt . Thirteen years of Republican rule had come to an end.

http://www.historylearningsite.co.uk/modern-world-history-1918-to-1980/america-1918-1939/wall-street-crash-of-1929-and-its-aftermath/

Chinese stocks crash as Shanghai drops over 8 per cent

Investors watch stock prices in volatile equity markets in mainland China. Photo: AFP

Chinese stocks were engulfed by a wave of selling on Monday, with stocks in Shanghai wiping out all the gains they had posted for the year and the is now trading in negative territory for 2015. 

The Shanghai Composite index was trading at 3,221.67 at 10:15 am, down 8.16 per cent for the day and down 0.02 per cent for 2015.

The Shenzhen Composite Index traded at 1,888.46, down 7.4 per cent, or 150.93 points. The ChiNext Price Index slides 7.89 per cent, or 184.8 points to trade 2,157.15.

Shenzhen slid below the psychological 2,000 point level it had been trying to hang onto for weeks. The fall likely triggered sell-stops under that level, aggravating the decline.

Chinese shares have been in near free-fall since scaling a 7-year top on June 12. 

Warnings against what it called "malicious short selling" by the government and billions of yuan in measures announced by Beijing to prop up the market has failed to stem the rout.

The three week long fall of both Shanghai and Shenzhen after June 12 erased nearly US$4 trillion in value from the two markets.

Aussie stockmarket tumbles amid growing fears over health of global economy

AUSTRALIAN shares have plunged today with $53 billion stripped from the value of the nation’s companies as uncertainty grips global markets.

Early this afternoon, the benchmark ASX 200 index was down 3.7 per cent, with the losses felt across the board from banks to resources stocks.

The index tumbled 2.6 per cent within the first 30 minutes of trade today. It is among the worst openings to a trading session in the past five years.

Banking giants including the Commonwealth Bank, Westpac, National Australia Bank and ANZ along with the big miners Rio Tinto and BHP Billiton all shed about 2 per cent each.

Mum and dad favourite, Telstra, had also dropped by more than one per cent.

At 12.48pm, the ASX 200 was down 3.7 per cent, with $53.2 billion wiped from the value of Australia’s listed companies.

That puts it on track to be the worst day since September 2011.

Asian sharemarkets have also been swept up in the rout.

The main Hong Kong and Shanghai indexes have tumbled in early trade today as concerns about China’s economy deepen despite efforts by Beijing to shore up local share prices.

Hong Kong’s benchmark Hang Seng index dropped more than 4 per cent in the first minutes of trading.

China’s Shanghai Composite index slumped 5.1 per cent in early trade and was down 8.5 per cent early this afternoon.

http://www.heraldsun.com.au/business/aussie-stockmarket-tumbles-amid-growing-fears-over-health-of-global-economy/story-fni0dcne-1227496166225

U.S. stocks poised for another sharp drop

Got some rest over the weekend? Good. There's a bumpy ride ahead.

http://money.cnn.com/data/premarket/?iid=EL - U.S. stock futures are sharply down on Monday morning as worries about China continue to fuel a global sell off.

Nasdaq futures are down 3.5%, with Dow and S&P futures both around 2% lower.

Here are the five things you need to know before the opening bell rings in New York:

http://money.cnn.com/2015/08/23/investing/world-stock-markets/index.html?iid=surge-toplead-intl -

http://money.cnn.com/data/fear-and-greed/?iid=EL - http://money.cnn.com/quote/quote.html?symb=APLE&source=story_quote_link - APLE ) is down over 4% in premarket trading, while Netflix ( http://money.cnn.com/quote/quote.html?symb=NFLX&source=story_quote_link - NFLX , http://money.cnn.com/technology/tech30/index.html?iid=EL - Tech30 ) is down more than 5%. Facebook ( http://money.cnn.com/quote/quote.html?symb=FB&source=story_quote_link - FB , http://money.cnn.com/technology/tech30/index.html?iid=EL - Tech30 ) is trading about 4% lower.

Bank of America ( http://money.cnn.com/quote/quote.html?symb=BAC&source=story_quote_link - BAC ) has also suffered losses, trading 3.5% down in premarkets, and other financial stocks are under pressure.

3. Oil hits new 6-year low: Oil plunged 3.5% on Monday to trade at $39.04 per barrel. Prices had fallen below http://money.cnn.com/2015/08/21/investing/crude-oil-prices-below-40/index.html?iid=EL - $40 per barrel for the first time since 2009 on Friday.

Natural gas and gold are also down. Cheap oil and other commodities are weighing heavily on many emerging markets, with Russia, Brazil, and Venezuela among the biggest losers.

http://money.cnn.com/technology/tech30/?iid=EL -

Germany's DAX also fell 2.7%. China is a crucial market for its automakers.

And it was all misery for other http://money.cnn.com/data/world_markets/asia/?iid=EL - Asian markets again, with all major regional indexes closing in the red. http://money.cnn.com/data/world_markets/nikkei225/?iid=EL - Tokyo's Nikkei ended the session 4.6% down.

http://money.cnn.com/2015/08/22/investing/stocks-market-lookahead-august-22/index.html?iid=EL -

ALSO - Looks like China is about to devalue the yuan once again soon.

