Category: Market Manipulation
The analysis published under this category are as follows.
Sunday, July 05, 2020
Gold Market Manipulation And The Federal Reserve / Commodities / Market Manipulation
By: Kelsey_Williams
Some gold bulls have bought in heavily to the argument that gold price suppression has been an ongoing activity for years, even decades. Supposedly, trading in the gold market is manipulated in ways that depress the market price for gold.
Assertions are made that the manipulation takes place in a shroud of secrecy; and the unexpected lower prices for gold, or prices that don’t meet wildly bullish expectations, are cited as evidence of conspiratorial activity.
The claim is made that the price of gold would be much higher if this manipulative trading activity were exposed, acknowledged, and prohibited. But…
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Sunday, June 28, 2020
Meet BlackRock, the New Great Vampire Squid / Politics / Market Manipulation
By: Ellen_Brown
To most people, if they are familiar with it at all, BlackRock is an asset manager that helps pension funds and retirees manage their savings through “passive” investments that track the stock market. But working behind the scenes, it is much more than that. BlackRock has been called “the most powerful institution in the financial system,” “the most powerful company in the world” and the “secret power.” It is the world’s largest asset manager and “shadow bank,” larger than the world’s largest bank (which is in China), with over $7 trillion in assets under direct management and another $20 trillion managed through its Aladdin risk-monitoring software. BlackRock has also been called “the fourth branch of government” and “almost a shadow government”, but no part of it actually belongs to the government. Despite its size and global power, BlackRock is not even regulated as a “Systemically Important Financial Institution” under the Dodd-Frank Act, thanks to pressure from its CEO Larry Fink, who has long had “cozy” relationshipswith government officials.
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Wednesday, May 13, 2020
The Fed Now Owns All Markets / Politics / Market Manipulation
By: Michael_Pento
Since the Great Recession hit in 2008, central banks have been in the business of keeping insolvent governments from defaulting through the process of pegging borrowing costs near zero. These money printers are now in the practice of propping up corporations--even those of the junk and zombie variety--by ensuring their cost of funds bears absolutely zero relationship to the credit quality of the issuer. To be clear, central banks have been falsifying public and now private bond prices to historic and monumental degrees just as the intensity of issuances and insolvency deepens.
And now, the Fed is bailing out bankrupt consumers with helicopter money in the form of enhanced and extended unemployment, grants through the Payroll Protection Plan and direct UBI to consumers through the CARES Act Recovery Rebates clause. All together there has been about $2.8 trillion worth of deficit spending so far.
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Thursday, January 16, 2020
Yes, China Is a Currency Manipulator – And the U.S. Banking System Is a Metals Manipulator / Stock-Markets / Market Manipulation
By: MoneyMetals
The U.S. Treasury Department announced Monday that China is no longer on a list of countries deemed to be “currency manipulators.” The timing was awfully convenient, coming just ahead of an expected Phase One trade deal between the two powers.
Nobody actually believes China has stopped manipulating the value of its yuan versus the U.S. dollar.
But the Trump administration is apparently willing to accept a certain degree of currency rigging in exchange for other concessions on trade.
It’s not as if the U.S. government has a stellar record when it comes to heeding principles of free and fair currency markets. It (through the Exchange Stabilization Fund and other vehicles) is constantly trying to manage the value of the dollar versus the currencies of trading partners, too.
Tuesday, November 12, 2019
New Evidence Futures Markets Are Built for Manipulation / Stock-Markets / Market Manipulation
By: MoneyMetals
The recent price smash in precious metals is frustrating for goldbugs. It is even more infuriating for those who look at the fundamental reasons to own gold and silver and see prices falling anyway.
That’s why it’s worth explaining once again the real purpose of the futures markets, where prices are set. Some recent revelations about Bitcoin futures will help.
The CME launched a Bitcoin futures contract in December of 2017, and many cryptocurrency fans cheered. Those who cheered expected “institutional” money to pour into Bitcoin. Their mistakes were in assuming the institutions would be making long bets on Bitcoin and the futures market would be free and fair.
Tuesday, September 17, 2019
JPMorgan’s Top Metals Trader in the Crosshairs for Illegal Gold and Silver Manipulation / Commodities / Market Manipulation
By: MoneyMetals
Michael Nowak, the global head of trading for both base and precious metals at JP Morgan Chase, has been charged by the US Justice department for his role in an illegal market manipulation operation. Executive Directors Gregg Smith and Christopher Jordan were also indicted.
The three are the latest targets in a widening DOJ criminal probe.
Nowak and Smith and Jordan are the third, fourth and fifth persons to be charged in the criminal price rigging scheme at JPMorgan. They may not be the last. The bank is the most infamous amongst precious metals investors who have been crying foul over obvious price manipulation for years.
Tuesday, August 27, 2019
Dominoes Falling at Big Banks That Rigged Precious Metals Markets / Companies / Market Manipulation
By: MoneyMetals
The crooked precious metals trading department at JPMorgan Chase lost another man last week. Christian Trunz pleaded guilty to criminal “spoofing” of the markets and resigned from his position as an Executive Director with the bank.
The story mirrors that of John Edmonds, the Chase banker who pleaded guilty last October for rigging gold and silver prices.
Like Edmonds’ illicit trading activity, Trunz’s was pervasive. It spanned nearly a decade – from 2007 through 2016 – and involved many “thousands” of orders.
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Wednesday, November 14, 2018
JPMorgan Chase Trader Pleads Guilty to Gold Manipulation, Turns State's Evidence / Commodities / Market Manipulation
By: MoneyMetals
Gold and silver investors got a rare bit of good news on the enforcement front last week.
A trader from JPMorgan Chase pled guilty to rigging the precious metals futures markets.
John Edmonds admitted to cheating the bank’s clients and plenty of other people naive enough to expect fair treatment on the COMEX and other exchanges.
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Monday, April 23, 2018
Stocks and Bonds, This is Not a Market / Stock-Markets / Market Manipulation
By: Raul_I_Meijer
“[Price discovery] is the process of determining the price of an asset in the marketplace through the interactions of buyers and sellers”, says Wikipedia. Perhaps not a perfect definition, but it’ll do. They add: “The futures and options market serve all important functions of price discovery.”
What follows from this is that markets need price discovery as much as price discovery needs markets. They are two sides of the same coin. Markets are the mechanism that makes price discovery possible, and vice versa. Functioning markets, that is.
Given the interdependence between the two, we must conclude that when there is no price discovery, there are no functioning markets. And a market that doesn’t function is not a market at all. Also, if you don’t have functioning markets, you have no investors. Who’s going to spend money purchasing things they can’t determine the value of? (I know: oh, wait..)
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Sunday, March 18, 2018
How to Legally Manipulate Interest Rates / Interest-Rates / Market Manipulation
By: Science_Investing
Rationale Behind Quantitative Easing
The Fed embarked on asset purchases, which they call quantitative easing or QE, during the global financial crisis 2007-2008. The move was motivated by a complete loss of confidence in the financial system. As a result, investors and financial institutions feared losses due to large scale bankruptcies. Liquidity dried up completely and money was hoarded in allegedly safe places. The Fed stepped in with various measures and effectively returned confidence to markets. Quantitative Easing was among these whilst it was applied for the first time in US monetary history.
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Wednesday, February 07, 2018
Stock Volatility is Computer Generated / Stock-Markets / Market Manipulation
By: BATR
The actual productive economy has very little in common with the erratic and substantial movement in equity pricing on the major exchanges. The conditions for conducting commerce have not appreciably changed in the last days to warrant a numerical drop of historic proportions. For the working class and the consumer market, the price of items did not see a major drop or rise in value in this latest turmoil. Lost in the confusion is that the professional speculators won't be playing a game of chance, they will execute their financial triggers based upon mathematical algorithms implemented at lightning speed by super computers. The days of the "specialists" making a market has been dead for years.
Tuesday, June 13, 2017
Manipulated and Made-up Markets / Stock-Markets / Market Manipulation
By: Michael_Pento
The economic ruse that is run by Communist China is growing bigger by the day. The formula behind what has been the Great Red Engine of global growth is really very simple: Print new money and funnel it through the state-owned banking system in order to entice businesses and individuals to incur a debilitating amount of non-productive debt.
Historically speaking, countries that have utilized this ersatz form of economics have suffered a currency and bond market crisis. But the command and control government of China always seems to be one step ahead of the laws of economics; and has been able to defer the inevitable day of reckoning due to its large currency reserves.
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Thursday, December 29, 2016
Goldman to Trump: Situation Assessment, Government Bail-Ins and the Precious Metals Threat / Stock-Markets / Market Manipulation
By: Stewart_Dougherty
Despite its avid support for Hillary Clinton, fewer than three weeks after the election, Gary Cohn, the number two executive at Goldman Sachs met privately at Trump Tower with the President-elect. Ten days later, he was named to one of the most powerful financial positions in the world, Director of the National Economic Council of the United States of America.
Thursday, December 29, 2016
European Commission Threatens Widespread Gold, Asset Confiscation / Stock-Markets / Market Manipulation
By: Jeff_Berwick
The “war on terror” continues...
The US and the North Atlantic Terrorist Organization (NATO) attacked Libya and Syria and began transporting Muslims to Europe as a means of destabilization. They have also conducted numerous other false flag attacks, such as Charlie Hebdo, by which to further confuse and imprison the local population.
The most recent was the so called “terror attack” which occurred several days before Christmas in Berlin, Germany. A truck was deliberately driven into a crowded market killing 12 people and leaving 48 injured.
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Friday, September 23, 2016
Where Did All the Money Go? / Stock-Markets / Market Manipulation
By: David_Galland
Dear Earthlings,
As we’re still readjusting to life in a small Argentine pueblo miles from anywhere, I’ve asked Stephen McBride, my associate and now neighbor (he just moved here), to take the reins for the bulk of this week’s assemblage of news, analysis, and wry commentary about the never-boring antics of the human ape.
You may recall Stephen’s wonderful exposé on George Soros, an article that continues to bounce around the Internet doing good service by alerting people to Soros’s nefarious deeds.
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Thursday, April 28, 2016
Michael Hudson: The Wall Street Economy Has Taken Over The Economy and Is Draining It! / Politics / Market Manipulation
By: Gordon_T_Long
FRA Co-founder Gordon T. Long is joined by Professor Michael Hudson in discussing his concept of the FIRE economy and its influence on the production and consumption economy, along with some of his writings.
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Killing the Host (2015), The Bubble and Beyond (2012), Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), amongst many others.
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Monday, April 11, 2016
Market Manipulation for Dummies - Video / Stock-Markets / Market Manipulation
By: Mario_Innecco
Transcript excerpt: hi it's Monday April we laugh and 2016 it's about 9:40 London time in the
morning and I'm gonna talk about market manipulation and it's always strange
subject because we can't really prove it because we can't go to the banks warned
treasury departments of countries and say oh did you intervene you know at
such-and-such a time because they say oh we can't divulge exact client private
client information
well I'll start today and not put a link these photos on you know below in the
description because I can't really showed them because they're Getty Images
by you have a link to the website and photos and it says John snow towards
Thursday, October 29, 2015
Financial Markets are a Game / Stock-Markets / Market Manipulation
By: EconMatters
Forget about Market Multiples: Totally Meaningless Sell-Side Crap
Saturday, September 05, 2015
Central Planning, Politics, Economics and The Santelligram / Stock-Markets / Market Manipulation
By: Dr_Jeff_Lewis
Rick Santelli may be one of the last speakers of truth left in the mainstream financial space.Santelli is a former commodities trade – now a popular CNBC commentator, broadcasting from Chicago.
He is treated like a sad clown brought out for entertainment effect, where you brace for the extreme. In his case, this often manifests as an angry rant.
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Monday, July 20, 2015
China Crash and the Extinction of Markets / Stock-Markets / Market Manipulation
By: Michael_Pento
China's four-week-long stock market rout wiped out nearly 30% off the Shanghai Composite Index since its highs of June. To stem those losses the Chinese government has formulated an interesting hypothesis: stocks won't go down if you ban sell orders.
Working off this proposition Beijing has ordered shareholders with more than a 5% interest to stop selling shares; directors, supervisors, and senior management personnel are also barred from reducing their holdings.
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Sunday, May 31, 2015
Stock Market Corruption Becomes Business as Usual / Stock-Markets / Market Manipulation
By: ...
MoneyMorning.com Michael E. Lewitt writes: Week after week, the news is filled with reports of law-breaking by institutions and individuals that hold positions of trust in society. Last week, FIFA, the body that rules the multi-billion dollar business of soccer, was hit by indictments of many of its senior officials who were charged with running a multi-year corruption scheme.
The week ended with former Speaker of the House of Representatives, Dennis Hastert – who for 8 years was the second in line to the presidency – being indicted for violating banking laws in connection with a scheme to pay hush money to a man with whom he had an illicit sexual relationship thirty years ago.
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Sunday, March 15, 2015
Michael Lewis is Right “Spoofing” Proves Market Rigged on Daily Basis / Stock-Markets / Market Manipulation
By: EconMatters
Brent Spoofing & HFT
As the European Market closes today and oil has some bearish sentiment to the trading day, one of the common techniques is to bang the European close in the Brent contract which being a much less liquid contract than WTI can be quite profitable. Usually this takes place around 10:00 to 10:30 am CST but with the time changes this week everything is pushed back an hour here in the US with the European close now being 11:00 to 11:30 am CST.
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Monday, January 12, 2015
Market Price and the Fool’s Game / Stock-Markets / Market Manipulation
By: Dr_Jeff_Lewis
The reason why a mirror only switches your image left to right and not also up and down is an illusive property of optics. Optically, the image appears as if you somehow walked around to the back of the mirror to face it again.
But rarely do we ask ourselves questions like these. Normally we just take it for granted.
To understand price in today’s world is, ultimately, about understanding price mechanism.
Thursday, January 08, 2015
The Masters of the Universe Are Also Universal Market Manipulators / Stock-Markets / Market Manipulation
By: Money_Morning
Shah Gilani writes: Dear Wall Street Insights & Indictments Reader,
Just look at the market today, any market, anywhere in the world. They’re all higher.
That’s what happens when the true Masters of the Universe, the puppet masters at the U.S. Federal Reserve, twiddle the strings to manipulate markets for their purposes.
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Tuesday, December 02, 2014
Oil Price, Gold And Now Stocks? / Stock-Markets / Market Manipulation
By: Raul_I_Meijer
Is the Plunge Protection Team really buying oil now? That would be so funny. Out of the blue, up almost 5%? Or was it the Chinese doing some heavy lifting stockpiling for their fading industrial base? Let’s get to business.
First, in the next episode of Kids Say The Darndest Things – oh wait, that was Cosby .. -, we have New York Fed head (rhymes with methhead) Bill Dudley. Dudley’s overall message is that the US economy is doing great, but it’s not actually doing great, and therefore a rate hike would be too early. Or something. Bloomberg has the prepared text of a speech he held today, and it’s hilarious. Look:
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Sunday, November 16, 2014
Price Rigging and Financial Corruption. A Global House Of Cards / Stock-Markets / Market Manipulation
By: Paul_Craig_Roberts
As most Americans, if not the financial media, are aware, Quantitative Easing (a euphemism for printing money) has failed to bring back the US economy.
So why has Japan adopted the policy? Since the heavy duty money printing began in 2013, the Japanese yen has fallen 35% against the US dollar, a big cost for a country dependent on energy imports. Moreover, the Japanese economy has shown no growth in response to the QE stimulus to justify the rising price of imports.
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Wednesday, September 24, 2014
The Washington-Wall Street "Corruption Corridor" / Politics / Market Manipulation
By: Money_Morning
Shah Gilani writes: There's a new twist in an ongoing U.S. Securities and Exchange Commission (SEC) probe.
For months now, the SEC has been investigating whether anyone in the federal government leaked inside information to a Washington-based investment research firm.
While that was pretty juicy already, those investigators are now looking at up to 44 hedge funds that may have traded on that inside information.
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Tuesday, September 02, 2014
"Financialization" Will Ruin America. Unless We Do This... / Stock-Markets / Market Manipulation
By: Money_Morning
Shah Gilani writes: There's a reason America is floundering economically. There's a reason for the ever-widening divide between the "haves" and the "have-nots" in the United States.
Our country is no longer a free market, capitalist republic.
America has devolved into a socialist plutocracy as a result of the "financialization" of the economy.
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Saturday, July 26, 2014
Stock Market Manipulation and Technical Analysis / Stock-Markets / Market Manipulation
By: Anonymous
It is no secret that the markets are manipulated. Periodically, the question is asked if the Dow theory, cycles or any other technical methods can remain valid in a world of extreme manipulation. The short answer is, Yes. While manipulation can have a temporary effect on the market by stretching a cycle, it cannot fix the underlying problem or negate the natural cyclical rhythm of the economy or the market. In fact, history clearly shows that it is not nice to mess with Mother Nature in that the inevitable cyclical ebb and flow will have its way. So, yes, the natural cyclical forces of the market can be extended through manipulative practices, but ultimately such manipulation only serves to make matters much worse in the end. Thus, the efforts to manipulate, control the market and the economy and even the belief that they can be controlled is a cycle in itself. Read full article... Read full article...
Wednesday, July 16, 2014
Nanex: The Stock Market Is Rigged, With Details / Stock-Markets / Market Manipulation
By: Jesse
The market is rigged. Oh no, this could not possibly be correct, say the trolls, shills, revolving door careerists, media carnival barkers, and conmen's assistants. They simply do not understand it! Read full article... Read full article...
Sunday, July 06, 2014
How Wall Street Plays the Dark Pools Game / Stock-Markets / Market Manipulation
By: Money_Morning
Shah Gilani writes: Most people who are just "in the market" don't understand high-frequency trading and dark pools. And that's okay.
However, as I've been writing about over the past couple of years, apparently that unknowledgeable group also includes people whose job it is to understand these things, including institutional money managers, brokers, investors, and, evidently, most regulators... though I don't buy their ignorance one bit.
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Friday, June 27, 2014
Why The COMEX Is Corrupt / Commodities / Market Manipulation
By: GoldSilverWorlds
It is one thing to label the world’s most important precious metals exchange as the most corrupt; but perhaps quite another to prove it in terms beyond reasonable doubt. First, let me be clear in what I am asserting – the Commodities Exchange Inc. (COMEX), owned and operated by the CME Group, has come to control and manipulate the price of gold and silver, as well as copper, for the sole benefit of certain exchange insiders, most prominently JPMorgan.
Sunday, May 25, 2014
Cartels and Subsidies in Canadian Agriculture / Economics / Market Manipulation
By: MISES
Predrag Rajsic writes: Canada, a federal state consisting of 13 federal units — ten provinces and three territories — has a relatively long history of agricultural policy. While sometimes similar to American agricultural policies, there are key differences with Canadian agriculture that may help illustrate the economic costs of intervention in differing economies.
Sunday, May 25, 2014
Barclays Fined For Brazenly Manipulating the Price of Gold With the 'Dr. Evil Strategy' / Commodities / Market Manipulation
By: Jesse
“The whole purpose of propaganda is to make the obvious seem obscure, or offensive.” - Stefan Molyneux
In this case action was taken because a large option customer complained to Barclays, which in turn gave the trader up to the FSA. And so Barclays threw one of their traders to the regulators. Read full article... Read full article...
Thursday, May 15, 2014
There Are No Markets Anymore / Stock-Markets / Market Manipulation
By: Raul_I_Meijer
It’s a fun day in finance so far today. Eurozone growth is not going anywhere, but there’s no lack of positive anticipations for the future. Is there ever? Q1 GDP in the Netherlands actually shrank to the tune of -1.4%, but they have a great explanation for that. It’s because of – drumroll, wait for it – … the mild winter! The weather can be used to explain anything and everything these days. Where the US economy was hurt by a harsh winter, the Dutch went down because their winter wasn’t harsh enough.
