Plunge Protection Team - Coordinated manipulation of Oil, Gold, and USD markets has never been clearer! Charts don't lie.
July 16, 2008
– Comments (16)
Administration officials are publicly trying to rally support for market controls to combat market speculation, but these same entities in concert with their banker allies are by far the worst offenders. The plunge protection team was out in full force yesterday, and the relevant charts show the moves as clear as day. While figureheads Bernanke and Paulson were wooing Congress and the public on the boob tube, their pre-arranged plans to knock down oil and gold and prop up the USD were put into play.
Don't be fooled, Fools. The push to acquire greater power and authority over the markets than they already possess has nothing to do with removing speculators... and certainly nothing to do with leveling the playing field, since those seeking said authority are fully aware that there has never been a level playing field. Bankers, Bernanke, and Bush... in about that order... those are the powers at play that determine our fate, both economically and politically.
Thomas Jefferson, in a letter to John Adams, wrote, quote,
"I sincerely believe, with you, that banking establishments, are more dangerous, than standing armies."
"The last duty of a central banker is to tell the public the truth." - Alan Blinder, Vice Chairman of the Federal Reserve, on the PBS Nightly Business Report, 1994
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance".
--- James Madison
RSS Headlines
Fool UK