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A Really Frightening Halloween

October 28, 2009 by Chip Wood 

The night before Halloween was really frightening 71 years ago.

It was on Oct. 30, 1938 that Orson Welles produced a radio drama for CBS called The War of the Worlds. The studio duplication of a live newscast was so realistic that thousands of people did not realize the program was a play. Instead, they honestly believed that Martians had landed in a field in northern New Jersey and were dispatching everything the U.S. military sent against them.

Recordings of that original broadcast (available through most public libraries) sound convincing to this day. Check one out and see if you don’t agree.

And here’s some less frightening news: Statisticians tell us that Nov. 1 is the best day of the year to purchase stocks. This is probably because September and October are historically the worst two months of the year for the stock market.

Thus, they form a bottom from which the following six months, starting with November, have got to be better. Will that be true again this year? Time will tell.

—Chip Wood

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Chip Wood

Chip Wood is the geopolitical editor of PersonalLiberty.com. He is the founder of Soundview Publications, in Atlanta, where he was also the host of an award-winning radio talk show for many years. He was the publisher of several bestselling books, including Crisis Investing by Doug Casey, None Dare Call It Conspiracy by Gary Allen and Larry Abraham and The War on Gold by Anthony Sutton. Chip is well known on the investment conference circuit where he has served as Master of Ceremonies for FreedomFest, The New Orleans Investment Conference, Sovereign Society, and The Atlanta Investment Conference.

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