Wednesday, May 14, 2014
Flash Boys - Wall Street Has Always Been Corrupt Or About To Be Corrupted / Politics / Market Manipulation
By: James_Quinn
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”― Upton Sinclair – I, Candidate for Governor: And How I Got Licked
“The U.S. financial markets had always been either corrupt or about to be corrupted.” - Michael Lewis, Flash Boys
I finished reading Michael Lewis’ Flash Boys take-down of Wall Street banks, hedge funds, government regulators and high frequency traders last week when I had spare time created by a weeklong denial of service attack on my website. It appears to me technology is being utilized more frequently as a mechanism for malevolence rather than a mechanism for good. The smartest guys in the room are figuring out ways to steal you blind in the financial markets, pilfer your personal information, spy on your electronic communications, and censor your right to free speech by taking away your ability to communicate freely on the internet. After reading Lewis’ maddening tome and experiencing the frustration of an attack that reached 50 million hits per day on my website, I’m reminded of two quotes from the brilliant dystopian visionary Aldous Huxley.
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Friday, May 09, 2014
The Worst Risk/Reward Trade on Wall Street / Stock-Markets / Market Manipulation
By: EconMatters
The Rigging
So a bunch of folks in Hedge Fund Land have this idea that they can force a bit of a squeeze in the bond markets, and all the sudden the boring old bond market has been on the media roadshow by firms trying to talk their book, and get others to follow suit, and go long the bond market.
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Wednesday, May 07, 2014
Banksters Market Rigging Manipulation Is 'Pedal To The Metal' / Stock-Markets / Market Manipulation
By: Andrew_McKillop
Financial Companies Will Do Almost Anything
Preet Bharara, the US Attorney for the financial Southern District of New York City recently said: “Companies, especially financial institutions, will do almost anything to avoid tough enforcement action and....have a natural and powerful incentive to make prosecutors believe that death or dire consequences await”.
The US FERC-Federal Energy Regulatory Commission formally charged JPMorgan with massive criminal manipulation of US energy markets, especially in California and the Midwest, specifically to obtain tens of millions of dollars in over-payments from power grid operators in the period between September 2010 and June 2011.
Thursday, April 24, 2014
How High-Frequency Traders Use Dark Pools to Cheat Investors / Stock-Markets / Market Manipulation
By: Money_Morning
While dark pools are not inherently bad, the abuse of dark pools by high-frequency traders has made it easier to exploit everyone else in the market, and increases the odds that a market downturn could quickly become a stock market crash.
So what are "dark pools," anyway?
Dark pools are off-exchange platforms that allow large investors, such as hedge funds and pension funds, to trade stocks anonymously. Dark pools arose in the late 1990s from a desire by these big players to conduct large-scale trades without tipping their hand.
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Tuesday, April 15, 2014
Fed Rigs Markets, Not the Flash Boys / Stock-Markets / Market Manipulation
By: Michael_Pento
There’s been a lot of attention being paid to high frequency trading (HFT) as of late. The question has been raised as to whether or not HFT rigs markets. It is true that HFT adds nothing to GDP and is simply a legalized form of high-tech front running. However, the real problem with the stock market—and the economy as a whole—isn’t the fact that HFT skims pennies off transactions from institutional traders; but rather that the Fed has rigged interest rates and asset prices to the extent that investors can no longer distinguish reality from fiction.
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Tuesday, April 15, 2014
Flash Crash, Rigged Markets - What’s the Frequency Zenith? / Stock-Markets / Market Manipulation
By: John_Mauldin
By Grant Williams
WARNING: This week’s Things That Make You Go Hmmm... is going to run a little longer than usual, I’m afraid, so if you have some time to kill, strap yourself in for the ride.
Yes. I have read it.
For the last couple of weeks those have been the five words I have used the most — by a country mile.
The second most-used five-word combination during that time has been “I know, what a tool.”
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Saturday, April 12, 2014
Manipulated Stocks Markets And The Empty Bag / Stock-Markets / Market Manipulation
By: Raul_I_Meijer
Well, stocks are down substantially over the past few days, with internet and biotech taking big hits, and we see people like Marc Faber and Dennis Gartman urging people to get out of stocks. Something’s definitely going on. Time for a bunch of charts. And let’s start with a few of the comparison ones that everybody loves to hate, where you overlay when time period on another, and suggest similarities between both periods. This first one was used by Tyler Durden as an illustration for Marc Faber’s latest doom message. By the way, Faber says the markets are figuring out that the Fed is clueless, and I’m not so sure about that, I think it’s more likely that the Fed is not trying to do what it says it is, and that what it does try it does very well. And if that includes a stock market bust, it won’t hesitate. But so, here’s 1987 and 2014:
Monday, April 07, 2014
The Real Reason the Stock Market Is Rigged / Stock-Markets / Market Manipulation
By: Money_Morning
Everyone's talking about Michael Lewis' latest book Flash Boys and HFT (high-frequency trading) and whether the markets are rigged.
What they're not talking about is how the markets have been set up for institutionalized rigging.
I'm not kidding.
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Monday, February 24, 2014
A World of Manipulated Markets / Stock-Markets / Market Manipulation
By: James_Turk
“There are no markets anymore, just interventions.” — Chris Powell, Gold Anti-Trust Action Committee
Once upon a time, a handful of countries sometimes described as “capitalist” claimed to operate on the principal that consenting adults should be free to buy, sell, build and consume what they wanted, with little interference or guidance from the authorities. The idea, derived from Adam Smith’s 1776 classic Wealth of Nations, was that all of these self-interested actions would in the aggregate form an “invisible hand” capable of guiding society towards the greatest good for the greatest number of people. Coincidentally, the political framework for such a society was envisioned the same year on the other side of the Atlantic, when Thomas Jefferson penned in the American Declaration of Independence that in addition to life and liberty, there was a third inalienable right for every individual – the pursuit of happiness. The resulting “market-based” societies were messy but brilliant, producing more progress in two centuries than in the previous 50.
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Sunday, February 09, 2014
Financial, Gold, Stocks Markets Manipulation's Becoming More Extreme, More Desperate / Stock-Markets / Market Manipulation
By: Paul_Craig_Roberts
In two recent articles we explained the hows and whys of gold price manipulation. The manipulations are becoming more and more blatant. On February 6 the prices of gold and stock market futures were simultaneously manipulated.
On several recent occasions gold has attempted to push through the $1,270 per ounce price. If the gold price rises beyond this level, it would trigger a flood of short-covering by the hedge funds who are “piggy-backing” on the bullion banks’ manipulation of gold. The purchases by the hedge funds in order to cover their short positions would drive the gold price higher.
Friday, January 31, 2014
Market Price Manipulation Awareness May Keep the Mainstream Away / Commodities / Market Manipulation
By: Dr_Jeff_Lewis
If the new-found mainstream awareness of price manipulation of precious metals is embraced with anything close to the impact of LIBOR and similar scandals, the news may ultimately be a sweet sorrow.
The Financial Times is a long time staunch defender of the status quo and therefore, by default, negative and misguided toward precious metals. Recently, for the first time, the publication broke a story about price manipulation in the gold market.
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Thursday, December 26, 2013
Colossal Fraud - There are No Free Markets - Video / Politics / Market Manipulation
By: Videos
Financial analyst Rob Kirby says, “There is colossal fraud and price control going on. There are no free markets.” Kirby goes on to say, “What we’ve seen over the last six months is a ramp-up in interest rate swaps to the tune of $12 trillion . . . . What the build in these interest rate swaps is achieving, it’s stemming the rise in interest rates.” Kirby, who has 15 years experience in trading derivatives, says these complicated derivatives overseen by the U.S. Treasury control the price of virtually everything. Kirby contends, “I refer to this as a price control grid.
Saturday, December 21, 2013
Manipulations Rule The Markets / Stock-Markets / Market Manipulation
By: Paul_Craig_Roberts
The Federal Reserve’s announcement on December 18 that beginning in January its monthly purchases of mortgage-backed financial instruments and US Treasury bonds would each be cut by $5 billion is puzzling, as is the financial press’s account of the market’s response.
The Federal Reserve conveys a contradictory message. The Fed says that improvements in employment and the economy justify cutting back on bond purchases.
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Friday, September 20, 2013
Federal Reserve Antics - I Don’t Know Whether to Laugh or Cry / Stock-Markets / Market Manipulation
By: Profit_Confidential
Michael Lombardi writes:
After yesterday’s Federal Reserve antics, we were taken by the reaction of one well-known writer, who said, “I didn’t know whether to laugh or cry.” That is truly the most apt phrase for the current situation.
To sum up the bigger picture:
Almost 100 years ago to the day, the U.S. “subcontracted” money and the banking system to third parties. These third parties called themselves the “Federal Reserve” but, of the few unchallenged facts one can determine about the actual ownership of the Fed, it becomes clear they are neither “federal” nor a “reserve.”
Wednesday, September 18, 2013
Dark Pools of Capital Should Be Closed / Stock-Markets / Market Manipulation
By: Bloomberg
John Thain--chairman and CEO of CIT Group, former CEO of Merrill Lynch and former CEO of NYSE--sat down for a wide-ranging interview with Bloomberg Television's Erik Schatzker and Stephanie Ruhle on "Market Makers" yesterday. Thain said that there is too much fragmentation and insufficient transparency in the stock market and that dark pools should be eliminated.
Thain went on to speak about bank compensation, saying that pay and talent can emphasize risk management and that "the problem is bonus is a bad word these days."
Read full article... Read full article...
Wednesday, July 31, 2013
J P Morgan and Commodity Manipulation / Politics / Market Manipulation
By: BATR
The practices and methods of manipulating commodity markets, is a staple topic in financial journalism. Options, futures and exotic forms of derivatives, often put under the microscope, gives rise to calls for substantive regulation. One area of the commodity trade, seldom examined is that involved with physical commodities trading. With much fanfare, Under siege, JPMorgan to quit physical commodities, a Reuters announcement has many seasoned street professionals shocked.
Thursday, July 25, 2013
Goldman Sachs' "Warehouse Shuffle" Just Cost You $5 Billion / Commodities / Market Manipulation
By: Money_Morning
David Zeiler writes: It's just another game for Goldman Sachs Group (NYSE: GS) - a "warehouse shuffle" that moves aluminum around while the big bank collects rent on the metal.
Although the rent on the stored aluminum - Goldman isn't allowed to actually own the commodity - is just pennies a day, the vast amount of the metal it has stored in its 27 Detroit warehouses and the "warehouse shuffle" strategy that enables it to extend the rental period for months on end adds up.
Read full article... Read full article...
Wednesday, July 17, 2013
Barclays, Energy Regulators Versus Market Riggers / Politics / Market Manipulation
By: Andrew_McKillop
WORLDWIDE PROBLEM
Hailed as Croatia stepping out of the shadows left by the break up of Yugoslavia and the ethnic cleansing war of the 1990s, and following 8 years of negotiations, on July 1st Croatia became the 28th member of the E.U. One of its first decisions was to join the little-heard-of CEER or Council of European Energy Regulators, as well as engaging in higher profile bargaining about which Croatian politician will become the 28th Commissioner of the E.C.
Wednesday, July 17, 2013
Dark Pools of Liquidity Are a Big Problem for Free Markets / Stock-Markets / Market Manipulation
By: Money_Morning
Greg Madison writes: Everything runs on liquidity. Unless you know something I don't, that dollar bill in your pocket is just as likely to buy a can of Pabst Blue Ribbon today as it was yesterday, and will be tomorrow.
Or you could sell 1,000 lbs. of gold - if you have that lying around - without fear of completely scuttling the global gold market. Your bank has to have cash, liquidity, lying around somewhere in the back if it wants to stay in business.
And in many cases, it's easy to see or verify this liquidity. It helps everyone feel better about doing anything.
Read full article... Read full article...
Wednesday, June 12, 2013
Banks Manipulating Trades and Rigging Benchmarks in Foreign Exchange Markets / Currencies / Market Manipulation
By: Jesse
Are there any markets that have not been corrupted by lax regulation and Banks who have been emboldened in their insatiable greed by the lack of effective enforcement of the rules and equal justice for all?
It is somewhat ironic that this news comes on the revelation that Obama is replacing Gary Gensler, Chairman of the CFTC, for being too aggressive in seeking to regulate the Swaps markets and angering some foreign banks (read London trading operations of the big multinational banks). London has become a favored haven for corrupt financial practices.
Read full article... Read full article...
Tuesday, June 11, 2013
The Truth About "Dark Pool" Trading / Stock-Markets / Market Manipulation
By: Money_Morning
Shah Gilani writes: Well, this ought to be interesting - not for what might be revealed, but for what will likely remain in the shadows.
One of the weakest, least effective regulatory bodies around, the Financial Industry Regulatory Authority (FINRA), is now saying they want to shed some light on "dark pools."
Read full article... Read full article...
Friday, May 24, 2013
Why Bernanke's Market Manipulation's Are So Brilliant / Stock-Markets / Market Manipulation
By: Money_Morning
Shah Gilani writes: Nothing lasts forever, apparently not even quantitative easing.
On Wednesday, Fed Chairman Ben Bernanke threatened to take away the massive punch bowl that's been spiked with easy money juice.
Read full article... Read full article...
Thursday, May 23, 2013
U.S. Bogus GDP Economic Growth Statistics - More Government Manipulation / Politics / Market Manipulation
By: Money_Morning
Gary Gately writes: America's about to become more wealthy - on paper, at least.
That's because the way the country's gross domestic product, or U.S. GDP, is measured will change significantly come July 31, enough to boost the closely watched economic barometer by 3%, or $400 billion.
That translates to the equivalent of about $1,500 more worth of goods and services per person in the United States.
Read full article... Read full article...
Saturday, April 27, 2013
Matt Taibbi: Everything Is Rigged - The Biggest Price-Fixing Scandal Ever / Stock-Markets / Market Manipulation
By: Jesse
“The worst crimes were dared by a few, willed by more, and tolerated by all.”
Tacitus
There are more scandals to come. Wall Street is now a pathological environment, and the City of London is as bad or worse.
Read full article... Read full article...
Friday, March 22, 2013
Confiscation, Market Manipulation and the Wars Against Everyman / Stock-Markets / Market Manipulation
By: Dr_Jeff_Lewis
Confiscation — both direct and indirect forms — and market manipulation tend to go hand in hand when it comes to forecasting the silver market’s future.
Furthermore, ongoing silver pricing issues include the overwhelming concentration of silver shorts, as bullion banks act like producers and push paper prices lower without ever being forced to deliver physical metal into a futures contract.
Read full article... Read full article...
Monday, March 18, 2013
The "Blueprint" for Stock Market Manipulators / Companies / Market Manipulation
By: Money_Morning
David Zeiler writes: While they may have perfected the trading strategies that use retail investors as patsies to enhance their profits, Wall Street titans like Goldman Sachs Group Inc. (NYSE: GS) and JPMorgan Chase & Co. (NYSE: JPM) didn't invent them - that honor goes to a man named Richard D. Wyckoff.
You may not have heard of Wyckoff because he died in 1934. But the book he published in 1931, "The Richard Wyckoff Method of Trading and Investing in Stocks - A Course of Instruction in Stock Market Science and Technique," became the blueprint for Wall Street's big investment banks shortly afterward, and remains so to this day.
Read full article... Read full article...
Sunday, March 17, 2013
How the Fed Controls the Stock Market / Stock-Markets / Market Manipulation
By: DailyWealth
Dr. Steve Sjuggerud writes: I don't think of myself as a conspiracy wacko...
But I do believe that the U.S. Federal Reserve controls the stock market... at least, to some degree.
Our True Wealth Systems computers fully back me up on this one... to the point where you could make a lot of money.
Thursday, December 20, 2012
Oil and Gasoline Markets Rigged Far Worse Than LIBOR / Commodities / Market Manipulation
By: EconMatters
UBS paid $1.5 Billion for manipulating Libor, and Barclay`s already paid the piper for manipulating the Libor rate. Well, it is about time the CFTC get its act together, and start going after the culprits who rig the oil and gasoline markets costing consumers and businesses a mafia tax by paying prices much higher than the markets should be priced based upon supply and demand fundamentals in the consumption marketplace.
Thursday, September 20, 2012
The Murky World of India’s Commodity Futures Markets, Excessive Speculation and Market Manipulation / Stock-Markets / Market Manipulation
By: Global_Research
Kavaljit Singh writes: The recent guar trading scandal gives a peek into the murky world of Indian commodity futures markets and reveals how commodity exchanges are acting like casinos for speculators, moving away from their avowed objectives of price discovery and price risk management in an efficient and orderly manner.
Guar (Cyamopsis tetragonoloba) is a drought resistant crop grown mainly in Rajasthan and parts of Haryana and Punjab. The sowing season for guar seed begins in July and the crop is ready for harvesting in October. Most guar farmers sell their produce to traders at the farm gate and nearby markets. A part of produce is also kept by farmers for seed, animal feed and fodder purposes.
Read full article... Read full article...
Friday, September 14, 2012
Why There’s No Jail Time for Wall Streeters / Stock-Markets / Market Manipulation
By: Money_Morning
Shah Gilani writes:
Wall Street is a "protected" operation. Protected means cops are aware of illegal activity, but are paid off to look the other way and even protect businesses from potential harm.
So, if you're waiting to get back into the markets once the trash has been taken out, you're about to find out your wait may be a lot longer than you expected.
Monday, September 03, 2012
Will Obama Manipulate the Dow Divisor, from Fiction to Reality? / Politics / Market Manipulation
By: Submissions
Wim Grommen writes: Dow Jones Index to 58 points
After intensive consultation with his advisors, President Obama has decided to modify the formula used for calculating the Dow Jones Index. On January 1, 2013 the Dow Divisor will be changed to 30. The result of this change will be that the Dow Jones Index drops from the current 13,124 points to about 58 points. The underlying value of the 30 component stocks of course remains unchanged. With this modification to the formula Obama aims to make the large Dow fluctuations of recent decennia a thing of the past, and hopes that this will bring stability to the stock market. Banks, major investors and pension funds welcome this change in the Dow Jones Index formula.
Read full article... Read full article...
Monday, August 27, 2012
The Purpose of Market Intervention / Politics / Market Manipulation
By: Alasdair_Macleod
Interventions in markets by governments and central banks are routine and we take them for granted. No one questions them, but they can create dangerous distortions. Their reason for intervening is to take price determination away from markets and consumers.
Read full article... Read full article...
Saturday, August 18, 2012
Market Manipulation, What Do Stocks Get That Credit and Bonds Don’t? / Stock-Markets / Market Manipulation
By: Graham_Summers
I’m sick of writing about Europe. The entire situation over there is such a complete and total disaster that you could literally write a 12-volume set about it. So let’s forget about it for a while and look at something else which is only slightly less depressing… the rest of the world.
Thursday, August 16, 2012
What to Do When Every Market Is Manipulated, Hint: cut the strings / Stock-Markets / Market Manipulation
By: Dr_Martenson
If you don't know who the sucker at the card table is, it's you. ~ old gambler's saying
What do the following have in common?
LIBOR, Bernie Madoff, MF Global, Peregrine Financial, zero-percent interest rates, the Social Security and Medicare entitlement funds, many state and municipal pension funds, mark-to-model asset values, quote stuffing and high frequency trading (HFT), and debt-based money?
Read full article... Read full article...
Wednesday, August 08, 2012
Are High Frequency Traders Rigging the Stock Market? / Stock-Markets / Market Manipulation
By: Doug_Horning
Doug Hornig, Casey Research writes:
High-frequency traders (HFT) have no interest in any company whose stock they're trading.
They don't care about its earnings, what sector it's in, nor who's on the board of directors.
They neither know nor care how it fares in technical analysis, and they don't give a damn about its long-term prospects.
Read full article... Read full article...
Friday, August 03, 2012
The Bernanke Put is a Lie / Stock-Markets / Market Manipulation
By: Graham_Summers
Now, about that Bernanke Put.
Many people believe that because Bernanke once talked about dropping money out of helicopters to fight deflation that he literally meant that he would do this if push came to shove. He didn’t. The whole thing was a bluff meant to prop up the markets: the famed Bernanke Put.
Truth be told, this bluff is probably the smartest thing Bernanke ever did. By threatening to leave a paperweight on the “print” button, he convinced the market and all of Wall Street that the Fed would always be there to step in and save the day.
Read full article... Read full article...
Saturday, July 21, 2012
The Libor Interest Rate Manipulation Scandal In Full Perspective / Interest-Rates / Market Manipulation
By: Paul_Craig_Roberts
The article about the Libor scandal, coauthored with Nomi Prins, received much attention, with Internet repostings, foreign translation, and video interviews. To further clarify the situation, this article brings to the forefront implications that might not be obvious to those without insider experience and knowledge.