Premarket: Great fall of China sinks world stocks, U.S. dollar tumbles

Alarm bells rang across world markets on Monday as a 9 per cent dive in Chinese shares and a sharp drop in the dollar and major commodities panicked investors.

European stocks opened more than 3 per cent in the red after their Asian counterparts slumped to 3-year lows as a three month-long rout in Chinese equities threatened to get out of hand.

Safe-haven government bonds and the yen and the euro rallied as widespread fears of a China-led global economic slowdown and currency war kicked in.

“It is a China driven macro panic,” said Didier Duret, chief investment officer at ABN Amro. “Volatility will persist until we see better data there or strong policy action through forceful monetary easing.”

With serious doubts now emerging about the likelihood of a U.S. interest rate rise this year, the dollar slid against other major currencies. It was last at 120.25 yen its lowest in three months.

The Australian dollar fell to six-year lows and many emerging market currencies also plunged, whilst the frantic dash to safety pushed the euro to a 6-1/2-month high.

“Things are starting look like the Asian financial crisis in the late 1990s. Speculators are selling assets that seem the most vulnerable,” said Takako Masai, head of research at Shinsei Bank in Tokyo.

Commodity markets took a fresh battering. Brent and U.S. crude oil futures hit 6-1/2-year lows as concerns about a global supply glut added to worries over potentially weaker demand from China.

U.S. crude was down 3 per cent at $39.20 a barrel while Brent lost 2.4 per cent to $44.40 a barrel.

Copper, seen as a barometer of global industrial demand, tumbled 2.5 per cent, with three-month copper on the London Metal Exchange hitting a six-year low of $4,920 a tonne. Nickel slid 4.6 per cent to its lowest since 2009 at $9,730 a tonne.

GREAT FALL OF CHINA

The near 9 per cent slump in Chinese stocks was their worst performance since the depths of the global financial crisis in 2009 and wiped out what was left of the 2015 gains, which in June has been more than 50 per cent.

The latest rout was rooted in investor disappointment that Beijing did not announce expected policy support over the weekend after its markets shed 11 per cent last week.

Compounding the real-time falls all index futures contracts slumped by their 10 per cent daily limit, pointing to more bad days ahead.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 5.1 per cent to a three-year low. Tokyo’s Nikkei was down 4.1 per cent and Australian and Indonesian shares hit two-year troughs.

“China could be forced to devalue the yuan even more, should its economy falter, and the equity markets are dealing with the prospect of a weaker yuan amplifying the negative impact from a sluggish Chinese economy,” said Eiji Kinouchi, chief technical analyst at Daiwa Securities in Tokyo.

There was further evidence that developed markets were becoming synchronised with the troubles. London’s FTSE which has a large number of global miners and oil firms, was down for its 10th straight day, its worst run since 2003.

http://www.theglobeandmail.com/globe-investor/inside-the-market/market-updates/premarket-great-fall-of-china-sinks-world-stocks-us-dollar-tumbles/article26069709/

Chinese Stocks Are Crashing; Yuan Devalues, Deposit Rate Spikes To Record High, Japan Denies "G7 Response" Planned

http://www.zerohedge.com/news/2015-08-24/asiapac-stocks-continue-collapse-yuan-deposit-rates-spike-record-high-china-devalues

The central bank acknowledged the weakness in the Chinese economy - and the need for intervention.

Medclinician

a co-worker and I were discussing the stock market last week

I urged her to move her money into safer investments

she was going to do it this week

but for some reason went ahead and did it last week

to say she dodged a bullet is to put it lightly

she is one happy camper

the crash of the market in Sept/Oct is not news to me

I have been expecting it for quite some time

the REAL news is out there

you just have to look for it

the crash of 2008 was predicted for at least 2-3 years before it happened

I moved my money then also

the sites I follow on the WEB predicted that crash down to the exact time period

just like they have predicted this one

the worst is yet to come

this dip so far is just a shot across the bow

the market may well recover,for a brief period

before it crashes BIG TIME

Albert

you could take out the word "China" in your post

and substitute the "United States"

people have no faith in government

they are beginning to realize just how VERY corrupt it all is

quite frankly

if I hear ANYTHING from a "government" source

I regard it as a LIE

until verified by other more reliable sources

Dow, S&P close lower in biggest reversal since Oct. 08

watch out for those dead cats

A Note On Dead Cats Bouncing: Six Of Ten Largest One-Day Stock Gains Occurred During The 2008-09 Meltdown

http://davidstockmanscontracorner.co...t+AM+Wednesday

"Six of the ten largest point gains in the history of the stock market occurred between September 2008 and March 2009. That’s right.


During one of the greatest market collapses in history, the market soared by 5% to 11% in one day, six times."

JPM Head Quant Warns Second Market Crash May Be Imminent: Violent Selling Could Return On Thursday

ht tp://www.zerohedge.com/news/2015-08-27/jpm-head-quant-warns-second-market-crash-may-be-imminent-violent-selling-could-retur