Here’s the end of the article which EVERYONE should take time to read. This whole economic thing about all the money coming into the US from abroad and going into the stock market has never rang the right bells with me. Volume, for example, has been in a steady decline since 2009 and almost non existent at this point….and this article seems to substantiate my feelings. It is a ponzi scheme to suck in all the bag holders and break the US, causing a financial collapse, causing it to lose its reserve status, causing a $ reset, while all the banks that are responsible for it will walk away scott free with trillions.
Silverngold
“Details of this last market move:
This last 1900 point Dow Jones push upwards – and the Ebola events leading into it – it was so orchestrated and heightened at critical points but the ascent and push straight up in price, and sideways nonreaction after was completely unlike anything I’ve seen before. After going up for a record breaking amount of time the last five or so years, in a nonlinear exponential mania type of ascent, there should normally be tremendous volatility that follows. But, this isn’t a tech-like mania! There aren’t any buyers here other then the Fed. The shorts were all squeezed in 2009, 2010, 11, 12, and everyone who has ever wanted to buy stocks is in!
Modern Portfolio Theory has reached it’s pinnacle, leading 55% of the American public who partake in that “diversified” portfolio theory off an eventual cliff. The market acts more like a penny stock that has been pumped up and is “boxed” (boxed, meaning, the whole float is buying and holding and held with the promoter, one broker dealer, and thus this one broker dealer can control price “discovery”(regardless of actual fundamentals and using “press releases” to sway and create order flow they want and need from naive clients)) , and less like a free market. The Dow runs up that much that quickly, then on Globex its down .02 percent at the most over night, multiple days in a row? No pullback? Are you kidding me!? Then the actual trading days have very little volume, and the peaks in price intraday also exhibit nonreactions sideways, just a couple of tics from the highs. This price manipulation reflects that they want to expunge all shorts on all time scales, to the point that there will be no point to try, and at the very end, there will be very few. This also reflects that a group of very smart prop trader types, experienced behavioralists, perhaps off of a prior prop desk like a Goldman, are controlling this game, and not some government treasury/cftc/sec “plunge protect” type who doesn’t understand this game.
With the indoctrination of Modern Portfolio Theory, and the masses’ epistemology from experience and from “experts” to never ever get out because “it always comes back”, and from corporate buybacks, the actual intraday trading float has disappeared, thus, easier and cheaper to manipulate and find the perfect “price discovery” for every situation to control investor behavior, especially during off hours on Globex. This past situation, during the break and runup, there would be thousands of opportunities for the Fed insiders using different variations of ways to front run (without using the focus dump then pump futures contract itself), making the HFT guys front running for pennies look like complete chumps. Can you imagine all the different ways to bet the global markets at the height of the ebola scare, which just happened to be the height of the mass media hammering the public with fear about it(haven’t heard a word since!), which happened to be the exact moment of a very large Dow Jones 600 points intraday range after falling 1000 points in 9 days, which also happened to be at the height of put option premiums expanding and call option premiums eroding quickly, by knowing that the Fed is now going to prop it back up, way back up, and quickly! Shorting put premium globally for expiration in 7 or 37 days? Buying way out of the money cheap calls, buying the underlying equities, shorting interest rates, buying inflation, buying emerging markets and all of their liquid securities, options plays etc… on and on. That prior knowledge ts worth trillions, is it not? We all know that investment bank broker dealer desks take the other side of trades, and inventory the other side opportunistically. Why wouldn’t this “bank” too, especially now that they are intertwined with investment banks thus have gained their intellectual property in trading? And why wouldn’t they influence our idiot sheepish politicians to mandate the Fed Reserve, to encourage the Fed Reserve, to stimulate, whereas our Fed could use that for “the people”, while at the same time, for themselves take the other side based on their offshore opportunistic mandate? Today’s current markets are completely manipulated, every market, all the time, with our money and political Keynesian (control) mandate doing the manipulation in order for their money to front run and profit from there opportunistic mandate.
So if I am right, and my 23 years of experience trading equities, during manias enables me to know with certainty that I am, that they are allowed to directly be involved and have a perpetual standing bid in the secondary derivatives markets, they can then take the other side when they want (no need to publicly announce this, but to justify in their own heads). So when they take the other side in the public markets upon themselves pulling the prior US citizen backed bids in all markets for the ultimate 80 year cyclical “end game” (btw, about 23 years past the Kondratief Cycle deadline which is one way to describe the inevitable delay in this ongoing natural economic system reset) of the US fiat backed paper print con capped off by mass leverage, wouldn’t they make trillions on the bubble pop on the way down? Wouldn’t they also end up eventually owning the whole US since commerce would halt immediately, everyone would lose their jobs causing mass deflation (and hyperinflation due to our currency being booted as reserve currency, and imports becoming expensive overnight) causing mass defaults on their home loan obligations? Where do our mortgages end up now post 2008, 2009 financial collapse? Our governments coffers via FHA, FNMA, GNMA? And who will place a lien on our government when they default on it’s loans? Wouldn’t they be able to foreclose on America?
The US mandate on allowing Plunge Protection enabling the Fed to stick their noses directly in the equities markets was written in 1988 and is public knowledge and found in the public forum. And the attached “memo” shows incentives from the Chicago Mercantile Exchange for Central Bankers to use their equity futures markets.
Write me if you have any questions or comments, or if you need me to join in your efforts help to expose this Ponzi scam.
Moses”