The price of Treasury bonds is supported by the Federal Reserve’s large purchases. The Federal Reserve’s purchases are often misread as demand arising from a “flight to quality” due to concern about the EU sovereign debt problem and possible failure of the euro.
Read full article... Read full article...
Friday, July 13, 2012
The Real LIBOR Scandal / Interest-Rates / Market Manipulation
By: Fred_Sheehan
Whatever can be said for and against Barclays and Bob Diamond, the story is in danger of exhausting itself at the wrong link in the chain. It has sidelined BubbleTV's around-the-clock coverage of Facebook. Mark Zuckerberg's dog walker has been waiting in a studio sound booth for a week now.
The populace has been so successfully coached and beaten to a pulp that the source of interest-rate price fixing is not mentioned. That source is the Federal Reserve.
Read full article... Read full article...
Friday, July 13, 2012
Libor Interest Rate Rigging: The Tip of the Market Manipulation Iceberg / Interest-Rates / Market Manipulation
By: Rob_Kirby
GATA was born in the late 1990’s - primarily on the back of fundamental research by Frank Veneroso regarding Central Bank Gold Leasing. Veneroso’s intellectual curiosity was aroused after being fed detailed data re: gold leasing by the Bank of England’s Terry Smeeton.
Thursday, July 12, 2012
Extreme Danger Signs, U.S. Econcomy Galloping Recession, Brewing Gold Allocated Accounts Scandal / Stock-Markets / Market Manipulation
By: Jim_Willie_CB
In recent public articles, the USTreasury Bond bubble was described, supported by Interest Rate Swaps to produce artificial demand and to create an illusion of a flight to safety in toxic USGovt Bonds. A Black Hole phenomenon was described, which will suck the capital life out of most assets, celebrate the USTBond rally, and accelerate the recession in the USEconomy. Numerous endgame signals were described, all alarming in their own right, not a single signal being from the realm of normalcy. Extreme danger is the warning. This week consider just a handful of danger signposts, all screaming loudly of systemic breakdown. They are all deeply disturbing signposts that complement the endgame signals with a scattered pox of symptoms on the landscape. The Jackass is firm and rigid in maintaining that ugly forecast made in late 2008, dismissed by many as foolish and off the mark. No longer.
Thursday, July 12, 2012
The Big Banks are Amateurs When It Comes to Manipulating Interest Rates / Interest-Rates / Market Manipulation
By: Washingtons_Blog
Who Are The Biggest Manipulators of All?
People are justifiably furious over the big banks’ manipulation of hundreds of trillions of dollars of assets. This violates the banks’ most central function: loaning money based upon the going rate.
Indeed, the Libor manipulation is so serious that even mainstream economists are starting to call for heads to roll.
Read full article... Read full article...
Thursday, July 12, 2012
Stock Market Manipulation and Technical Analysis / Stock-Markets / Market Manipulation
By: Tim_Wood
As sort of a cycle in and of itself, the question of manipulation seems to periodically surface. When it does, I'm also always asked if the Dow theory or any other technical method is still valid because of all the efforts to manipulate the markets. The short answer is, Yes. While manipulation can have a temporary effect on the market, it cannot fix the problem, it cannot stop the inevitable and in the end it will only serve to make matters much worse.
Wednesday, July 11, 2012
LIBOR Manipulation Leads To Questions Regarding Gold Manipulation / Commodities / Market Manipulation
By: GoldCore
Today's AM fix was USD 1576.50, EUR 1284 and GBP 1012.91 per ounce.
Yesterday’s AM fix was USD 1594.50, EUR 1293.29 and GBP 1026 per ounce.
Gold fell by $19.40 in New York yesterday and closed down 1.2% at $1,568.40/oz. Silver fell 1.8% or 50 cents to $26.84/oz.
Read full article... Read full article...
Wednesday, July 11, 2012
How Long Will the Bidding Up of Asset Prices on Leverage Go On / Stock-Markets / Market Manipulation
By: Fred_Sheehan
The Tisch family's shipping venture (A Buyer's Market) jogged the memory. The August 26, 1985, issue of Grant's Interest Rate Observer, in which Jim Tisch discussed buying ships for less than 10% of the new construction price, included a mix of leveraged developments that appeared doomed. Some were. Some go on and on.
Wednesday, July 11, 2012
Libor Was a Criminal Conspiracy From the Start / Interest-Rates / Market Manipulation
By: Raul_I_Meijer
So far, everybody who's said anything about the Libor rigging affair appears to have been lying. And if Nouriel Roubini can call for "somebody hanging in the streets", I can at least call for all the Libor liars to go to jail for it. AND lose all their money, benefits, pensions, everything.
And while we’re at it, why not also throw in jail anyone who suggests that Barclays "might not" have been the only bank rigging the rates. Might not? As if Barclays could have manipulated Libor significantly all on its own?! Against scores of other major banks reporting their daily rates?!
Read full article... Read full article...
Monday, July 09, 2012
Learning from LI(E)BOR / Interest-Rates / Market Manipulation
By: William_Bancroft
The LIBOR scandal rolls on in the UK, eagerly observed by the rest of the world. This scandal has reached mammoth proportions and has become deeply political with politicians past and present rushing to tell the media: ‘nothing to do with me’.
What people in the UK seem most upset about is ‘the greed of bankers’, but I think what this feeling is really articulating is ire at the rewards for greed in an industry that enjoys an implicit state back-stop. Us Brits have little issue with the likes of Richard Branson, James Dyson or Alan Sugar earning large amounts of money; these individuals’ futures are properly governed by the success of the decisions they make.
Read full article... Read full article...
Friday, July 06, 2012
The Butterfly Effect, and The $650 Trillion LIBOR Manipulation? / Interest-Rates / Market Manipulation
By: DK_Matai
Does the flap of an electronic butterfly's wings in London or Tokyo set off a financial tornado in New York or Zürich? We strive for predictability, which eludes us more than ever before, yet we don't often stop to ask ourselves: Why? According to the butterfly effect, the slightest disturbance in one part of a system can trigger a chain of events that creates a hurricane in another part of the world. Sometimes people can joke, laugh and be dismissive of the butterfly effect. However, such effects are critical in shaping our thinking and our interlinked complex systems both man-made and natural. They predicate and have the capacity to modify our behavioural patterns and lifestyle almost immediately. What is becoming clearer, and what we shouldn't ignore, is that the "inappropriate behaviour" in regard to the London Interbank Offered Rate or LIBOR manipulation by a "small number of traders" in reality has consequences far beyond the immediate concerns of those traders themselves. Traders who we have to assume were probably motivated more by their own immediate financial gain than by some grand conspiracy to disrupt the markets. Yet, this is what they may have inadvertently done!
Thursday, July 05, 2012
LIEbor Financial Crimes, Serious Fraud Office has Serious Questions to Answer / Politics / Market Manipulation
By: Nadeem_Walayat
LIEbor rate fixing is just one aspect of the mega financial crimes of the century that continue to be perpetuated by bankster's that earlier today were rewarded with another £50 billion of free money from their god fathers at the Bank of England.
Thursday, July 05, 2012
The Libor Interest Rate Manipulation Scandal Has Been Brewing for Years / Interest-Rates / Market Manipulation
By: Money_Morning
The Barclays Libor manipulation scandal is the latest development out of a huge investigation in the global banking industry - one that would have started years earlier, if Money Morning's Shah Gilani was in charge of it.
You see, Libor rates are incredibly important. They're the benchmark, or "reference," rates for hundreds of trillions of dollars in loans.
Read full article... Read full article...
Thursday, July 05, 2012
Libor Exposure Of Banker Corruption, Bank Of England And U.S. Fed Both Implicated / Interest-Rates / Market Manipulation
By: Jim_Willie_CB
Few observers make the connection, but the current LIBOR scandal is a middle inning of two important events. The first is the demise of the Western banker leadership crew. The executives from the most powerful banks will be last to be deposed, all sharing an ethnic strain. The second is the open fracture of the Western financial system. Over the past few years, to be sure a great many people have grown tired of Jackass descriptions of corruption within the banking sector and financial system in general. Well, hear this: TOLD YA SO! The London Interbank Offered Rate scandal will erupt into an uncontrollable firestorm, hitting one chamber and then the next, with rapid contagion.
Wednesday, July 04, 2012
MP's Fail to Hold Bob Diamond, Barclays to Account for Libor Fraud, Public Inquiry Needed / Politics / Market Manipulation
By: Nadeem_Walayat
The 3 hour Treasury Select Committee session has just concluded and clearly it has failed to live up to expectations as the politicians failed to hold Bob Diamond the ex-ceo of Barclays to account. The facts are that the FSA and the Bank of England are incompetent because it has taken the regulators 4 years to do only half a job.
Wednesday, July 04, 2012
Labour's Dirty Finger Prints All Over Bank of England LIBOR Manipulation Crime Scene / Interest-Rates / Market Manipulation
By: Nadeem_Walayat
The mainstream press has been busy during the past 2 days working itself up into a frenzy of reporting, despite the fact that they are in effect reporting a 4 YEAR old story, something that I have touched on many, many times over the years that LIBOR rates are MANIPULATED by ALL parties concerned as a consequence of a series of credit crisis earth quakes that took place following the collapse of Northern Rock (a year before Lehman's), as fear driven Labour government politicians put pressure on a Panicking and Incompetent Bank of England to loosen the reins on the bankrupting, insolvent banks who took the increasingly nervous nods, winks and nudges as a licence to defraud counter parties to interest rate derivatives contracts (usually other banks). Now four years later the mainstream press is using a magnifying glass on just one aspect of market manipulation that took place during the financial crisis that ultimately will lead all the way to Alistair Darling's and Gordon Brown's Downing Street doors.
Monday, July 02, 2012
Silver and Financial Markets Are Manipulated, But So What? / Stock-Markets / Market Manipulation
By: Jesse
Someone sent this video clip to me in response to the things I have written earlier today.
I find the whole discussion absolutely remarkable when viewed from an objective, or at least a non-American and non-financial industry, point of point. The exceptionalism and denial in this is surprising to watch.
Read full article... Read full article...
Sunday, July 01, 2012
If Bank of England Approved LIBOR Rate Manipulation, Will Mervyn King Resign? / Interest-Rates / Market Manipulation
By: Nadeem_Walayat
Bankster's, such as Bob Diamond have just started to play their Ace card that they have held close to their chests for near 4 years now. That Ace card alledges that the Bank of England gave a nod and a wink to manipulate the LIBOR interest rates lower on several occasions during credit crisis extremes when the interbank lending market had effectively frozen.
Wednesday, June 20, 2012
Is The Stock Market Rally For Real…Or Just Part Of the Games Bankers Play? / Stock-Markets / Market Manipulation
By: Money_Morning
Shah Gilani writes: The markets are rallying, again. Will this time be different? Or is this just another head fake?
The truth is the current rally is not surprising given what's coming out of the G20 meeting, what's likely to come out of the Fed's Open Market Committee meeting today and Jamie Dimon's Congressional testimony yesterday.
Read full article... Read full article...
Friday, June 01, 2012
Facebook Thanks Heaven for Dumb Money! / Companies / Market Manipulation
By: Bill_Bonner
Thank God for dumb money!
What would the world be without chumps? Suckers? Bagmen and patsies?
Who would buy a ladies handbag for $1,500? Or blue-jeans for $150? Who would buy an oversized show-off pickup…or a $4 million McMansion?
Read full article... Read full article...
Monday, May 28, 2012
Facebook - How Wall Street Really Works / Companies / Market Manipulation
By: Bill_Bonner
Baltimore, Maryland – How do you like those wimpy, whiney investors? They lose money in Facebook. Do they take their losses like men? Nope.
They rush to sue everybody! The investment banks who were midwifes to the birth of FB into the public markets weren’t playing fair, they say. They gave their best clients more and better info than they fed to the public.
Read full article... Read full article...
Wednesday, May 02, 2012
Open Market Manipulation of the Gold and Silver Futures Market By Banks and Producers / Commodities / Market Manipulation
By: Marshall_Swing
The precious metals marketplace and even main street media is all abuzz about the 7,500 contract trade, in gold, on Monday, April 30th. Gold fell $15 in the space of a minute as many news outlets reported. Speculative traders think the trade could have been a fat finger. COMEX floor traders say otherwise and think the trade was deliberate just like any other trade because no one makes a trade of that size without specific instructions.
Monday, April 30, 2012
The Risk of Investing in a Markets Full of Conmen / Stock-Markets / Market Manipulation
By: Bill_Bonner
Dow up more than 100 points yesterday. Gold up $18.
Google…Apple…what more do you need to know?
“Blah, blah, blah…don’t you feel you’re wasting your time?”
Read full article... Read full article...
Sunday, April 15, 2012
The Criminal Manipulation of Food and Commodity Prices / Commodities / Market Manipulation
By: Jesse
Michael Greenberger of the University of Maryland has been an outstanding spokesperson for financial reform. I have carried his interviews before.
He served on the CFTC with Brooksley Born in the late 1990's. This is how I first became aware of his opinions about regulatory matters.
Wednesday, April 11, 2012
JP Morgan Metals Market Manipulation, Blythe Masters Lays an Egg / Commodities / Market Manipulation
By: Rob_Kirby
On April 5, 2012, JPMorganChase commodity executive Blythe Masters appeared on CNBC, and she was questioned whether the bank is manipulating metals markets?
Sunday, April 08, 2012
Blythe Masters Speaks Out On JPM and Market Manipulation / Politics / Market Manipulation
By: Jesse
A number of people have asked me what I think about Blythe Masters' interview on CNBC in which she categorically denies that JPM is involved in anything but legitimate hedging of customer positions in the silver market.
I think a detailed description of all of JPM's hedging positions in the futures and derivatives market, and the related customers and bullion holdings, should be supplied to Gary Gensler's CFTC as government regulator so they can look them over. That is what the CFTC has been asked by the people who pay them, the investing public, to do.
Friday, March 09, 2012
How Big Money and Insiders Use Options to Manipulate the Stock Market / Stock-Markets / Market Manipulation
By: Sam_Chee_Kong
Anything that has to do with investments will be subjected to risk and return. Normally, the higher the risk the higher will be the return. Is there any investment that will provide you the opposite, where the potential risk is reduced while the return will actually increased? The answer is YES and it is through Options.
Before we delve into how ‘Big money and Insiders’ use options to manipulate the Stock Market, I think we should educate ourselves on the inner workings of the options market so that we as an investor will also can benefit from the versatility that options can offer.
Read full article... Read full article...
Friday, February 24, 2012
The Greatest Episodes of Market Manipulation's…Is Silver Next? / Stock-Markets / Market Manipulation
By: Money_Morning
Don Miller writes:
Market manipulation has a long and storied history.
From the Tulip Mania of the 1600s all the way to the recent housing bubble, market manipulators have employed a wide range of tactics to lighten the wallets of unsuspecting investors.
Read full article... Read full article...
Tuesday, January 31, 2012
Failure to Rig Gold Market During Dollar Devolution, Manifest Destiny Derailed: Treason from Within / Politics / Market Manipulation
By: Rob_Kirby
Something very unusual recently occurred in financial journalism. If you are from or rely on the mainstream western financial press as your primary means of being informed – you surely wouldn’t have noticed – because this ‘oddity’ involved a real act of investigative journalism by one Lars Schall.
Wednesday, January 25, 2012
Gold and Silver Market Manipulation Video / Commodities / Market Manipulation
By: Janet_Tavakoli
Angie Miles interviews Janet Tavakoli. There’s a rich history of price manipulation in the commodities markets. Look for price anomalies as options expire tomorrow.
Many view gold as a currency alternative as central banks print money and debase their currencies.
Read full article... Read full article...
Thursday, January 19, 2012
Gold and Silver Market Price Manipulation, Look for Motive / Commodities / Market Manipulation
By: Janet_Tavakoli
Regulators haven't been able to keep up with price manipulation in the commodities markets or any other market. Why do games persist? The short answer is because they can, and because they can be very profitable in the short run.
If you've Googled gold or silver, you've probably come across sites that are breathless about the possibility of manipulation of metals prices. The problem with the internet is that it's new, too new to capture the rich history of the financial markets. Manipulation of metals prices--and the prices of many other commodities--is an old tradition. Here's one example adapted from An Alchemists Road: My transition from medicine to business, by Dr. Henry Jarecki (Dr. Jarecki is currently Chairman of Gresham Investment Management LLC.), October, 1989. This publication is not available on the internet.
Read full article... Read full article...
Wednesday, November 30, 2011
Stock Market Manipulation / Stock-Markets / Market Manipulation
By: Tim_Wood
My research suggests that the secular bull market, which began at the 1974 low, peaked at the October 2007 high and that we have been in a bear market advance since the March 2009 low. According to Dow theory, all bull and bear markets unfold in 3 phases with important counter-trend moves separating each of the phases. As I have said all along, the rally out of the March 2009 low has been a bear market rally that should prove to separate Phase I from Phase II of the longer-term secular bear market that is now under way. Nothing has occurred to change this point of view. Since the rally out of the October low began, I have received a number of e-mails asking about manipulation and if "they" could prevent or if "they" have perhaps already prevented the phase II decline.
Thursday, October 20, 2011
Dodd Frank Act Finally Cleans up the COMEX Commodities / Commodities / Market Manipulation
By: George_Maniere
One of the best parts of writing is that I get so many great ideas from my readers. The readers of this site are some of the smartest people I have ever spoken with. Even the people who have never traded bring a fresh and new prospective to the way I see the market.
Yesterday I was proved right and completely blown away by a post from a reader. I did some homework on other sites and the probabilities of his post being accurate are 80%. So let’s get to it because I think you are going to like his thesis.
Wednesday, August 03, 2011
Market Manipulation is Easy when Money is Free / Commodities / Market Manipulation
By: Dr_Jeff_Lewis
A concept investors had much time to ponder is the long run value of investment capital. To calculate seemingly abstract concepts, investors have very simple answers. The rule of 72 gives us a guideline for the doubling of money, and net present value calculators are now found on every computer with a spreadsheet program.
Calculating the rate at which money can earn a return is simple. Finding ways to generate that return is anything but. Further, in this period of record low interest rates, the methodology of money making has never been so twisted.
Read full article... Read full article...
Saturday, July 23, 2011
Profitably Playing Market Manipulation / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
“In his latest interview with King World News, geopolitical analyst James G. Rickards says credit default swaps are fraudulent mechanisms by which the "too big to fail" New York investment banks like J.P. Morgan Chase and Goldman Sachs loot the world with an implicit U.S. government guarantee, making them de-facto agencies of the government.”
“With credit default swaps, banks loot world with a government guarantee, Rickards says”
Chris Powell, gata.org, 7/16/11
Read full article... Read full article...
Friday, July 22, 2011
Manipulated Markets, Dinosaurs, Dodo Birds and Wooly Mammoths / Commodities / Market Manipulation
By: Rob_Kirby
Back on June 23, 2011 – the Washington Post and Bloomberg reported that the U.S. and allies were going to release 60 million barrels of crude oil from strategic reserves to REDUCE OIL PRICES - reasoning this was to replace alleged shortages caused by the removal of 1.5 million barrels per day of light sweet Lybian crude which had been removed from the market:
Thursday, June 02, 2011
Insider Trading: “You Can’t Regulate Uncertainty” / Stock-Markets / Market Manipulation
By: Casey_Research
On May 11, hedge fund billionaire Raj Rajaratnam was found guilty by a federal jury of engaging in a seven-year conspiracy to trade on illegal tips from corporate executives, bankers, and consultants. In a Conversations with Casey interview with Senior Analyst Louis James, here are Doug’s no-holds-barred musings on insider trading and the SEC.
Louis James: So, Doug, what’s your take on Raj Rajaratnam’s conviction?
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Monday, May 16, 2011
Is Insider Trading Really a Crime? / Politics / Market Manipulation
By: Robert_Murphy
A major piece of financial news last week was billionaire Raj Rajaratnam's conviction on 14 counts of securities fraud and conspiracy. Rajaratnam, founder of the hedge fund Galleon Group, was worth an estimated $1.8 billion in 2009. His conviction has pleased those who want the feds to crack down on "insider trading" and show the fat cats on Wall Street that they aren't above the rules.
Friday, May 13, 2011
Rajaratnam Guilty On All 14 Counts of Insider Trading - Faces 19+ Years In Prison / Stock-Markets / Market Manipulation
By: Jesse
"The tapes show he didn't believe the rules applied to him. Cheating became part of his business model."
