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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Wednesday 19 October 2011

Black Monday” was 24 years ago today – October 19, 1987. On that date the Dow Jones Industrial Average (DJIA) fell a staggering -22.6% (508 points) closing at 1738. What followed was a Secular Bull market that saw the DJIA advance by +561%, or 9,759 points, closing the decade at 11497. In the past eleven (11) years, the DJIA has advanced a worthless 80 points, closing yesterday at 11577. 

Thanks to BM,who posted this quote on Dino's CIL today


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