The Golden Truth: Anyone Doubt That The Fed Manipulates The Markets?

Monday, April 18, 2011

Anyone Doubt That The Fed Manipulates The Markets?

That video is PHENOMENAL and is a MUST-LISTEN for everyone, but especially for ANYONE who doubts that the Fed manipulates the markets intentionally. This guy lays it all out with PROOF using excerpts from actual meetings. It's worth taking the time to understand exactly what is being presented in the first couple of minutes.

LIES AND FRAUD AT THE FED

Bernanke is just as corrupt and Angelo Mozillo, Bernie Madoff and Wall Street - make no mistake about that.

5 comments:

HalMonday, 18 April, 2011
They communicate QE and PPT in various ways--don't you wonder what they do not communicate but do?
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Dave in DenverMonday, 18 April, 2011
Lots. There's plenty of proof in Fed minutes and other recordings of Greenspan/Bernanke statements, but there's even MORE that goes on that does not get recorded OR is shielded by the Fed's willingness to fight the Freedom of Information Act and the Court's who have been partially willing to rule in the Fed's favor. That last big event forcing the Fed to disgorge documents about the bailout nothwithstanding.
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JPMonday, 18 April, 2011
I just send the deCarbonnel piece and the related on on ZH this weekend to Congressman Paul. Maybe he will hold hearings on the Fed's manipulation and fraud.
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AnonymousTuesday, 19 April, 2011
Is this what you call manufactured calm?

And everyone's model accounts for this bs?

What's N again? ie your trust in the financial markets?

On actually writing the (currently implied) Bernanke put

As Cole tells us, if you short volatility you eventually have to displace that convexity risk elsewhere. So with everyone currently feeling very comfortable shorting spot volatility — possibly as a funding strategy — the cost of tail-risk protection much further down the volatility curve is rising. What’s more, the sheer volume of demand for tail-risk protection is reportedly skewing far, far off variance — up to five and 10 years out — to even steeper rates than can be detected via the Vix futures curve alone. Arguably, something that could be setting up the volatility market as the source of a new black-swan event.

http://ftalphaville.ft.com/blog/2011/04/19/549791/on-actually-writing-the-currently-implied-bernanke-put/
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AnonymousTuesday, 19 April, 2011
If you mention gold is suppressed people call you foolish.

If you say miners trade artificially heavy...you're called a conspiracy nut job.

People better wake the fuck up.

Investment funds accuse banks of rigging interest rate benchmark

The lawsuit comes as regulators in the US, Japan, and UK are investigating whether some of the biggest banks acted in concert to manipulate the benchmark interest rate.

Libor, which measures the rate banks charge each other, is used as a reference for about $350,000 billion in financial products, making it one of the world's most closely watched indices. Very small changes can have a huge knock-on effect on products such as interest rate derivatives and loans that are pegged to the rate.

"Because different banks were experiencing different levels of severe stress, the banks should have been receiving markedly different borrowing rates. None of this was reflected in the Libor rates reported," said the complaint.

The complaint argues that the banks had two motives for suppressing Libor: "to avoid having the market doubt their financial stability" and "to take advantage of insider trading opportunities their inside information would provide in the Libor-based derivative market."

http://gata.org/node/9821
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.