"He" is a microcosm of a financial system in which the currency of fraud drives out honest price discovery and displaces productive activity, and large institutions game the markets on a daily basis with near impunity, while the public underwrites their steady gains and occasional but spectacular losses.
Read full article... Read full article...
Tuesday, May 10, 2011
Warren Buffett and Wall Street Boys / Stock-Markets / Market Manipulation
By: Janet_Tavakoli
One of my long-time New York friends said: "If you have three people working in a McDonald's there will be politics and grandstanding. Wall Street isn't much different." There's more fame, and the fortune is much greater, but he's on to something.
One of the reasons Warren Buffett has cultivated an image of trustworthiness is because his public persona seemed to be above it. Some contrast from my personal experiences may illustrate the point.
Read full article... Read full article...
Friday, April 29, 2011
Fed Launches the Most Fraudulent Market Manipulating Scheme Yet / Interest-Rates / Market Manipulation
By: Dr_Jeff_Lewis
The Federal Reserve is up to its fraudulent games. In this latest round of open market operations, the Federal Reserve is not only engaging in manipulation of the credit default swap market, but also paying off its allies in the ultimate scam of creating low-risk, high returns for hedge fund managers.
Wednesday, April 20, 2011
Murderers and Martyrs, Tide Goes Out on Buffett / Stock-Markets / Market Manipulation
By: Janet_Tavakoli
At 12:40 Max Keiser talks to Janet Tavakoli about the tide going out on Warren Buffett, his reverse-moral suasion applied towards the rating agencies, et.al., his potential advance information of the September 2008 bailouts, GoldenWest/Wachovia/Wells Fargo, the SEC’s sleight of hand in bringing minor charges, while leaving massive securitization fraud unaddressed, i.e., enabling cover-ups.
Read full article... Read full article...
Tuesday, April 19, 2011
Amaranth Collateral Damage in 78 Trillion Dollar J.P. Morgan Chase Derivatives Book / Commodities / Market Manipulation
By: Rob_Kirby
The purpose of this paper is to illuminate the real purpose of the obscene size of derivatives books amongst the world’s largest financial institutions. Derivatives in strategic markets are controlled by governments through proxy banks and agencies using these instruments. By sheer volume, the trading in paper “tails” wag the physical “dogs”. When market volatility negatively impacts these large institutions they are given a pass by regulators and accounting protocols in the interest of national security and preservation of the status quo. Moreover, this ensures the perpetuation of U.S. Dollar hegemonic power. The following accounts outline how these instruments are used to project this power.
Tuesday, April 19, 2011
Financial Scam Behind Rising Crude Oil and Food Prices? / Commodities / Market Manipulation
By: Danny_Schechter
The global economy and its recovery, and the living standards of millions of plain folks, are now at risk from the sudden rise in oil and commodity prices.
Gas at the pump is up, and going higher. Food prices are following.
Read full article... Read full article...
Monday, April 18, 2011
Fed U.S. Treasury Bond Market Manipulating Fraud, How Long Can it Continue? / Interest-Rates / Market Manipulation
By: Jesse
I have had this video on the manipulation of the debt markets by the Fed in the Matières à Réflexion links since last week, but moved it here on request because apparently many missed it, and did not understand its importance.
Sunday, April 03, 2011
Understanding American Fascism, the Insider Trading Shows / Stock-Markets / Market Manipulation
By: Gary_North
"I seen my opportunities, and I took 'em." ~ George Washington Plunkett (of Tammany Hall)
Oh, boy! A scandal among the rich – the very, very rich – and famous. Warren Buffett's would-be replacement got his hand caught in the cookie jar. He is no longer in the running in the Buffett-replacement sweepstakes.
Read full article... Read full article...
Saturday, March 26, 2011
Could There Really Be a Bernanke Put? / Stock-Markets / Market Manipulation
By: Sy_Harding
Back in 1998, the U.S. stock market had become overbought and was in a normal correction, while Asian markets were plunging due to a currency crisis. When on top of those situations, giant hedge fund Long-Term Capital Management collapsed, causing problems for some major banks, the U.S. Fed worried that the combination might send the U.S. economy into a recession. So it quickly and dramatically cut interest rates. The economy did not slow into a recession, and the interest rate cuts encouraged the stock market, which turned back to the upside and kept going into the 1999 bubble.
Read full article... Read full article...
Saturday, March 19, 2011
Yen Intervention, What a Manipulated Joke the Markets Are! / Stock-Markets / Market Manipulation
By: PhilStockWorld
Of course, that’s why we love them, right? But, sometimes, even when we’re playing along – the manipulation we see is so sickening, we still feel the need to declare SHENANIGANS! Read full article... Read full article...
Monday, February 28, 2011
Microcosm of the Market Manipulation in the US and the Repeated Failure of Ideology / Stock-Markets / Market Manipulation
By: Jesse
I am seeing this same sort of 'gaming the markets' across many markets and stocks that the author notes below, especially in those markets amenable to leverage and electronic manipulation such as indices driven by futures, options markets, and ETFs which more closely resemble carney games than investment vehicles.
Thursday, February 17, 2011
Why the S&P is Rigged? One Chart Says It All / Stock-Markets / Market Manipulation
By: Justin_John
Try sending this to everyone and hopefully someone from FED will read it. They should finally know that we arent that stupid really and this time around, retail will not come in at PEAK to save the FED and cronies.
Saturday, February 05, 2011
Financial Markets and the U.S. Orwellian Non Farm Payrolls Report... / Politics / Market Manipulation
By: Jesse
The weather ate the recovery.
Now we know why the Wall Street demimonde had been pimping the unemployment number as 'the key number to watch' as compared to actual jobs added earlier this week. Although at the time they never really said why.
Monday, January 17, 2011
How the Cartels Ensure Diamonds Last Forever / Commodities / Market Manipulation
By: MISES
Sreevathsa Karanam writes: Diamonds are considered a unique resource because the price level is always on the increase without any big swings, unlike other commodities, such as gold, whose prices fluctuate (sometimes violently) in the market.
Thursday, December 16, 2010
Bankers Secret Meeting to Control the World? / Stock-Markets / Market Manipulation
By: PhilStockWorld
Revisiting the massive global oil scam... Last year, Phil calculated that this $2.5 Trillion dollar operation was 50 times the size of the Bernie Madoff ponzi scheme. "It's a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in "Madoff Units" ($50Bn rip-offs). That's right - $2.5Tn is 50 TIMES the amount of money that Bernie Madoff scammed from investors in his lifetime, yet it is also LESS than the MONTHLY EXCESS price the global population has to pay for a barrel of oil..."
Wednesday, December 08, 2010
Financial Industry Regulatory Authority (FINRA) Insider Trading? / Stock-Markets / Market Manipulation
By: PhilStockWorld
Interview with Larry Doyle at Sense on Cents, by Ilene
Here's the hypocrisy of the Financial Industry Regulatory Authority* (FINRA); it dumped a portfolio of Auction Rate Securities* (ARS) before the ARS market froze up in early 2008. People are asking legitimate questions and FINRA is refusing to answer. When FINRA wants its questions answered, it knows how to get the answers through its subpoena power. Why won't FINRA fess up and be transparent about its dealings in the ARS market?
Read full article... Read full article...
Wednesday, December 01, 2010
Stocks Insider Selling, What Does It Really Mean? / Companies / Market Manipulation
By: Dudley_Baker
Resource shares have risen substantially in price over the last many months and it is not unusual to see insiders reporting substantial sells and taking some profits. If you see insider selling in a company that you own what should you do?
Corporate insiders would be defined as officers, directors and 10% plus shareholders of a company. They are a group that investors love to love and love to hate.
Read full article... Read full article...
Sunday, November 28, 2010
Stock Market Manipulation, Interest Rates and Dow Theory Bear Rally / Stock-Markets / Market Manipulation
By: Tim_Wood
I continue to believe, based on the evidence at hand, that the rally out the March 2009 low is a large scale bear market rally that should ultimately prove to separate Phase I from Phase II of the much larger and ongoing secular bear market. But, just as I told my subscribers before that low was even made, the longer this rally holds up, the more dangerous it becomes. Reason being, it becomes more and more convincing. I also continue to receive questions asking whether or not the Dow theory or any other market discipline is still applicable in light of the manipulation.
Wednesday, November 17, 2010
20 Years of Fed Stock Market Manipulation Revealed / Stock-Markets / Market Manipulation
By: Washingtons_Blog
Jeremy Grantham: "The Fed Has Spent Most of the Last 15, 20 Years Manipulating the Stock Market"
Legendary investor Jeremy Grantham - Chief Investment Strategist of Grantham, Mayo, Van Otterloo- told CNBC last week:
Read full article... Read full article...
Sunday, November 07, 2010
Crude Oil and Silver Curious Market Actions Warrant CFTC Investigation / Commodities / Market Manipulation
By: Static_Chaos
Once again we find some strange activity occurring in these markets from a trading perspective, and it is time that the increased staff and resources of the CFTC enforcement division look into these two markets in particular.
Wednesday, November 03, 2010
Fed POMO Plunge Protection Team Stock Market Manipulation? / Stock-Markets / Market Manipulation
By: EWI
Rumors are, the U.S. government "is propping up the stock market."
'By far, the most frequent question we've been asked recently at EWI's Message Board is this: "What is your take on the persistent internet chatter that the Federal Reserve is holding up the stock market via QE2, POMO, etc.? How can stocks ever decline again if the Fed is in control?" Here is an eye-opening chart that will help shed more light on this issue. Read more.
Read full article... Read full article...
Friday, October 29, 2010
Is the Fed Plunge Protection Team Manipulating the Stock Market? / Stock-Markets / Market Manipulation
By: EWI
Rumors are, the U.S. government "is propping up the stock market."
'By far, the most frequent question we've been asked recently at EWI's Message Board is this: "What is your take on the persistent internet chatter that the Federal Reserve is holding up the stock market via QE2, POMO, etc.? How can stocks ever decline again if the Fed is in control?" Here is an eye-opening chart that will help shed more light on this issue. Read more.
Read full article... Read full article...
Friday, October 29, 2010
High Frequency Traders Manipulating Stocks Futures, Options, Bonds, Currency and Commodities Markets / Stock-Markets / Market Manipulation
By: Washingtons_Blog
As I noted earlier today, high frequency traders trade not only stocks, but also futures, options, bonds and currency:
We know that high frequency trading is used to manipulate the stock market. The prevalence of high frequency trading in other markets means that it might be used to manipulate those markets - perhaps virtually all markets - as well.
Read full article... Read full article...
Saturday, October 16, 2010
Is the Fed Boosting the Stock Markets? The Numbers Don't Lie... / Stock-Markets / Market Manipulation
By: DailyWealth
Jason Goepfert writes: Anyone who's read my SentimenTrader advisory over the past nine years knows I'm not a conspiracy theorist.
Out of the approximately 2,500 comments I've posted, I've alluded to market manipulation probably fewer than half a dozen times.
Friday, October 08, 2010
China's Currency War in the Eurozone to Devalue U.S. Dollar / Currencies / Market Manipulation
By: Pravda
The market structure of the rates of foreign currencies has been thrown into question. China has become more active in the eurozone as a result of the economic conflict with the USA. The Chinese dragon starts to determine quotations on world's basic currencies, such as the euro and the US dollar.
Tuesday, October 05, 2010
China Yuan Currency Manipulation, Free Trade versus Fair Trade / Currencies / Market Manipulation
By: Jim_Farrish
The fantasy of forcing China to float the yuan against the dollar is building steam. There have been attempts to persuade the Chinese government to this end, but they have not listened, nor do they really intend to act. The yuan has floated higher by 1.8% over the last five weeks, but that is a pittance compared with the destruction of the dollar by US policy, in an attempt to devalue the dollar in hopes of exporting more goods.
Read full article... Read full article...
Tuesday, September 21, 2010
U.S. and China Playing Currency Manipulation Kabuki / Currencies / Market Manipulation
By: Dian_L_Chu
In his testimony before the U.S. Congress last Thursday, Treasury Secretary Tim Geithner accused China of "very substantial" currency intervention, and the U.S. will use every available tool to urge China to let the yuan rise more quickly, including taking it up in front of the G20 Summit and WTO. President Obama quickly followed up with some more tough rhetoric on Monday, while U.S. lawmakers are weighing new legislation against China.
Sunday, September 19, 2010
United States versus China, Currency and Trade Wars / Currencies / Market Manipulation
By: Richard_Mills
The Chinese government, in an effort to maximize exports and minimize US imports prints their yuan to buy dollars. This prevents their currency from rising and the dollar from falling. Then it loans those same dollars back to America by buying US debt.
Friday, September 03, 2010
Charts Reveal Stock Market Truths / Stock-Markets / Market Manipulation
By: Barry_M_Ferguson
There has been a lot of discussion lately about whether or not we are in a bull market or bear market. Is the economic ‘recovery’ for real or just a government stimulus blip? Should Representative Maxine Waters face charges of misusing her office to get her husband’s bank some of that TARP money? Personally, I think Ms. Waters is being unjustly accused. So she used her office for self-enrichment. Isn’t that what we elect Congress people to do? Aren’t they just pigs at a trough helping themselves to everything they can plunder from the suckers that vote for them? She’s an American politician for crying out loud. I expect them to be corrupt, sleazy, self-promoting, narcissistic pigs. I’m never disappointed. What’s all the fuss about? Back to my story.
Sunday, August 29, 2010
Stock Market Flash Crash Prompts Investors to Flee Equities / Stock-Markets / Market Manipulation
By: Mike_Whitney
Robert Herz was forced to resign from his job as as chairman of the Financial Accounting Standards Board (FASB) because he insisted that the banks assign a fair value to their assets. That's not what you'll read in the papers, but it's true just the same. Herz was a major proponent of mark-to-market accounting, a simple means of determining the value of a bond or security by comparing the price of similar assets sold at market. In other words, Herz is a defender of universally-accepted accounting principles, which is why he was terminated, er, I mean, resigned. According to the Wall Street Journal:
Friday, August 20, 2010
New Jersey With The Luck Of The Irish / Politics / Market Manipulation
By: Static_Chaos
One of the headline news today was that New Jersey became the first U.S. state sued by the Security Exchange Commission (SEC) for security fraud. Here is the low-down according to WSJ (my summary):
Read full article... Read full article...
Friday, August 20, 2010
“Dark Pool” Stock Market Manipulation Continues / Companies / Market Manipulation
By: Christopher_Quigley
Traders and investors please be aware that the “Flash Crash” of May 6th. was not an isolated incident. I attach two recent examples of similar “events”. The forces that worked in May last are still alive and functioning, however, rather than directing their forces market-wise, they are now targeting specific stocks with very profitable consequences.
Read full article... Read full article...
Wednesday, July 28, 2010
Goldman's Derivatives Clearing Service: The Better To Cheat You With My Dear / Politics / Market Manipulation
By: Jesse
Say, aren't Goldman the fellows that just pled to fraudulent dealing in financial instruments like MBS, and paid a fairly hefty 500+ million dollar fine? The company is starting a centralized clearing facility for derivatives, which may be among those mandated for use by market participants, in the US government mandated efforts to reform.
Friday, July 16, 2010
Guilty of Market Manipulation CEO of IKB Bank, Did Goldman Sachs Commit Fraud? / Politics / Market Manipulation
By: Janet_Tavakoli
Financial news media is abuzz with analyses of Goldman Sachs's settlement with the SEC for $550 million in a case of alleged fraud regarding the packaging and selling of a CDO called Abacus. Goldman Sachs admitted to no wrong-doing. The settlement is less than Tiger Wood's potential $700 million divorce settlement--and Tiger didn't help bring the economy to its knees (he also publicly admitted his transgressions and expressed regret)--but it's a start.
Monday, June 28, 2010
Gold Price Manipulation Prior to Options Expiration Exposed / Commodities / Market Manipulation
By: Jason_Hamlin
Gold futures expire today, June 28th. If you follow the manipulation theories, it is just prior to expiration time, either in futures or options, that paper shorts increase their net short positions in order to manipulate precious metals (and stocks) downward. This allows the manipulators to profit as the contracts they sold to unwitting investors expire worthless. The sudden drop in price also provides an opportunity for the shorts to cover their positions, profiting via paying back their creditors with lower priced gold or equities.
Thursday, June 17, 2010
Matt Simmons Shorting BP Stock, Oil Spill Conflict of Interest on Mainstream Media Interviews / Companies / Market Manipulation
By: Static_Chaos
After busy making several outrageous comments regarding BP and the Gulf oil spill as recent as last evening, Matt Simmons abruptly announced today that he would retire from the board of Simmons & Co.--the company he founded in 1974--effective June 30.
Wednesday, June 09, 2010
Wall Street's Advice to Joran van der Sloot / Politics / Market Manipulation
By: Janet_Tavakoli
Before we get to your problem areas, we'd like to congratulate you on almost having "the right stuff." You are a manipulator and an unabashed liar. You have no remorse. You are a master at twisting things to suggest your victims had it coming, and you don't think of them as human beings.
Read full article... Read full article...
Saturday, May 29, 2010
EXTEND & PRETEND: Its either RICO Act or Control Fraud / Stock-Markets / Market Manipulation
By: Gordon_T_Long
We are entering the Age of Rage.
It is presently most visible in Europe as austerity programs that potentially could shred a half century of social entitlement advances are met with increasingly violent street demonstrations. It is seen in the US Tea Party rallies with their fury that the very fabric which the US capitalist system is based on is being destroyed and discarded. Unfortunately these demonstrations of rage are focusing on the effects and not the cause. The cause is a systemic plaque of unenforced financial control fraud.
Saturday, May 29, 2010
Max Keiser Report: Goldman Sachs, Undeclared Enemy of the State, Financial Terrorism / Stock-Markets / Market Manipulation
By: Videos
This time Max Keiser and co-host, Stacy Herbert, look at the scandals of naked short selling, supplementary liquidity providers and the conspiracy of banks. In the second half of the show, Max interviews Jim Rickards about naked short selling and overwhelming the specialist system, Wall Street banks undermining Greece and Goldman Sachs as an undeclared national enemy.
Saturday, May 22, 2010
Financial Terrorism, Homeland Security Calls on Max Keiser to Help / Stock-Markets / Market Manipulation
By: Mike_Shedlock
Here is an email from a member of the House Committee on Homeland Security to Max Keiser regarding Financial Terrorism. Both the email and Max Keiser's response had me laughing my head off.
Thursday, May 20, 2010
Gold, Silver Market Manipulation, CFTC Aftershocks / Commodities / Market Manipulation
By: Jennifer_Barry
On March 25, fifteen individuals selected by the US Commodity Futures Trading Commission (CFTC) testified to that body on proposed position limits for the precious metals markets. One big surprise was the inclusion of Bill Murphy, Chairman of the Gold Anti-Trust Action Committee (GATA). Although his organization has been blacklisted by the mainstream American media, he was able to enter some of GATA’s eleven years of research into the public record. Although only allowed to speak for a few minutes, Murphy’s testimony covered territory ranging from the “strong dollar” policy, the lack of transparency from the Federal Reserve on gold swaps, and the CFTC’s own stalled silver market investigation.
Sunday, May 16, 2010
Flash Stock Market Crash, Biggest Heist in U.S. History / Stock-Markets / Market Manipulation
By: Submissions
VernontheGerman writes: I wanted to bring to your attention the events that transpired Thursday 6th May between 2:41pm and 2:57pm.
In those 16 min one of the largest heists in American history occurred. It was said that up to one trillion dollars was lost and regained in that time.
Thursday, May 13, 2010
The Day the Free Market Died / Stock-Markets / Market Manipulation
By: Christopher_Quigley
Following quite a number of requests this brief will deal with my understanding of what transpired last Thursday the 6th. May when just after 2.30 PM the Dow Industrials collapsed by nearly 10% and then suddenly recovered in 11 minutes. The implications of what occurred are far reaching and unless the regulatory issues are resolved we can expect similar “events” of like nature.
Monday, May 10, 2010
"Banging" the U.S. Stock Market / Stock-Markets / Market Manipulation
By: Janet_Tavakoli
Chicago residents grew up to the sound of local early morning radio rundowns of pork belly futures and other exchange traded commodities. Every trick in the book from manipulation of soybeans to silver has played out in Chicago's trading pits. Every market professional I've talked to in Chicago since Thursday is of the same opinion. It makes no difference whether human beings or computers are front running and manipulating trades. The gyrations in the market last week have the look and feel of classic market manipulation.
