by Michael Snyder, The Economic Collapse Blog:
We have definitely deviated from the script. According to virtually all of the “experts”, the stock market was not supposed to keep plummeting in November. This was supposed to be the month when the market calmed down and things returned to normal. But instead, November is starting to look a whole lot like October, and many investors are really starting to freak out. U.S. stocks declined for a third day in a row on Monday, and all post-election gains have now been completely wiped out. The Dow Jones Industrial Average lost another 602 points, and all of these large daily losses are really starting to add up. It may still be a bit too early to call this a “major financial crisis”, but if stock prices keep plunging like this it won’t be too long before all hell starts breaking loose on Wall Street.
She gave me a strange smile as I approached, something I had not expected. A vice-president came out of his glassed office, walked up to the teller bay and said, “Randy, did you know you just brought a gun into a bank?”
GOLD DOWN $4.65 AND SILVER IS DOWN 10 CENTS AS THE USA INDEX CLIMBS TO 97.59/VOLATILITY INDEX CLIMBS A HUGE 3.08 POINTS TO 20.44/ITALIAN BOND SPREAD/GERMAN BUND SPREAD RISES ABOVE 3.00 TO 3.04/CHINA REPLACES THE USA WITH RUSSIA IN THE PURCHASE OF SOYBEANS/FIFTY MILLION APARTMENTS ARE EMPTY IN CHINA IN A NIGHTMARISH SCENARIO/CARIGE BANK IN ITALY BAILED OUT TEMPORARILY BY OTHER ITALIAN BANKS BUT THE SITUATION IS DIRE/MALAYSIA SEEKS FULL REFUND FROM GOLDMAN SACHS IN SCANDALOUS 1MDB AFFAIR/SURE LOOKS LIKE VOTER FRAUD IN FLORIDA AND MAYBE ARIZONA/MORE SWAMP STORIES FOR YOU TONIGHT
The ballot counting in Florida elections is a shambles. The gubernatorial race is a shambles. The agricultural commissioner’s race is a shambles. And the Senate race is a shambles. We’re all heading for recounts in these races—and the two counties that keep chipping away at GOP vote totals, Broward and Palm Beach, 
As reported last week, shortly after SWIFT caved to US pressure and defied the EU announcing it would cut off a selection of Iranian banks, on Monday, the US Treasury said the Iranian Central Bank has been officially cut off the SWIFT financial messaging system. The disconnection, which comes at a time when Iran’s economy is reeling and its currency is tumbling as a result of restricted oil exports (albeit offset by numerous temporary waivers for top Iranian oil clients), will made it far more difficult for the Islamic Republic to settle import and export bills.
