According to the New York Stock Exchange, human error is to blame for the glitch that caused wild fluctuations in share prices at the start of trading on the NYSE on Tuesday. A NYSE employee who is based out of the exchange’s backup data center in Chicago failed to shut down the disaster-recovery system that is tested every day after the closing bell as part of routine maintenance. Over 80 stocks were experiencing suspiciously usual volatility, but the scammy recovery process is raising even more red flags.
~This episode is sponsored by CoinLedger~
Save 10% Using Discount Code “BARRON” ➜ https://coinledger.io/
#Crypto #StockMarket #Investing
~Stock Market “Glitch” Was an Epic Scam | Crypto vs. NYSE~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircle
Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
Facebook 📱 https://bit.ly/PBNfacebook
Twitter 📱 http://bit.ly/PBNtwitter
Crypto Power Index Beta Access ➜ https://bit.ly/CryptoPowerIndex
Looking for the best tax havens for Crypto? Free Month with iTrust Capital – Use PROMO CODE – PAUL BARRON https://rebrand.ly/PAULBARRON
───────────────────────────
21 Comments
Dope Content Paul🤘🏼😎💯💧
The market, like the fed and the SEC, are all members of the same cartel.
There has been a few block chain rollbacks in crypto.
Every stock I sold last year is higher today while they all stayed flat to down when I held them for 6 straight months. Calling the NYSE a rigged system is a huge understatement…
Excellent episodes! We need more exposure to broadcast the manipulation and corruption of Wallstreet. Thank you.
Great episode! Naked shorting should be illegal… SEC just paid by big players to let them cheat retail investors and companies , Stock market is rigged against us. They need to be exposed for the crooks they are!
Sounds like a scenario from Trading Places lol
Paul I love your content and am a subscriber. But you are not understanding pre- market hours which retail investors use as well as the so called front runners or " buddy's" you were referencing. Time stamp at around 2:23. "Taking profits from the plebs…" hahaha
Occupy SEC? Lol, won't change a thing. Their worst nightmare might be people networking at the protest, other than that business as usual going forward.
The real fix is to do away with opening and closing. Regular stocks, like crypto, should be a 24/7 thing.
The Gensler Interview Portion of today's show is a MUST See! Thank you Paul for today's show! You knocked it out of the park!
Great show 🎉
i know a guy who spent 25 years working for the secret service. mostly financial fraud. i asked him about short selling and naked shorts. he said….hands off policy. they are untouchable. that coming from a guy at the secret service
my 2 cents: politicians only care about themselves and getting re-elected, fundraising (bribery) year round. And the rich know this and only happy to pay for rules that benefit them. NOTHING NEW.
Cryptos a massive massive scam huge cash run already happened do not put your money in crypto right now hold your cash in your hand and wait 6 months do not play in the markets right now everything's in a lot alot of mixed cash grab right now heavy crash coming.
Wonderful video; are you familiar with Grizzly? I would also like you to create a film about them if it's the only platform that caters to and values its people.
Looking forward to the Ada show
I am a big fan of your show – you educate and inform and i think you have a very effective presentation aura i admire.
I think retail investors are perversely encouraged to participate in owning the entities listed – which is a tremendous thing for society and the individual – yet, much needs to be done i think over time that reflects younger folks participating in owning stocks – specifically with view to transparency and i think your reported story will be a good thing for awareness of obscure and confusing and unfair advantages from bigger players in the game.
I wonder if you might consider a specific video with regard to your remarks over tokenisation of stocks not being likely – why so?
I think that would be intetesting.
Thanks.
Thank you so much for helping to expose the corrupt financial system. It helps bring awareness to the public. Maybe someday the wrongs will be righted and a fair playing ground can be established. And it is so obvious how Gensler has corrupt ties with Wall Street and big financial players. How arrogant of him “Those are your words not mine.” Like he is very much aware of all that and that smug mug reaction just confirms it. What a total POS!
Move on, working as intended
The market cycle actually has not met it balance, we continue onward round around and around while hanging tight for that tremendous victory on a colossal >support yet meanwhile we could constantly disregard the market promising and less promising times and remain completely contributed. Enormous thanks to Gary Christopher for assisting me with acquiring over 15btc in about a month and a half by carrying out his technique and following his guide<