Read full article... Read full article...
Sunday, May 09, 2010
Goldman Sachs Rigged Stock Market Crash / Stock-Markets / Market Manipulation
By: Ellen_Brown
Last week, Goldman Sachs was on the congressional hot seat, grilled for fraud in its sale of complicated financial products called “synthetic CDOs.” This week the heat was off, as all eyes turned to the attack of the shorts on Greek sovereign debt and the dire threat of a sovereign Greek default. By Thursday, Goldman’s fraud had slipped from the headlines and Congress had been cowed into throwing in the towel on its campaign to break up the too-big-to-fail banks. On Friday, Goldman was in settlement talks with the SEC.
Thursday, May 06, 2010
Let Goldman Sachs Interrogate the SEC / Politics / Market Manipulation
By: Fred_Sheehan
Since April 16, 2010, when the Securities and Exchange Commission (SEC) indicted Goldman Sachs on fraud charges, the bank must approach each day wishing it could stay in bed. New charges and rumors of lawsuits swirl around the firm. Goldman will have its day (or, years) in court, but the government agency that rolled the snowball down the mountain should also sit in the dock.
Monday, May 03, 2010
Hollywood and The Rigging of Financial Markets / Politics / Market Manipulation
By: Ellen_Brown
Betting on the Gross Profits of Upcoming Movies - As if attacks from popparazzi and star-crazed fans weren’t enough, Hollywood stars may soon have a literal price put on their heads by investors in the Cantor Exchange, a real-money trading platform where people can bet on the gross profits of upcoming movies. Sales of The Dark Knight skyrocketed after Heath Ledger died unexpectedly, and so did sales after the deaths of Michael Jackson, Elvis Presley and Marilyn Monroe. Will greed-driven investors now be laying in wait for the stars of movies they have sold short?
Friday, April 30, 2010
Prosecutors Should Investigate Goldman Sachs on Baidu Trading / Companies / Market Manipulation
By: Static_Chaos
In light of the fact that Baidu stock is now valued at $700 instead of $27 asserted by Goldman Sachs as the “fair value” (by the way, Goldman has never been so wrong on price targets.), and the fact that Goldman actively trades against its clients, it is now high time for the U.S. federal prosecutors probe into Goldman’s trading practice of Baidu IPOs as well.Read full article... Read full article...
Tuesday, April 27, 2010
Merrill Lynch Did a Deal ‘Precisely’ Like Goldman’s, Suit Asserts / Politics / Market Manipulation
By: ProPublica
Ryan Knutson writes: As we've been reporting, other banks did deals similar to the one at the center of the SEC's lawsuit against Goldman Sachs.
Read full article... Read full article...
Saturday, April 24, 2010
Financial Markets Computerized Front Running Using High Frequency Trading Programs and Fraud / Politics / Market Manipulation
By: Ellen_Brown
While the SEC is busy investigating Goldman Sachs, it might want to look into another Goldman-dominated fraud: computerized front running using high-frequency trading programs.
Market commentators are fond of talking about “free market capitalism,” but according to Wall Street commentator Max Keiser, it is no more. It has morphed into what his TV co-host Stacy Herbert calls “rigged market capitalism”: all markets today are subject to manipulation for private gain.
Read full article... Read full article...
Thursday, April 22, 2010
Financial Industry Regulatory Authority (FINRA) Conflict of Interest in Market Transactions / Politics / Market Manipulation
By: PhilStockWorld
Ilene writes: FINRA may have potential massive conflicts of interests in its dealing with its internal investment portfolio. A clear example is FINRA’s behavior with its Auction Rate Securities. Evidence suggests FINRA sold its Auction Rate Securities months before the market collapsed. Insider information or really good luck?
Thursday, April 15, 2010
Chinese Currency Manipulation is America’s Fault / Currencies / Market Manipulation
By: Ian_Fletcher
Despite the Obama administration's desperate efforts to keep the issue off the boil, Chinese currency manipulation is back in the news again. Treasury Secretary Timothy Geithner just politely postponed his official report on the question, and Beijing seems to have responded to this courtesy by hinting that it may allow some token appreciation in its currency.
Wednesday, April 14, 2010
Precious Metals Market Manipulation, Grab a Calculator Before the CTFC Investigation / Commodities / Market Manipulation
By: Dr_Jeff_Lewis
As the CTFC begins to investigate claims by a whistle blower that the precious metals markets have been manipulated by several large US banks, investors are left to ponder: “What will happen to silver if manipulation is found?” Can you say, payday?
Read full article... Read full article...
Tuesday, April 13, 2010
Washington Not China Is the Real Currency Manipulator Here / Currencies / Market Manipulation
By: Money_Morning
Keith Fitz-Gerald writes: SHANGHAI, People's Republic of China - China just posted its first monthly trade deficit in nearly six years, a $7.24 billion shortfall for March that essentially torpedoes Washington's argument that the Asian giant is a "currency manipulator" of the worst kind.
Friday, April 09, 2010
Climacteric for The Banking Cartel, Opportunity for Investors / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
The Heat is intensifying on The Cartel*. Exposés of their Market Interventional Regime are increasingly appearing in the Mainstream Financial Media.
Tuesday, April 06, 2010
Metals Market Manipulation Update: Are The Metals markets Rigged? Do Fish Swim?! / Commodities / Market Manipulation
By: Jim_Richter
During the time I have been writing this newsletter, I have frequently mentioned the blatant manipulation of the gold and silver markets. For background on this issue, please see my article in the May, 2009, issue. The manipulation of gold has been accomplished primarily by central banks selling or leasing gold into the markets so as to artificially depress the prices. The bullion banks (e.g., JP Morgan, Goldman Sachs and others) have also helped suppress the prices of gold and silver by selling them short on the commodities exchanges. Read full article... Read full article...
Sunday, April 04, 2010
Financial Manipulation on Wall Street: An Economy run on Smoke and Mirrors / Stock-Markets / Market Manipulation
By: Bob_Chapman
We have an economy run on smoke and mirrors, based on the manipulation of markets. That was accomplished via the executive order signed by President Ronald Reagan in 1988 in the aftermath of the stock market collapse of October 19, 1987, known as the “President’s Working Group on Financial markets.” This order intended to be implemented during emergencies has been used to manipulate markets worldwide 24/7.
Sunday, April 04, 2010
Gold and Silver Price Manipulation, The world Largest Fraud, 5.5 Trillion? / Commodities / Market Manipulation
By: Fresbee
The Gold and Silver Manipulation spanning decades (going back well back into 1980s) has now taken mammoth proportions, one that could bankrupt not just a few banks but entire countries along with their central banks. Prime in this network are the Bank of England and the FED reserve who have been caught on the wrong side.
Thursday, April 01, 2010
Investors Winning The Banking Cartel’s Musical Chairs Game / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
“A major crisis is building in the derivatives market yet a cabal on Wall Street is blocking the formation of a clearing house that could stop the next financial meltdown, a senior official with the Kauffman Foundation said on Tuesday…
The need for disclosure in the swap markets is enormous, yet the will to act is missing because of a small cadre of special interests, said Harold Bradley, who oversees almost $2 billion in assets as chief investment officer at Kauffman…
Read full article... Read full article...
Monday, March 29, 2010
Bernanke Does not Believe in U.S. Phony GDP Economic Growth Data / Economics / Market Manipulation
By: Douglas_French
The revised news from Washington is that the economy grew at a 5.6% rate in the 4th quarter of 2009. The folks who grind the numbers at the Commerce Department credit huge inventory adjustments, robust business investments and recovering consumer spending for the fastest pace of economic growth in six years.
Tuesday, March 16, 2010
Fed Smoke, Mirrors, SDRs and Gold: Why Central Banks Cannot Tell the Truth / Commodities / Market Manipulation
By: Rob_Kirby
In the following article the term Special Drawing Right [SDR] is used frequently. A brief explanation of an SDR is provided below together with its current value [which floats] in U.S. Dollars.
Friday, March 12, 2010
Government Media Complex Manipulated Statistics, The Greatest Show on Earth / Politics / Market Manipulation
By: Andy_Sutton
For many years the title of ‘Greatest Show on Earth’ belonged to Ringling Brothers and its travelling circus. I had the pleasure of seeing the extravaganza for the first time about a year ago and was amazed at the talent of the performers, their skills, and the hours and hours of practice time that went into making everyone sit on the edge of their seats for the better part of two and a half hours.
Friday, March 12, 2010
SULTANS OF SWAP: Smoking Guns & the Sting! / Stock-Markets / Market Manipulation
By: Gordon_T_Long
There are 7 stages to executing a successful sting operation. Whether this is the modus operandi behind the Sultans of Swap operating in the $605 Trillion OTC Derivatives market or just simple coincidence, I will leave it to you shrewd reader to determine. The seven stages do however offer us an instructive theater guide to better understanding these murky instruments called Interest Rate Swaps.
Tuesday, February 16, 2010
Global Financial Dominance and Control, All Roads Lead to Goldman Sachs / Politics / Market Manipulation
By: Rob_Kirby
Once upon a time, Goldman Sachs shunned publicity. During the period from 1930 to 1969, Sydney Weinberg ran Goldman Sachs where he developed a staunch corporate cultural aversion to publicity. During the 1970s, a tandem of John Weinberg and John Whitehead assumed the reigns of leadership at Goldman Sachs. Whitehead left the company in 1984 to enter public life. John Weinberg carried on in the same vein as his father Sydney – shunning publicity – to the point where he hired a man to keep his name and his firm's out of the press.
Tuesday, February 09, 2010
Stock Market Funny Action Friday: What Happened? / Stock-Markets / Market Manipulation
By: Graham_Summers
Many investors have written in asking me what happened on Friday. For those of you who weren’t watching the tape, stocks entered a free fall around 1PM Eastern Time. It looked like we were going to get another massive drop similar to the one that occurred at Thursday’s open.
However, suddenly at 2PM stocks began to stage a sharp reversal with virtually every major US index ramping over 1% in a matter of minutes. Having collapsed for days, stocks actually managed to close Friday at a gain.
Friday, February 05, 2010
Stock Market Manipulation and Gold Trading / Stock-Markets / Market Manipulation
By: Clif_Droke
Our recent commentary on the subject of market manipulation elicited a wide range of feedback, pro and con. Some respondents agreed with my assertion that, assuming the existence of market manipulation, it doesn’t preclude one’s ability to successfully navigate financial markets with a reliable technical discipline. Others expressed the view that manipulation and government/central bank interference in the market make it untenable for small traders to be participants.
Friday, January 29, 2010
Why the Stock Market Has Fallen, Battle of the Titans, JP Morgan Versus Goldman Sachs / Stock-Markets / Market Manipulation
By: Ellen_Brown
We are witnessing an epic battle between two banking giants, JP Morgan Chase (Paul Volcker) and Goldman Sachs (Geithner/Summers/Rubin). Left strewn on the battleground could be your pension fund and 401K.
Friday, January 29, 2010
AIG Secret Deals Conspiracy Starting to Unravel / Politics / Market Manipulation
By: Mike_Shedlock
David Reilly at BusinessWeek takes dead aim at Treasury Secretary Tim Geithner and the New York Fed in Secret Banking Cabal Emerges From AIG Shadows.
Wednesday, January 27, 2010
Barclays Blood Diamond Tells Taxpayers to Go F' Themselves / Politics / Market Manipulation
By: Submissions
Bob Diamond tells CNBC that he does not support or expect any significant regulation of the banking sector including too big to fail banks being broken up or that big is bad.
Tuesday, January 19, 2010
The Secret Formula for This Stock Market Rally / Stock-Markets / Market Manipulation
By: Graham_Summers
I’m about to share with you the basic outlines for this market rally started March 2009. In no way shape or form am I providing official recommendations or investment advice in this post. I am merely pointing out the obvious trends that this rally has followed.
Monday, January 18, 2010
Wall Street’s Power Grab, The Financial Crisis Inquiry Commission Hearings / Politics / Market Manipulation
By: Michael_Hudson
You almost could hear the bankers heave a sigh of relief when Haiti’s earthquake knocked the Financial Crisis Inquiry Commission hearings off the front pages and evening news broadcasts last week. At stake, after all, is Wall Street’s power grab seeking to centralize policy control firmly in its own hands by neutralizing the government’s regulatory agencies. The first day – Wednesday, January 15 – went innocuously enough. Four emperors of finance were called on to voice ceremonial platitudes and pro forma apologies without explaining what they might be apologizing for. Typical was the statement by Goldman Sachs chairman Lloyd C. Blankfein: “Whatever we did, it didn’t work out well. We regret the consequence that people have lost money.”
Friday, January 15, 2010
Alternative Explanation For S&P500 Rally Trim-Tabs Conspiracy Theory / Stock-Markets / Market Manipulation
By: Andrew_Butter
A recent post on Zero Hedge suggested that the “Non-Stop Rally Since March”, could have had a covert helping hand:
Saturday, January 09, 2010
Is the Stock Market Rigged? / Stock-Markets / Market Manipulation
By: Clif_Droke
I received an interesting comment from my previous commentary, “Prospects for Economic Recovery in 2010.” The basis of my claim that 2010 will witness some economic recovery was the “6-9 Month Rule” of Dow Theory fame. Simply stated, this rule says that a 6-to-9 month stock market recovery that follows a market decline and economic recession bodes well for an economic turnaround. Read full article... Read full article...
Sunday, January 03, 2010
Is the Fed Juicing the Stock Market? / Stock-Markets / Market Manipulation
By: Mike_Whitney
Is the Fed manipulating the stock market? TrimTabs CEO Charles Biderman seems to think so, and he makes a strong case for his theory in an article at zerohedge.com.
Biderman focuses his attention on the mystery surrounding the stock market's 9-month rally and asks, "Where is the money coming from?" After all, the market cap has increased by more than $6 trillion since March 9. That amount of money should be fairly easy to trace; right?
Wednesday, December 30, 2009
JP Morgan and Goldman Sachs Trillions Deep In Derivatives or Dumbed-Down Reporting? / Stock-Markets / Market Manipulation
By: Rob_Kirby
On December 29, 2009 The New York Post [josh.kosman@nypost.com] published an article titled, Deep in derivatives, where scribe Josh Kosman ‘took-a-shot’ at explaining the ABSURDITY of the bind boggling derivatives positions amassed by financial behemoths such as J.P. Morgan Chase and Goldman Sachs. In an attempt to explain how dangerously systemically-interconnected derivatives makes ALL banks, Kosman began;
Monday, December 21, 2009
U.S. Government Caught in a Lie on Bogus Jobs Data / Economics / Market Manipulation
By: Captain_Hook
It’s no secret governments and our ruling elite (the bureaucracy) lie for their own benefit, and this has been increasingly prevalent for years now. Perhaps the most well known statistics in this respect center on the Employment Report, viewed as the central economic release of the month by most observers in that employment is seen as the core of the economy. In knowing this, and not forgetting governments lie to us in just about everything, it should be of no surprise then that John Williams of Shadow Government Statistics has been able to make a business out of reporting on irregularities and discrepancies in official statistics, where even though such fraudulent data was sufficient to spark a noticeable sell-off in commodities and precious metals last Friday via bogus jobs numbers, one knows this is more fiction than reality.
Monday, December 14, 2009
How to Profit Goldman Sachs Evil Genius / Companies / Market Manipulation
By: Money_Morning
Jon D. Markman writes: When references are made to the world's "oldest profession," I sometimes wonder if we're not exactly referring to market manipulation. In this country alone, market operators have been employing all sorts of market manipulations for more than 100 years.
What may surprise you is that most of it isn't illegal or even improper; in institutional circles, it's actually viewed as shrewd business.
Friday, December 11, 2009
Are We Heading for a Gigantic Economic Monetary Deflationary Collapse? / Economics / Market Manipulation
By: Robert_Bradshaw
When a top French Bank warns the French people that a gigantic economic/monetary/deflationary collapse could be very close, thinking people must wake up and take notice. This happened on or about Nov 19th in an article by Ambrose Evans-Pritchard from the London Telegraph. I read this prediction with interest from the Society Generale Bank in France. But the importance of this assertion is not only because this bank is near the top in thinking in the European Union, it is most assuredly a leading Rothschild controlled bank with much insider knowledge of what is coming down the pike.
Read full article... Read full article...
Friday, November 27, 2009
The Goldman Sachs Disease Is Spreading, 15 Signs of Metastasization / Stock-Markets / Market Manipulation
By: LewRockwell
In The Battle for the Soul of Capitalism Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction."
Wednesday, November 25, 2009
Crunch Time for the Banking Cartel / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
Who Wins the Great War? - “Just over a year ago, the United States underwent a seemingly radical change, seemingly overnight. Its financial system had been revealed as insolvent under the weight of huge liabilities and worthless assets. The government refused to allow all the bankrupt institutions to fail, and thus permit the market to do its job of purging the rot from the system.
Thursday, November 12, 2009
Mishkin's Bubblenomics and the Crash of 2008 / Economics / Market Manipulation
By: Mike_Whitney
The Fed's monetary stimulus is driving the market higher. What started as a trickle has turned into a torrent buoying stocks and commodities on a river of liquidity. Oil has more than doubled in the last 8 months while stock indexes have gained 50 percent or more in the same period. Even the shunned homebuilders and battered financials have staged a comeback. Meanwhile, consumer credit continues to shrivel and the "real" rate of unemployment climbs inexorably towards 20 percent.
Tuesday, November 10, 2009
Should We Believe the GDP Economic Data? / Economics / Market Manipulation
By: Douglas_French
Third quarter Gross Domestic Product (GDP) figures were announced recently with that index rebounding to reflect that the US economy is growing again at a 3.5 percent rate. The financial talking heads rejoiced and investors continue to power the stock markets higher. Fed Chair Ben Bernanke even predicted that the recession was over when he told the Brookings Institute in mid-September, "From a technical perspective, the recession is very likely over at this point."
Tuesday, November 10, 2009
Why is the Stock Market Rising While Unemployment is Soaring / Stock-Markets / Market Manipulation
By: Washingtons_Blog
Daniel Gross points out that part of the reason that the American stock markets are going up even though unemployment is rising and the real economy suffering is because multinational corporations headquartered in the U.S. are experiencing strong sales abroad:
Monday, November 02, 2009
Government Statistics and Lies / Politics / Market Manipulation
By: Dr_Ron_Paul
There has been a lot of talk in Washington recently about senior citizens, mostly about how various healthcare reform models would help or hurt them. But there is another critical issue that has quietly devastated seniors financially over the last few decades. It concerns how the cost of living is calculated. How does the administration justify not giving a cost of living increase to Social Security recipients this year? According to the official Consumer Price Index calculation, life has gotten cheaper for the first time in decades. If the government can show statistically that the cost of living has gone down, not up, then they can make the case for not giving a cost of living increase to social security recipients. But does this match reality? Using older calculations of CPI, the cost of living has actually increased - by roughly 5%.
Read full article... Read full article...
Sunday, October 25, 2009
Fed Determined to Inflate Another Asset Bubble / Stock-Markets / Market Manipulation
By: Mike_Larson
There goes oil, surging past $80-a-barrel. That’s up 150 percent from the December low, in case you’re keeping score.
Gasoline? Wholesale prices are up more than 40 cents a gallon in just under a month …
Read full article... Read full article...
Tuesday, October 20, 2009
Bernanke Guilty of Coercion and Market Manipulation / Stock-Markets / Market Manipulation
By: Mike_Shedlock
In April Let the Criminal Indictments Begin: Paulson, Bernanke, Lewis I made the case that BAC chairman Lewis was guilty of fraud and Paulson was guilty of coercion in regards to the shotgun wedding between Bank of America and Merrill Lynch.
Monday, October 19, 2009
U.S. Treasury Controlled by Wall Street / Stock-Markets / Market Manipulation
By: Bob_Chapman
Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.
The advisers include Gene Sperling, who last year took in $887,727 from Goldman Sachs and $158,000 for speeches mostly to financial companies, including the firm run by accused Ponzi scheme mastermind R. Allen Stanford. Another top aide, Lee Sachs, reported more than $3 million in salary and partnership income from Mariner Investment Group, a New York hedge fund.
Read full article... Read full article...
Monday, October 19, 2009
WaMu Insider Trading and Naked Short Selling / Companies / Market Manipulation
By: Mike_Stathis
A couple of weeks ago, I wrote a piece discussing allegations of insider trading and illegal naked short selling of Washington Mutual, involving the banking cartel and potentially their hedge fund clients.
In this piece, I provided a link to the SEC complaint I submitted on October 7, 2008.
Read full article... Read full article...
Thursday, October 15, 2009
U.S. Stock Markets Disconnected from Reality / Stock-Markets / Market Manipulation
By: John_Browne
Earlier this year, I predicted that the 2009 rally in U.S. stocks could bring the Dow Jones Index as high as 10,000. It looks like that level has been achieved. If, at this point, the index reverses course, I would have made a fairly good prediction.
Read full article... Read full article...
Saturday, October 03, 2009
How Goldman Sachs Lobbies the Senate / Politics / Market Manipulation
By: Matt_Taibbi
The SEC is holding a public round table Tuesday to explore several issues around securities lending, which has expanded into a big moneymaker for Wall Street firms and pension funds. Regulation hasn’t kept pace, some industry participants contend. Securities lending is central to the practice of short selling, in which investors borrow shares and sell them in a bet that the price will decline. Short sellers later hope to buy back the shares at a lower price and return them to the securities lender, booking a profit. Lending and borrowing also help market makers keep stock trading functioning smoothly.
Thursday, October 01, 2009
The Biggest Banking Heist in World History: Washington Mutual / Companies / Market Manipulation
By: Mike_Stathis
This September 25th 2009 marked the one-year anniversary of Washington Mutual’s seizure, by the Office of Thrift Supervision (supposedly) as a result of insolvency (supposedly).
Last year, on October 7th, I sent the SEC a (rushed) formal complaint highlighting my concerns regarding insider trading and other illegal activities associated with WaMu.
Read full article... Read full article...
Wednesday, September 30, 2009
Gold Market Manipulation Smoking Guns and Monetary Power / Commodities / Market Manipulation
By: Adrian_Ash
"The transcending value seen in the Dollar has lost its foundation..."
A SHORT SERIES of secret memos, published and dissected at ZeroHedge, provide the "smoking gun" of gold-market manipulation. Apparently.
Read full article... Read full article...
Saturday, September 26, 2009
The Federal Reserve Has Attempted to Corner the Credit Market / Interest-Rates / Market Manipulation
By: Submissions
Daniel Aaronson and Lee Markowitz write: During a market corner, a buyer accumulates an asset with the intention of driving the price higher without any regard for its true value. Additionally, the buyer amasses such a large holding that market prices cannot remain elevated without continuous buying. For example, when the Hunt Brothers cornered the silver market, silver rose from $11 per ounce in September 1979 to nearly $50 an ounce in January 1980. Eventually, the Hunt Brothers stopped buying silver as they ran out of capital and the market for silver dried up. As happens with all market corners, when the buyer disappeared from the market, the price of silver spiraled downward. The Federal Reserve, knowingly or not, has cornered the credit market.
Friday, September 25, 2009
Surmounting The Cartels’ ‘End Game’ Juggernaut, An Overview & Update Of Cartel Strategy / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
“The sun is setting on the US dollar as the ultra-loose monetary policy of the US Federal Reserve forces China and the vibrant economies of the emerging world to forge a new global currency order, according to a new report by HSBC.”
Wednesday, September 23, 2009
The Great Fed Financed U.S. Dollar Decline and Stock Market Rally of 2009 / Stock-Markets / Market Manipulation
By: Prof_Rodrigue_Trembl
The liberty of a democracy is not safe if the people tolerate the growth of private power to the point where it becomes stronger than the democratic state itself. That in its essence is fascism — ownership of government by an individual, by a group or any controlling private power." Franklin D. Roosevelt (1882-1945), 32nd and longest-serving US president
Friday, September 18, 2009
Banking Cartels Angst Equals Investor Advantage / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
“Consider the dramatic decline in the value of the dollar since The Fed was established (Ed. 1913). The goods and services you could buy for $1 in 1913 now cost nearly $21. We might say that the government and its banking cartel have together stolen 95 cents of every dollar as they have pursued a relentlessly inflating policy.”- Rep. Ron Paul, American Conservative, October, 2009
Friday, September 11, 2009
Crude Oil Manipulation Reality, Close Look at the Almost Perfect Crime / Commodities / Market Manipulation
By: Rob_Kirby
Some time ago, GATA Secretary / Treasurer Chris Powell gave a speech titled, There are no markets anymore, just interventions. These sage words have stuck in my head. While Mr. Powell was specifically referencing manipulations in the precious metals markets, I am revisiting the concept as it relates to the crude oil market.
Tuesday, September 08, 2009
Taking Down a Nation: Money, Murder and National Sovereignty / Politics / Market Manipulation
By: Nikki_Alexander
If you wanted to destroy the infrastructure that holds our constitutional republic in place, how would you go about that? As with a controlled demolition you would need to dislodge the foundation from the bedrock where it is anchored and weaken the framework that holds the structure together. In practice, you would demolish the laws that support the legal and financial structure. Our constitutional republic would then collapse into its own footprint, meeting no resistance.
Monday, August 31, 2009
The Interest Rate Cosa Nostra / Interest-Rates / Market Manipulation
By: Rob_Kirby
Recently, Bloomberg News reported that a legal brouhaha has developed in Italy surrounding the municipality of Milan entering into a refinancing package, including retiring older existing debt and associated interest rate swaps, with a combination of new bonds and interest rate swap agreements designed to protect Milan against a rise in long-term interest rates, back in 2005. This financing was arranged with a quartet of banks including J.P. Morgan Chase, U.B.S. AG, Deutsche Bank AG and Depfa Bank Plc.
Friday, August 28, 2009
Bernanke's REAL Legacy Helping Goldman Sachs Fleece Us All / Politics / Market Manipulation
By: Graham_Summers
I’ve watched with first amusement, then disgust, and ultimately outrage as various pundits proclaimed Bernanke’s efforts “saved the financial system” or helped the US “weather the storm.” Bernanke did NO such thing. You could train a chimpanzee to hit the “print money” button at the Fed every-time the Fed phone rings with a Wall Street number and get the same results. To date, Bernanke has spent or put the taxpayer on the hook for some $24 TRILLION in bailouts, lending windows, and off balance sheet arrangements.
Read full article... Read full article...
Thursday, August 27, 2009
Stock Market Rally Engineered by the Government / Stock-Markets / Market Manipulation
By: Global_Research
Bob Chapman writes: Since March we have watched a stock market rally borne by low volume and short covering. The gains are reminiscent of the rallies of 1930 and 1932. What you are witnessing is a rally engineered by our government. If you watch the tape and you can read it you can see exactly what they are doing, and how they are doing it. Yes, it is legal under an Executive Order singed by President Ronald Reagan in the aftermath of the October 19th, 1997 collapse of the stock market. It was named the “Working Group on Financial Markets” and was to be used for such emergencies. Unfortunately, like many things in government, the mission of the “Plunge Protection Team” has been distorted. For over the last more than ten years it has been used to manipulate markets 24/7. Thus, what you are witnessing is a sucker rally, which has little hope of lasting.
Wednesday, August 26, 2009
Manipulated Stock Market, Watch the last 30 minutes of Trading / Stock-Markets / Market Manipulation
By: Graham_Summers
Through this year and the last, the last 30 minutes of trading has been a critical point for manipulation. Countless times the market has shown signs of breaking below critical resistance points, only to have stocks rally sharply in the final 30 minutes of trading. Indeed, there were even several days in which stocks actually reversed losses to close at a gain all in the final 10 minutes.
Friday, August 21, 2009
Goldman Sachs Over Regulation Could Lead to Higher Crude Oil and Commodity Prices / Commodities / Market Manipulation
By: Money_Morning
Peter Krauth writes: After earning hefty profits on its commodities trading for nearly 18 years, heavyweight trader Goldman Sachs Group Inc. (NYSE: GS) now finds itself on the hot seat, defending this crucial source of revenue.
And while that may not be good for Goldman, it’s also bad for investors. Let me explain…
Read full article... Read full article...
Friday, August 21, 2009
Watch Your Back on Wall Street, Seriously / Stock-Markets / Market Manipulation
By: DailyWealth
Dr. Steve Sjuggerud writes: I remember my first time "getting used" by Wall Street... It was for 500 bucks. But I was disgusted by it. It was in my own firm!
Here's the story...
Thursday, August 20, 2009
Was the 2008 Financial Collapse An Inside Job? / Politics / Market Manipulation
By: Robert_Singer
Maybe it’s the smoke from Mt. Vesuvius that keeps Arianna Huffington and the financial community from seeing that the economic collapse has nothing to do with the Fed "missing" the warning signs leading up to the October meltdown.
“Things do not happen. Things are made to happen.” John F. Kennedy
Read full article... Read full article...
Saturday, August 15, 2009
Wall Streets Latest Trick To Generate Profits- High Frequency Trading / Stock-Markets / Market Manipulation
By: Money_Morning
Martin Hutchinson writes: Goldman Sachs Group Inc. (NYSE: GS) disclosed recently that it had 46 "$100 million trading days" in the second quarter of 2009. That was a record number, even for one of the biggest players on Wall Street.
Tuesday, August 11, 2009
Controlling the Global Economy: Bilderberg, the Trilateral Commission and the Federal Reserve Part2 / Politics / Market Manipulation
By: Global_Research
Controlling the Global Economy: Bilderberg, the Trilateral Commission and the Federal Reserve Part2
Globalization: A Liberal-Mercantilist Economic Order?
Neo-Liberals Take the Forefront
Read full article... Read full article...
Saturday, August 08, 2009
Mega-Bank Juice Earning Numbers and Cartel Market Manipulations / Companies / Market Manipulation
By: DeepCaster_LLC
“…what's bad for America is good for Goldman Sachs…
Indeed, as one of the biggest primary dealers of US Treasuries, Goldman Sachs has a huge vested interest in the United States digging a deeper and deeper hole…
Read full article... Read full article...
Friday, August 07, 2009
Jobs Report Surprises the Financial Markets Again, Triggering Triple Digit Dow Moves / Stock-Markets / Market Manipulation
By: Sy_Harding
As I have been pointing out for many years, the Labor Department’s monthly jobs report has the record for coming in with a surprise in one direction or the other more often than any other economic report, and therefore produces more immediate triple-digit moves by the Dow in one direction or the other in reaction.
Wednesday, August 05, 2009
Goldman Sachs the Great American Financial Markets Bubble Machine / Stock-Markets / Market Manipulation
By: Global_Research
Matt Taibbi writes: From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again
The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates.
Tuesday, August 04, 2009
Fed Laundering Money through the Big Banks Into the Stock Market / Politics / Market Manipulation
By: Mike_Whitney
Fed Chairman Ben Bernanke is a man who knows how Washington works and uses that knowledge to great effect. His appearances on Capital Hill are always worth watching. He sits politely with his hands folded in front of him playing the bashful professor while one one preening congressman after another makes a fool out of themself. In contrast, Bernanke looks like a modest and thoughtful academic faithfully upholding the public's trust. But things aren't always as they seem. The Fed chief is sticking it to the American people big-time and no one seems to have any idea of what's really going on. Former hedge fund manager Andy Kessler sums it up in a recent Wall Street Journal article, "The Bernanke Market". Here's a clip:
Saturday, August 01, 2009
Manipulated Government GDP Statistics Report is Just Plain Wrong / Stock-Markets / Market Manipulation
By: Dr_Martenson
The GDP report was released Friday (7/31/09) and it was a compendium of incomprehensible and illogical numbers and, worse, it is just plain wrong.
Of course, since so much rides on an accurate assessment of our true economic state of affairs it behooves us to make sense of it as best we can understanding that the GDP report is less than perfect and riddled with difficult-to-rationalize statistical manipulations and quirky additions.
Thursday, July 30, 2009
Economic Statistical Deceptions to Sell U.S. Treasury Bonds / Interest-Rates / Market Manipulation
By: Paul_Craig_Roberts
Last week on NPR a professor in the Sloan School of Management at MIT explained that what is really at stake in the health care bill is the US government’s ability to borrow. In other words, the bill is about cutting health care costs, not about providing hard-pressed Americans with health care.
Thursday, July 23, 2009
Wall Street's Love Affair with Ben Bernanke / Stock-Markets / Market Manipulation
By: Mike_Whitney
A careful reading of Federal Reserve chairman Ben Bernanke's op-ed in Tuesday's Wall Street Journal, shows that Bernanke thinks the economy is in a deflationary spiral that will last for some time.
Wednesday, July 22, 2009
JPMorgan and Goldman Sachs Making Billions in Profits From the Tax Payers / Companies / Market Manipulation
By: LewRockwell
Two important headlines this morning, both of them fraudulent: "Chinese economy bounces back," says one headline in the International Herald Tribune.
"JPMorgan profit soars despite downturn," says another.
Read full article... Read full article...
Monday, July 20, 2009
Goldman Sachs: A Vampire On The Jugular Of America / Companies / Market Manipulation
By: Darryl_R_Schoon
…organized greed always defeats disorganized democracy - Matt Taibbi
In Rolling Stone Magazine, Matt Taibbi wrote what would never be read in The New York Times, The Financial Times, Fortune, Barrons and certainly not in the Washington
Read full article... Read full article...
Friday, July 17, 2009
All Businesses Should Be Lucky Enough To Be Big Banks! / Companies / Market Manipulation
By: Sy_Harding
The half-dozen or so banks that became too big to fail have had it good. They received $billions in taxpayer bailout money and loan guarantees, were hand-fed lucrative deals to take over the choicest parts of less fortunate competitors, were allowed to exchange some of the toxic waste assets on their books with the Fed for Treasury bonds, and have been able to hire the best of the many newly unemployed bankers and traders. Read full article... Read full article...
Friday, July 17, 2009
Surmounting Deception, Distortion & Intervention Thus Protecting Profits & Wealth / Companies / Market Manipulation
By: DeepCaster_LLC
“The Bank (Goldman Sachs – Ed.) has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways.” Joseph Facciponti, Assistant U.S. Attorney, July 4, 2009
The significance of the Assistant U.S. Attorney’s statement at the Bail Hearing for the former Goldman employee, Sergey Aleynikov, who was charged with stealing Goldman Sachs trading software, goes far beyond the issue of the alleged theft.
Read full article... Read full article...
Saturday, July 11, 2009
Cautions for Investors and Traders Regarding Interventions / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
Continues from Part1 - Banking Cartels Engineered Financial Crisis Endgame
We issue a word of caution to our readers. So long as The Cartel is in a very active interventional mode (e.g. as in taking down the price of Gold and Silver) do not be lured into thinking that the periodic up spikes in the prices of Gold and Silver necessarily present a "breakout" or a buying opportunity. As a practical matter, technical breakouts are sometimes a lure designed to suck in more "longs" prior to a subsequent deeper Takedown.
Saturday, July 11, 2009
Banking Cartels Engineered Financial Crisis Endgame / Stock-Markets / Market Manipulation
By: DeepCaster_LLC
“…what is the reason for this “seemingly random monetary mess that multiplies its momentum every day? The answer, in one word, control. The elite/insiders already have control of the financial system, but they wanted more, much more…and it was not random, it was planned.” (emphasis added)
“How will all the above manifest itself in your life? The answer: “All you own will shrink...your income, assets, net worth, will shrink year after year in real terms inflation adjusted and possibly also nominally.” - HS Letter, April 27, 2008.
Read full article... Read full article...
Thursday, July 09, 2009
Pompous Financial Market Prognosticators Revisited / Stock-Markets / Market Manipulation
By: Nick_Barisheff
The experts go into denial as the credit crisis unfolds- In 2001, Colin Seymour published an article entitled 1927-1933 Chart of Pompous Prognosticators. In it, he documented the many Depression-era assurances given by politicians, economists, financial experts and the media to the public, protesting that everything was fine and there was nothing to worry about. Meanwhile, the stock market would decline by 92%, the US dollar would be devalued by 40%, real estate would drop 30% and unemployment would soar to 25%.
Thursday, July 09, 2009
Are Financial Markets being Manipulated by "Rogue Traders"? / Stock-Markets / Market Manipulation
By: Global_Research
Danny Schechter writes: There’s New Evidence to Suggest that Crime In The Financial Markets is Rife.
New York, New York: Everyone has heard of the Wikipedia but not everyone knows about the Investopedia, a Forbes website, that monitors finance for market players. One of the issues it is concerned about is market manipulation, actions by rogue and not so rogue players who, working alone or together, unduly influence the way our supposed “free” markets function.
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Wednesday, July 08, 2009
Why have we Abandoned Free Markets? / Politics / Market Manipulation
By: Michael_Pento
It astonishes me to see how quickly this country has embraced a socialist mentality and how readily it has accepted the belief that the source of our problems was an unfettered free market. Perhaps it is because those in power do not understand what the term free market truly means. If they indeed understood what a free market entails, then it would be impossible for them to lay blame upon it.Read full article... Read full article...
Wednesday, July 08, 2009
Trend Following or Market Trend Manipulation? / Politics / Market Manipulation
By: Andrew_Abraham
Trend following commodity futures trading as well as stock traders were villified last year as speculators. Even George Soros came out with the statement that the rampant rise of crude oil was due to speculators. Trend following commodity trading advisors are speculators but they do not manipulate trends. On of the main principles of trend following is that there is a trend to follow. Commodity traders surely can not start trends. Commodity traders are accused of throwing markets in disorder. As an example in Bloomberg news yesterday it was reported that The Commodity Futures Trading Commission ( CFTC) will announce plans to introduce curbs on speculation of commodities including energy.
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Tuesday, July 07, 2009
CFTC: Corrupt Foxes Tending Chickens / Politics / Market Manipulation
By: Midas_Letter
All the hyperbole in the mainstream media announcing imminent changes by the CFTC (Commodities and Futures Trading Commission) amounts only to so much spin and P.R. There aren’t too many thinking adults involved even peripherally in the global poker game known as the Futures market who still believe the house always wins by dint of natural statistical preference.
Friday, July 03, 2009
Banking Stocks Short Selling Ban Reinstatement SEC Idiocy / Stock-Markets / Market Manipulation
By: Mike_Shedlock
Inquiring minds are reading S.E.C. May Reinstate Rules for Short-Selling Stocks.
Thursday, July 02, 2009
Make Bernie Madoff the Next Fed Chairman / Politics / Market Manipulation
By: LewRockwell
Bill Bonner writes: Poor Bernie. The man has been ordered to spend 150 years in the hoosegow. What for? Who did he kill? A century and a half seems a little excessive for a financial crime. You could hold up three liquor stores and rape a whole convent and still not get 150 years. With a little bit of good lawyer-ing, a history of child abuse in the family, and good behavior in the big house, you’d be back on the street in 18 months.
Wednesday, July 01, 2009
Faber & Greenspan: Shills for Fed Snake Oil on Deflation and Hyperinflation / Stock-Markets / Market Manipulation
By: Adrian_Ash
"Just how can the Fed credibly promise to be irresponsible...?"
HERE'S A THOUGHT – that tiny handful of investors and analysts warning how Fed policy risks hyper-inflation are in fact doing the central bank's work.
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Tuesday, June 30, 2009
Is the U.S. Fed Juicing the Stock Market? / Stock-Markets / Market Manipulation
By: Mike_Whitney
Why has the stock market been on a 3-month tear when the economy is undergoing the worst economic contraction since the Great Depression? The S&P 500 has shot up 40% from its low on March 9 and the Dow Jones Industrials have followed close behind. Is this a typical bear market rally or is the invisible hand of the Fed goosing the markets?
Tuesday, June 30, 2009
Goldman Sachs The Fourth Branch of the U.S. Government / Politics / Market Manipulation
By: Graham_Summers
Quietly and almost unnoticed by most Americans, the US Federal Government introduced a fourth branch to its political structure in 2006. As you know we already had three branches, they are:
Monday, June 29, 2009
CNBC Admits to Manipulated Market that Continues To Be Propped Up By Government Intervention And Manipulation / Stock-Markets / Market Manipulation
By: Nadeem_Walayat
Readers of my articles and those of other authors on this site will have long come to know that CNBC lacks any credibility as it continued to pump out bullish market propaganda in the face of the severest bear market since the 1930's, whilst at the same time engaging in the re-writing of history on the channels past market calls as witnessed numerous times on Jim Cramer's Mad Money Show.
Saturday, June 27, 2009
Fed Market Manipulation, Surmounting The Main Threat To Profits And Protection / Politics / Market Manipulation
By: DeepCaster_LLC
“Some people think that the Federal Reserve Banks are United States Government Institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.” - The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s
Friday, June 26, 2009
The Source of the Current Economic Crisis: "A Chicago State of Mind" / Politics / Market Manipulation
By: Global_Research
Maidhc Ó'Cathail writes: Worried about the global economic crisis? It’s all in your head, says a leading financial expert.
Thursday, June 25, 2009
U.S. Financial System, The Audacity of CHANGE (Part 1) / Stock-Markets / Market Manipulation
By: Mike_Stathis
Ever since (finally) acknowledging the problems within the real estate and banking industries, several historic actions have been taken by Washington, Wall Street, the Federal Reserve and the U.S. Treasury – all in desperation.
Tuesday, June 16, 2009
"Stock Shock" Movie Exposes Wall Sreet Corruption and Inept Regulation / Stock-Markets / Market Manipulation
By: Submissions
“STOCK SHOCK” is the movie sending shock-waves through America’s financial centers, exposing the dark underbelly of America’s worst stock market sharks, laying out the sordid financial schemes that led to America’s economic collapse in early 2009.
Read full article... Read full article...
Monday, June 15, 2009
Manipulated Bond & Stocks Markets / Stock-Markets / Market Manipulation
By: Captain_Hook
As suspected last week, mutual and hedge fund managers could not resist the temptation to push stocks higher in month end window dressing given the opportunity, so they did. And I wouldn’t doubt for a minute the bureaucracy’s price managers were told to make stocks look good at week’s end because of Geithnier’s trip to China, where he is on his first official US paper selling junket. There’s really no other explanation for why stocks mysteriously surged at the close on Friday due to futures buying. (Later Monday we found out it was broker related buying to aid their secondary issues the following week.)
Friday, June 12, 2009
The Bush Doctrine, Economic Warfare and Your Investment Portfolio / Politics / Market Manipulation
By: Rob_Kirby
Let us be clear, that in the aftermath of 9/11, American policy vis-à-vis its relations with the rest of the world changed forever under the aegis of the Bush Doctrine:
Friday, June 12, 2009
How to Forecast Stock and Commodity Asset Prices / Stock-Markets / Market Manipulation
By: Adrian_Ash
Pick a Number...Any Number - "We are entering upon waters for which I have no chart and in which I therefore feel myself an utterly incompetent pilot." – James Warburg of the banking dynasty, resigning as President Roosevelt's monetary advisor, 1933
Friday, May 29, 2009
How Manipulated Financial Markets Really Work / Stock-Markets / Market Manipulation
By: Stephen_Lendman
Wall Street's mantra is that markets move randomly and reflect the collective wisdom of investors. The truth is quite opposite. The government's visible hand and insiders control markets and manipulate them up or down for profit - all of them, including stocks, bonds, commodities and currencies.
Saturday, May 23, 2009
Banking and Finance "Over the Rainbow" Smoke and Mirrors / Stock-Markets / Market Manipulation
By: Stephen_Lendman
This writer just completed a six-part series on Ellen Brown's remarkable 2007 book titled "Web of Debt." This article follows from it by picking up on the theme she struck, using L. Frank Baum's "The Wonderful Wizard of Oz" as a combination parable, monetary allegory, and political manifesto for change at a time it's most needed.
Friday, May 22, 2009
Frauds R' Us: The Scams and Crimes of Wall Street / Politics / Market Manipulation
By: Submissions
Danny Schechter writes: So many of us know in detail about all the false warnings and exaggerated claims that were used to justify the war in Iraq. By now, six years later, and after many books, reports, news stories and films (hopefully including my two books and film, Weapons of Mass Deception), we see the pattern of lies and deception. We realize that a fraud was committed against the American people and see what its consequences have been for the people of this country, Iraq and Afghanistan.
Thursday, May 21, 2009
Banksters Remain Firmly in Charge of the "New" Wall Street / Politics / Market Manipulation
By: LewRockwell
Wall Street wants to regain your trust. Mutual fund managers, stockbrokers, Wall Street executives, and the Securities and Exchange Commission (SEC) want Americans to keep the faith that buying and holding stocks, for the long term, is a key to building personal wealth. This is a tough sell considering Americans have watched their 401(k)s become 201(k)s. Not to worry says the laughable SEC, they’ve got your back covered.
Saturday, May 16, 2009
Global Systemic Financial Crisis Surrealism at the Heart of Stock Market Trends / Stock-Markets / Market Manipulation
By: Global_Research
GEAB writes: The financial surrealism which has been at the heart of stock market trends, financial indicators and political commentaries in the past two months, is in fact the swan song of the referential framework within which the world has lived since 1945.
Wednesday, May 06, 2009
Misleading Jobless Claims Economic Data and Recessions / Economics / Market Manipulation
By: Tim_Iacono
One of the many "green shoots" that has popped up recently for the U.S. economy is the possible peaking of weekly jobless claims, what has been increasingly referred to as a "reliable" indicator for the end of recessions since 1967 when this data was first collected. The chart below, similar to the one published by CR in this item from a couple weeks ago shows the correlation.
Tuesday, May 05, 2009
Are The Financial Markets Addicted to Deception? / Politics / Market Manipulation
By: T_Anthony_Michael
The current self destruction of Crony Cowboy Capitalism has struck a death blow to the Anglo-American Corpocracy. This in turn will result in the long awaited demise of UK-US Imperialism and, ultimately, cause the downfall of the British/American Empire. The consequent deterioration of Civil Society by way of the ongoing financial/economic, political/social and moral/religious bankruptcy will lead to the inevitable collapse and dissolution of Western Civilization as we know it.
Saturday, May 02, 2009
Wall Street Banks Trying to Rig Stress Test Results / Politics / Market Manipulation
By: Global_Research
New York, New York: Dick Durbin knows his way around the Senate. He’s been there a long time, long enough to know how things really work. Over the years, the man from Illinois has come to realize that it’s not the elected officials who are in charge. Last week, he said it was the bankers “who run the place” acknowledging that Senators may be in office, but not necessarily in power.
Thursday, April 30, 2009
Stocks Rise on G20 and FASB Hopes, Can Pigs Really Fly? / Stock-Markets / Market Manipulation
By: Rob_Kirby
The Fed / Treasury first announced that banks would be subject to stress tests back on Feb. 10, 2009. This WSJ account is the earliest mention we’ve been able to find:
Tuesday, April 21, 2009
Citigroup Stock Price Spread Market Manipulation Conspiracy or Free Market? / Companies / Market Manipulation
By: Money_Morning
Keith Fitz-Gerald writes: BEIJING, PEOPLE’S REPUBLIC OF CHINA - From my vantage point here in Beijing this week, I find my mind drifting this morning closer to home and specifically back to Citigroup Inc. (C).
Monday, April 20, 2009
Big Bank Bogus Profits, Massive Public and Investor Deception / Politics / Market Manipulation
By: Money_and_Markets
Martin Weiss writes: A big bank CEO on a mission to deceive the public doesn’t have to tell outright lies. He can con people just as easily by using “perfectly legal” tricks, shams, and accounting ruses.
First, I’ll give you the big-picture facts. Then, I’ll show you how big U.S. banks are painting lipstick on some of the fattest pigs ever raised.
Read full article... Read full article...
Thursday, April 16, 2009
Goldman Sachs Tries to Shut Down Financial Blogger Mike Morgan / Politics / Market Manipulation
By: Mike_Whitney
Mike Morgan is a registered investment adviser and a scrappy shoot-from-the-hip guy who doesn't mince his words. Recently Morgan has come under fire from investment giant Goldman Sachs for his hard-hitting web site "Facts about Goldman Sachs". Read full article... Read full article...
Wednesday, April 08, 2009
Socialism and Wall Streets Quest to Seperate People from their Money / Politics / Market Manipulation
By: Submissions
"History is littered with post-crisis regulations. If there are undue restrictions on the operations of businesses, they may view it to be their job to get around them, and you sow the seeds of the next crisis."
– Liz Ann Sonders, chief investment analyst, CharlesSchwab & Co., a leading US provider of investment services. 1 Read full article... Read full article...
Sunday, April 05, 2009
America's Financial Oligarchy Is Still in Control / Politics / Market Manipulation
By: Lorimer_Wilson
“The crash has laid bare many unpleasant truths about the United States . One of the most alarming is that the finance industry has effectively captured our government”, says Simon Johnson, a chief economist with the International Monetary Fund in 2007 and 2008. In an article entitled “The Quiet Coup” in the May, 2009 issue of the Atlantic magazine he (with James Kwak) goes on to say that “if the IMF's staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform and if we are to prevent a true depression, we're running out of time”. Read full article... Read full article...
Saturday, April 04, 2009
Dow Jones the Manipulated Stock Market Index / Stock-Markets / Market Manipulation
By: John_Mauldin
What About the Original Dow 30 Stocks?
Adding and Subtracting Value
The Original Dow 30 Components
A Few Thoughts from Richard Russell
How to Succeed at Writing
Conversations on Banks
Tonight (Saturday) some 450 people will come together in San Diego to honor Richard Russell, who has been writing the Dow Theory Letter for over 50 years. In that spirit, in today's letter we are going to look deep inside the Dow, back to its very roots. The Dow is a price-weighted index as opposed to a cap-weighted index. Does that make a difference in performance? Specifically, does it affect how the Dow has performed since it was expanded to 30 names in 1928? There are some real surprises we have found, and I think you will find this letter very interesting.
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Monday, March 16, 2009
Who is Really Making Money? Part III / Stock-Markets / Market Manipulation
By: Mike_Stathis
In Part II of this series, I discussed how Don Luskin serves as one of the biggest Wall Street hacks on TV. This is specifically why Larry Kudlow has him on his pro-Wall Street, neo-conservatism show. I demonstrated just how dedicated Luskin is towards this mission by discussing his ever so timely op-ed in the Washington Post. So let me finish where I left off.Read full article... Read full article...
Thursday, March 12, 2009
“Watch TV Make Money” Who is Really Making Money? Part II / Stock-Markets / Market Manipulation
By: Mike_Stathis
Let me continue where I left off from Part I of this series. Kudlow has my book, as does Cramer and hundreds of other useless media clowns and shills. And they've had it for nearly two years, giving them more than ample time to realize what to expect. Yet, they continue to air clowns with terrible track records, whose sole purpose is to fool investors. And when they feel the need to admit problems, they air snake-oil salesmen who have been predicting doom for over a decade. In either case, they don't air credible experts with proven track records. Instead, they interview guys with agendas. Guys who will be preaching doom twenty years from now because that's their marketing pitch. The media also interviews guys in the “club” – guys like Peter Schiff who they know won't say something to draw attention to financial industry executives as the blame for this mess. These are the guys who agree to play by the media's rules in order to protect their agendas. Read full article... Read full article...
Wednesday, March 11, 2009
CNBC Jim Cramer Repetitive Bear Market Bottom Wrong Calls / Stock-Markets / Market Manipulation
By: Nadeem_Walayat
"He Has No Idea, NO IDEA, of how Bad his Market Calls are" - This article continues on from where the last one left off ( Why Watching CNBC Could Destroy Your Portfolio) in the deconstruction of CNBC talking bobble heads repeatedly bullish market calls whilst the stocks bear market continued to rage, that continued to destroy the value of CNBC viewers portfolios. This article focus's CNBC's chief stock picking guru, Jim Cramer's market calls against actual outcomes which will hopefully prevent the further destruction of portfolio values. Read full article... Read full article...
Wednesday, March 04, 2009
The Great American Pump And Dump Fraud / Politics / Market Manipulation
By: David_Haas
Here is a useful definition straight from the Financial Industry Regulatory Authority (FINRA) web page which describes several different types of scams investors need to be wary of. Read full article... Read full article...
Thursday, February 12, 2009
Inflation Statistics Manipulation: The Goldsmiths Part XXIX / Economics / Market Manipulation
By: Robert_Bradshaw
Being an old man, and often living on a small social security check, it was logical that I would take an interest in the US government manipulation of the so-called inflation rate (from the CPI) since it affects the Cost of Living (COLA) payments due social security recipients and most other retirees.Read full article... Read full article...
Tuesday, January 27, 2009
U.S. and China Play Currency Manipulation Chicken Game / Currencies / Market Manipulation
By: Axel_Merk
“China is manipulating its currency,” proclaims incoming Treasury Secretary Geithner. Talking about “manipulation” is helpful only if one's intent is to impress a local and insult a foreign audience. More productive may be plain talk - the U.S. and China could issue a joint statement along the lines of: “China and the U.S. agree that both will act in their respective self-interest in setting exchange rate policy.” Read full article... Read full article...
Tuesday, January 27, 2009
Dow Jones Industrial Averages Index Price Anomaly / Stock-Markets / Market Manipulation
By: David_Urban
Over the last week, a number of articles were written about the distortions in the Dow Jones Industrial Average (DJIA). Because of the collapse of the financial sector the DJIA, a price-weighted index, has become distorted. In a price-weighted index, each stock price is divided by a divisor to determine its price makeup within the index. Normally this is not a major problem but as of the closing bell on Monday, January 26th, four stocks trade below $10 per share and nine stocks trade below $20 per share. This interesting anomaly deserves a closer look.Read full article... Read full article...
Sunday, January 25, 2009
Financial Crisis TARP Bailouts and Dow Jones Index Manipulation / Stock-Markets / Market Manipulation
By: John_Mauldin
- Stocks for the Long Run and Other Myths
- Mister Softee is Only Worth 136 Dow Points
- Nash-Kelvinator, Studebaker, and Other US Giants
- TARP 3 and 4 Are on the Way
What does it mean for Citigroup to be at $3? As it turns out, it distorts the information we think we are getting from the Dow Jones Industrial Index. And more TARP money is surely in our future, and far more than anyone in authority is now suggesting. This week's letter will cover both topics and a little more. I think you will find it interesting.
Read full article... Read full article...
Tuesday, January 13, 2009
Wall Street's Rigged Casino / Stock-Markets / Market Manipulation
By: Jennifer_Barry
Last year was certainly a turbulent one for investors. Not only did good assets and companies sell off with bad, but the very integrity of the U.S. markets was brought into question. Financial firms spend millions of dollars convincing the average citizen that investing in stocks is necessary and prudent, yet the playing field is far from level. Fraud, naked shorting and other forms of manipulation are now endemic to the American markets. As Overstock's lawyer, John O'Quinn points out, “You have more chance to be treated fairly in a casino in Vegas.” How can you invest if you can't trust the system? Read full article... Read full article...
Monday, January 12, 2009
Financial System in Serious Trouble, Investment Gods Are Angry / Stock-Markets / Market Manipulation
By: Steve_Selengut
The Working Capital Model (WCM) is an historically new methodology, but with roots deeply imbedded in the building blocks of capitalism, and financial psychology--- if there actually is such a thing.
The earliest forms of capitalism sprung from ancient Roman mercantilism, which involved the production of goods and their distribution to people or countries around the Mediterranean.
Read full article... Read full article...
Friday, January 09, 2009
Fraudulent Commodity Market Manipulations Vs Money Printing / Commodities / Market Manipulation
By: Rob_Kirby
In Fraud We Trust - Amazing, isn't it, how times have changed? Just [Wed.] this morning, President elect Barack Obama stood before microphones and television cameras and told the world that his administration was set to inherit an annual deficit of 1.2 TRILLION dollars. He went on to add that the fiscal 2009 amount did not even include “his” stimulus plan, rumored to be as much as an additional TRILLION dollars, reportedly geared toward infrastructure spending, would be required to “jump start” the U.S. economy. Read full article... Read full article...
Friday, November 21, 2008
Manipulated Inflation Statistics An Undisclosed Act of Treason / Economics / Market Manipulation
By: Rob_Kirby
For those of you who are unfamiliar with the work of John Williams of Shadow Government Statistics fame; this missive should prove to be quite an eye opener. For those who are familiar with Williams' work – this is nothing more than logical extension[s] and conclusions.
Walter J. "John" Williams was born in 1949. He received an A.B. in Economics, ***** laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth 's Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies.
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Friday, November 07, 2008
J.P. Morgan Loving Their Market Manipulation Handiwork / Stock-Markets / Market Manipulation
By: Rob_Kirby
The following research paper was compiled as the basis for a radio interview with Patrick Timpone at One Radio Network .
Morgan is the quintessential leviathan in the Interest Rate arena through their obscenely sized Medium-Term Interest Rate Swap book which stood at 59 Trillion at June 30, 2008 .
Read full article... Read full article...
Tuesday, November 04, 2008
Greenspan the Maestro vs. the Market / Stock-Markets / Market Manipulation
By: Ayn_Rand
Alex Epstein writes: Alan Greenspan claims that the free market failed to prevent the financial crisis, and that he is “shocked” that his professed “free-market ideology” turned out to contain a “flaw.”
But why should we take him seriously? Greenspan, while once associated with laissez-faire philosopher Ayn Rand, hasn't advocated genuinely free markets for decades. Remember, this is a man who for two decades reveled in being, as the New York Times put it, “the infallible maestro of the financial system.”
Read full article... Read full article...
Friday, October 31, 2008
Hedge Fund Managers in Tears as Volkswagen Triggers Short-Squeeze / Companies / Market Manipulation
By: Adrian_Ash
"I have hedge fund managers literally in tears on the phone..." – a London broker, quoted this week
ODD THINGS were happening to the price of Volkswagen – the world's third-largest auto-maker – long before it leapt 187% higher inside two days at the end of October. For a brief moment, and amid the worst-ever stock market rout in history, VW became the planet's most highly-valued corporation bar none at the end of October.
Read full article... Read full article...
Thursday, October 30, 2008
Comex Gold and Silver Markets Hurtling Towards Default / Commodities / Market Manipulation
By: Jim_Willie_CB
The COMEX gold & silver markets are each hurtling down a dangerous path toward default. The artificial paper price has created enormous physical demand, and hampered supply production, if not delivery. The gap between the JPMorgan-led corrupted phony paper price and the legitimate physical price in actual trading markets has grown sharply, enough to force a breakdown like in any distorted market. When December contracts in gold & silver are demanded to be satisfied via delivery of the metal, it will be clear that the COMEX is running a scam. A default is highly likely. Of course, they can continue to deny contract holders the right to benefit from delivery, as they have been doing for months to ‘Non-Economic Customers' but soon the ‘Commercial Customers' will be defrauded. Arrests are warranted. We will see how this corruption unfolds. Read full article... Read full article...
Thursday, October 23, 2008
Gold Market Dis-Information Specialists Ply Their Trade / Commodities / Market Manipulation
By: Rob_Kirby
Tim Gardiner, president and CEO, Mitsui & Co. Precious Metals Inc. appeared on Canada's Business News Network [BNN] and – in a ridiculous attempt to explain the recent demolishing of the gold price - made the claim that demand for gold was down and, “the only reason for physical shortages of gold products at retail was ‘logistical' and due to a shortage of ‘blanks' from which the coins are stamped”. Read full article... Read full article...
Friday, October 10, 2008
Gold Price Manipulation- Bear Stearns Murdered at the Golden Gates / Commodities / Market Manipulation
By: Rob_Kirby
Much has already been written about the untimely demise of investment bank Bear Stearns. Most, if not all, that has been written to date – deals with issues related to equities / expiring options – or the share price.
Recently, new information has come to light which allows us to forensically examine the demise of Bear Stearns from a completely different angle – GOLD .
Read full article... Read full article...
Friday, October 03, 2008
Manipulation of Gold and Commodity Prices to Prevent Inflation and Higher Interest Rates / Commodities / Market Manipulation
By: Rob_Kirby
The Invisible Hand and
the Pox Known as Usury - First, from Wikipedia, a little background on usury :
Usury (pronounced /ˈjuːʒəri/ , comes from the Medieval Latin usuria , "interest" or "excessive interest", from the Latin usura "interest") originally meant the charging of interest on loans. After countries legislated to limit the rate of interest on loans, usury came to mean the interest above the lawful rate. In common usage today, the word means the charging of unreasonable or relatively high rates of interest…..
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Friday, October 03, 2008
Time for Investors to Panic! SEC Abandons Sound Accounting Practices / Stock-Markets / Market Manipulation
By: Andrew_Butter
The SEC about-face on Mark to Market…the lunacy continues. This means it's time to run away.
I was not the only one who has been saying that the accountancy rules that mandated Mark to Market valuation of assets caused the Credit Crisis. And that this was making things worse.
Read full article... Read full article...
Tuesday, September 30, 2008
The Pre-Planned Financial / Economic 9-11 of 2008? / Politics / Market Manipulation
By: T_Anthony_Michael
WHAT: A pre-planned collapse of the US (and global) financial and economic systems.
WHO: The same characters who perpetrated the original 911.
Read full article... Read full article...
Saturday, September 20, 2008
The Markets and Government Manipulation / Stock-Markets / Market Manipulation
By: Submissions
Walter J. Burien writes: Let's Talk
Many people over the years have commented to me per the markets: "This is going to definitely happen" and then: " This is unbelievable that this has happened" as they watched their account balances flush down the toilet.
Read full article... Read full article...
Thursday, September 04, 2008
Systemic Distrust and GATA Gold Conspiracy Hype / Commodities / Market Manipulation
By: Mike_Shedlock
Following is a well written email from "CP" on reasons why someone might be inclined to believe in various conspiracy theories. Let's take a look at what "CP" has to say. From CP:
I always enjoy your writing and am a subscriber to someone I know you respect, and that is Steve Saville. He too does not see any collusion in the markets.
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Sunday, August 31, 2008
Fed Imposes Financial Sector Imperialism over US Economy / Stock-Markets / Market Manipulation
By: Mike_Whitney
Michael Hudson: "Greenspan saw his job as a cheerleader for people who were able to get rich fast; sort of like a pilot fish for sharks" Mike Whitney Interviews Michael Hudson
1 Mike Whitney: The United States current account deficit is roughly $700 billion. That is enough "borrowed" capital to pay the yearly $120 billion cost of the war in Iraq, the entire $450 billion Pentagon budget, and Bush's tax cuts for the rich. Why does the rest of the world keep financing America's militarism via the current account deficit or is it just the unavoidable consequence of currency deregulation, "dollar hegemony" and globalization?
Read full article... Read full article...
Friday, August 29, 2008
Psychology of Financial Markets Conspiracy Theories / Stock-Markets / Market Manipulation
By: Mike_Shedlock
In recent posts I have taken a look at various conspiracy theories on the rise of the dollar, the shortage of silver, and the manipulation of gold. Here is a synopsis. (Warning, some of these are very lengthy) I discussed US dollar manipulation claims in
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Thursday, August 28, 2008
Financial Markets Subterfuge Illusion and The Art Of Misdirection / Stock-Markets / Market Manipulation
By: Captain_Hook
Subterfuge, illusion, and misdirection – this is what the bureaucracy perpetuates on the public every day. Please look over here at the giveaways and presents we have for you while we continue to defraud your children out of a future – all for the greater good you know. Not surprisingly then, the net result of all this is an increasingly debased society, which accounts for our willingness to allow the same for the currency. Quite literally, one couldn't make this stuff up if you tried, such supposedly wealthy and educated people willing to give up their liberties so easily, but at the same time this has all happened before (think Rome – Bread And Circuses), just not on this scale. And nobody wants to touch the subject matter because it's just that ugly, a dark reflection on what we have become. A society of gamblers and drug addicts who need a variety of fix every day just to get by. Read full article... Read full article...
Thursday, August 14, 2008
US Deceptive Q2 GDP Based on Fraudulent Price Deflator / Economics / Market Manipulation
By: Jim_Willie_CB
It is hard to find much positive regarding the gold trade lately. The attacks have been multi-faceted during the weak late summer season. So resort to something of value: THE TRUTH. As Ralph Waldo Emerson once said, “The greatest homage one can pay to the truth is to tell it.” When the US financial lattice work was showing clear signals of near total destruction, if not simple decimation, when USGovt bailouts seemed certain to cost in the trillion$ from mortgage agency rescues and FHA mortgage loan mulligans (second chance shot in golf), when US banks seemed caught in a race to raise more cash for equity from friendly foreign fools who fail to read the news, when the USEconomic recession has been turning broad and deep, when General Motors and Ford seem caught managing their death process toward a certain bankruptcy, THE USGOVT NEEDED A REALLY GOOD LIE FROM WHICH TO BUILD A DOLLAR BOUNCE. Read full article... Read full article...
Monday, August 04, 2008
How Washington is Fooling You: Manipulated Employment Data / Economics / Market Manipulation
By: Mike_Stathis
Shell Game - The government and related agencies are responsible for reporting the nation's economic data. Thus, they're in the driver's seat to manipulate this data, while dumping so much of it onto consumers that they can't possibly analyze what's really going on. Each day, “critical” economic numbers are released by one or more agencies connected to Washington . And consumers look to Wall Street and the media to make heads or tails of this data. Of course, Wall Street is always going to paint a rosier picture for its own benefit. Meanwhile, the mainstream media merely serves as a puppet for Wall Street. Read full article... Read full article...
Wednesday, July 30, 2008
Washington Manipulation of GDP Data to Hide Recessions / Economics / Market Manipulation
By: Mike_Stathis
I continue where I left off – discussing just a few of the ways Washington tries to fool us by its misuse and manipulation of data. Washington likes to remind critics that Americans enjoy the highest living standard in the world. As evidence of this, government “experts” discuss statistics such as GDP growth, employment, wealth, income and wage growth, and other economic data without defining exactly what they are referring to or explaining all the assumptions used. In Part 1 of this series, we saw how hedonics can alter GDP and inflation data. Here we look at some additional problems with GDP. After you read this piece, I hope you will agree that the misuse of GDP data as an indicator of economic strength has been one of the biggest errors made in the field of U.S. economics. Read full article... Read full article...
Tuesday, July 29, 2008
Dark Investment Pools May Render Traditional Market Analysis Ineffective / Companies / Market Manipulation
By: Money_Morning
Keith Fitz-Gerald writes:"Why don't my traditional analytics work as well anymore?"
It's a question I get a lot. But chances are, it's not your analytics that have broken down. It's your execution that's not keeping up.
Read full article... Read full article...
Tuesday, July 15, 2008
Silver Futures Market Exchange Rules Under an Emergency / Commodities / Market Manipulation
By: David_Morgan
In last week's column I presented some fallacies that pertain to the silver market. The feedback I received was mixed; most was positive but some was negative, proclaiming that I was implying the "shorts" could not lose and investing in silver was almost hopeless.
This is not my studied position at all. In fact it has been my conviction from the time I began writing about the silver market that silver is one of the best investments to be made, from the year 2000 to present, and I still maintain that the physical silver and gold markets are the foundational investments that must be owned by any serious precious metals investor.
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Tuesday, July 15, 2008
Paulson and Bernanke Bailout Friends on Wall Street, a Disaster for US Tax Payers / Stock-Markets / Market Manipulation
By: Money_Morning
Jason Simpkins writes: Standing on the steps of the U.S. Treasury building across the street from the White House, Treasury Secretary Henry Paulson asked Congress for the power to prop up Fannie Mae ( FNM ) and Freddie Mac ( FRE ), the two failing mortgage giants involved with nearly half of the $12 trillion U.S. mortgage market.
"The president has asked me to work with Congress to act on this plan immediately," Paulson said Sunday. "Fannie Mae and Freddie Mac play a central role in our housing finance system and must continue to do so in their current form as shareholder-owned companies. Their support for the housing market is particularly important as we work through the current housing correction."
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Thursday, July 10, 2008
Are Dark Pools Destined to be the Next Financial Black Hole? / Stock-Markets / Market Manipulation
By: Keith_Fitz-Gerald
We can almost hear that ominous " Jaws " theme music in the background and can see that huge dorsal fin as it slices threateningly through the water - knowing full well that the real terror is hidden beneath the water's surface.
But this time around, it's not a "Great White" that's sparking our fears; it's a well-capitalized and broadly based series of secret stock exchanges known as " Dark Pools of Liquidity ," "Dark Liquidity," or just "Dark Pools."
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Monday, June 30, 2008
Financial Authorities Acting Above The Law / Commodities / Market Manipulation
By: Captain_Hook
Above the law – that's where financial authorities, politicos, and bureaucrats think they are – a farce justified on the premise extreme times justify extreme measures. Moreover, they routinely lie and cheat the public out their savings to protect their own positions, as opposed to living up to oath's of office and serving the public's interest. Some may say this has always been true, and perhaps this is the case, even within our modern era of globalization, technological advancement, and modern society. And if you so take a close look at it, things have been getting worse in this respect since Nixon dropped the Gold Standard in 1971, along with a loss of freedom and liberties. Read full article... Read full article...
Monday, June 23, 2008
Quarterly Window Dressing- A Recurrent Wall Street Scam / Portfolio / Market Manipulation
By: Steve_Selengut
"The time has come the walrus said, to talk of many things": Of corrections--portfolios--- and window dressing--- of market cycles--- wizards--- and reality.Quarterly portfolio window dressing is one of many immortal Jaberwock-like creatures that roam the granite canyons of the Manhattan triangle, sending inappropriate signals to unwary investors and media spokespersons. Many of you, like the unsuspecting young oysters in the Lewis Carroll classic, are responding to the daily news nonsense with fear instead of embracing the new opportunities that are surely right there, cloaked, just beyond your short-term vision field.
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Wednesday, June 04, 2008
Why Mark-to-Market is Bad News for Shareholders / Companies / Market Manipulation
By: Martin_Hutchinson
“When I use a word” said Humpty Dumpty in Lewis Carroll's “ Through the Looking-Glass ,” “it means just what I choose it to mean, neither more nor less.”
It has always been the ambition of Wall Street to bring its financial statements under a similar type of discipline. And if the The Institute for International Finance Inc.'s new proposal on “mark-to-market” accounting is implemented, Wall Street will have achieved this objective.
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Wednesday, June 04, 2008
The Real US Economic Misery Index / Politics / Market Manipulation
By: Money_and_Markets
Nilus Mattive writes: Santa Barbara is hardly the picture of poverty. Oprah's mansion is there, and the city's median house is worth a cool million. Heck, I proposed to my wife there — we ate some tremendous sushi on State Street and relished in the city's upscale vibe.
So imagine my surprise when I learned that 12 of Santa Barbara's parking lots have recently been converted into nightly homeless shelters!
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Thursday, May 29, 2008
Manipulated Economic Statistics and the Battle for Citizenry Perceptions / Economics / Market Manipulation
By: John_Browne
With consumer confidence now testing generational lows, our politicians are never the less continuously assuring us that the economy is strong, and that there is no cause for worry.
Although it is standard procedure for governments to soothe their citizenry with placebo politics in order to avoid panic and uprising, there is a line after which such a campaign is counterproductive. In fact, misleading statements about financial security are potentially dangerous to the country's long term economic well being, and potentially toxic to investors.
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Monday, May 19, 2008
Central Bankers Art of Misdirection / Commodities / Market Manipulation
By: Captain_Hook
Central planers and Wall Street prestidigitators are getting better at having people concentrate on the wrong things at the wrong times in my opinion. In terms of present circumstances are concerned, we are referring to their ability to have the street focused on a manufactured rally in the dollar ($), while the effects of their previous inflation efforts run rampant throughout commodity markets, all the while having no material impact on improving the credit crisis, which is of course justification for printing the copious amounts of fiat currency they enjoy so much. What's worse, this latest round of misdirection, a technique used by magicians in case you are unaware, will likely only make the effects of rapid monetary inflation worse over time as more will be needed, despite present claims that the worst of the crisis is over , and that it's onward and upwards from here. Read full article... Read full article...
Friday, April 25, 2008
Government Intervention Distorts Market Prices and Results in Inflation / Interest-Rates / Market Manipulation
By: Peter_Schiff
Those unfamiliar with marketplace dynamics may not recognize how government activity has created price distortions across our economy. But when these chains fail to restrain the market, the underlying forces become easier to see.
Much as government mandated easy credit propelled home prices to bubble levels, similar forces pushed college tuitions up to the stratosphere. Both systems are currently breaking down along similar lines.
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Wednesday, April 16, 2008
Protect Your Wealth from Wall Street Liars / Stock-Markets / Market Manipulation
By: Jim_Willie_CB
Few seem to remember that Wall Street is not a non-profit community driven by altruism or any sense of service. They would gladly cheat you out of your entire life savings if their actions were legal, or at least not prosecuted. In the last two to three years, the lies, deception, misdirection, false reporting, corruption, and grand fraud will be the topic of historical accounts for decades. When returning on my flights from another successful Cambridge House gold conference, this in Calgary Alberta , many thoughts came to mind, jotted down while gazing at the natural beauty made up from cloud blankets with a sun guarding its lot. The sun and clouds care not at all about economic landscapes underneath, even if in turmoil. Whenever travels take me across national borders, nationalism, idealism, culture, and dreams come to mind. It seems pursuit of truth, clarity, and integrity has become negotiable, one and all in the United States . Its people are being stripped of so much. Perhaps this layout will be helpful. Routinely such matters are covered in the Hat Trick Letter reports. Gold & silver continue to do well to protect individuals and their wealth. Banks are no longer safe, an astonishing conclusion. Bonds are not safe, and neither are money market funds!!!Read full article... Read full article...
Monday, April 14, 2008
Greenspan- He Did It His Way (Unfortunately) / Interest-Rates / Market Manipulation
By: Brady_Willett
Greenspan did another media tour last week, this time defending his legacy in the Financial Times , Wall Street Journal , and on CNBC Television . Unfortunately the story from Greenspan was much the same: he reiterated that the financial markets are best left to self-regulate, and that investors around the world (not the Fed) took control of long-term interest rates thus leading to the U.S. housing bubble. Astonishingly, Greenspan added, “I have no regrets on any of the Federal Reserve policies that we initiated back then…' and ‘I don't remember a case when the process by which the decision making at the Federal Reserve failed.' Read full article... Read full article...
Thursday, April 10, 2008
Economic Data and Statistics- Distortions, Deceptions and Outright Lies / Economics / Market Manipulation
By: Money_and_Markets
Martin Weiss writes: Beware.
The greatest threat to your financial future is not the danger you see or the beast you know. It stems from all those realities that you don't see or don't know.
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Friday, April 04, 2008
US Government Assault on the Free Markets / Stock-Markets / Market Manipulation
By: Peter_Schiff
Those blindsided by the recent financial meltdown are now loudly blaming the free market for its failure to police its own excesses, and are calling for greater regulation to prevent future disasters. But for those who clearly observed the problems developing (in high definition slow motion) the blame can be directed squarely at the policies of the Greenspan/Bernanke Federal Reserve. As has been the case countless times in history, the free market will now pay the price for government incompetence. Read full article... Read full article...
Wednesday, April 02, 2008
Paulson's Civic Robbery To Finance Hyper Inflation / Economics / Market Manipulation
By: John_Browne
Monday, Treasury Secretary Hank Paulson announced the laying of the government's foundation stone for the next big financial bubble, heralding an era of hyperinflation and probable further runs on the U.S. dollar.
Of course, like most politics, there is usually a ‘good' reason and a ‘real' reason for actions. Today's announcement was no exception.
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Tuesday, March 04, 2008
Financial Markets Investing- Exploring All The Possibilities / Stock-Markets / Market Manipulation
By: Captain_Hook
These are definitely interesting times we live in, and the markets are also in this category from a predictive standpoint. Many are now dependent on the stock market's performance, so the stakes are high on numerous fronts. And for this reason you not only have participants remaining invested far past what would have historically been viewed as ‘prudent', but master planners in our society feel justified in arriving at a desired outcome no matter the means. This of course often involves market manipulation in addition to a regular priming of the pump by influencing prices in the futures markets, which extends from currencies to foreign stock markets.Read full article... Read full article...
Tuesday, February 19, 2008
IMF Selling 400 Tonnes of Mexican and Brazilian Gold as its Own! / Commodities / Market Manipulation
By: Julian_DW_Phillips
There has been a lot of talk of late of potential sales of I.M.F. gold. The more we look at the subject, contrary to our previous view, the more likey it seems possible [not yet probable], but if it does happen, it will not happen again thereafter for solid reasons. If the sales do take place they will happen from September 2008 onwards.
It will still have to get past the U.S. Congress a most formidable and possibly insurmountable obstacle.
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Tuesday, February 05, 2008
America and the Myth of Free Markets / Stock-Markets / Market Manipulation
By: Darryl_R_Schoon
Who's Been Goosing Goldilocks ?- The power of myth is extraordinary. Correctly applied, the ignorant will believe themselves enlightened and slaves will believe themselves free.
When credit markets began to unravel in the summer of 2007, central bankers and economists were surprised. In retrospect, they should not have been. Warnings of a speculative bubble were issued as soon as cheap credit began distorting housing prices in 2003. Denial, however, always trumps reason in the presence of profits—or ulterior motive in the case of Greenspan.
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Saturday, January 26, 2008
Fed Duped by Rogue Trader and the Destruction of Bond Insurers / Stock-Markets / Market Manipulation
By: John_Mauldin
- What Does the Fed Really Know?
- Fed's Folly: Fooled by Flawed Futures?
- Brother, Can You Spare a Billion?
- $5 Billion a Quarter
- Planes, Trains, and Santa Barbara
- And Charlie Wilson's War
It had been my original intention to devote this week's letter to the view from Europe, as I have been here for the last week, but events have changed that goal. The Federal Reserve made a very rare inter-meeting rate cut of 75 basis points this week, after the worldwide markets were in turmoil. Many pundits suggest the Fed was responding to the worldwide collapse in stock prices. This week we examine that suggestion, and I will offer an alternative explanation. I am beginning this letter in a London subway train. Quickly, the consensus wherever I go seems to be that Europe and the United Kingdom are also headed into recession. There is a lot of interesting ground to cover, so let's get started.
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Friday, January 25, 2008
The US Fed, Societe Generale Rogue Trader, William Poole, and Black Swans / Stock-Markets / Market Manipulation
By: David_Urban
On Tuesday morning, the Federal Reserve cut interest rates by 75 basis points in response to a worldwide selloff. The selloff started on mounting fears that the United States has fallen into a recession. The mass fear became so great that the Federal Reserve felt compelled to act before next week's meeting in an attempt to restore confidence in the markets. In the press release, one governor, William Poole from the Federal Reserve Bank of St. Louis voted against a move before next week's meeting. While his actions may leave some people scratching their heads, one needs to go to the website ( http://stlouisfed.org/default.cfm ), note the commentary on the left side of the page, and read the following speech ( http://stlouisfed.org/publications/re/2008/a/pages/inflation.html ).Read full article... Read full article...
Wednesday, January 23, 2008
Greenspan's Grand Design To Serve the Money Trust - Financial Tsunami Part III / Stock-Markets / Market Manipulation
By: F_William_Engdahl
The Long-Term Greenspan Agenda
Seven years of Volcker monetary “shock therapy” had ignited a payments crisis across the Third World . Billions of dollars in recycled petrodollar debts loaned by major New York and London banks to finance oil imports after the oil price rises of the 1970's, suddenly became non-payable.
The stage was now set for the next phase in the Rockefeller financial deregulation agenda. It was to come in the form of a revolution in the very nature of what would be considered money—the Greenspan “New Finance” Revolution.
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Thursday, January 17, 2008
Casino Royale Investment Markets - The House Always Wins? / Stock-Markets / Market Manipulation
By: Brian_Bloom
Let there be no misunderstanding. The “investment” markets across the globe have become like casinos and, in trying to make a buck in any of these markets, you are betting against the house. If you want commodity prices in general to rise, and the gold price in particular to rise, you can be sure that the house wants these prices to fall. If you want the price of industrial equities to fall, you can be sure that the house wants them to rise. Who will pocket the most winnings in this monstrous game of roulette? Read full article... Read full article...
Friday, December 21, 2007
Greed, Fear and Market Manipulation as Wall Street Bonuses Rise / Stock-Markets / Market Manipulation
By: Andy_Sutton
Lessons of 2007 - Yesterday I had the opportunity to take a rather remarkable group of young people to a regional business competition. This was an actual competition, not one of these contrived events where everyone wins and hand wringing is out in full force. All in all, the group did rather well with one student winning her category, and two others placing 4th in a team event. For a group of 8 I was rather pleased. I also came to see the full scope of human emotion that ensued in the hours after the competition. The rest of us should be so lucky to have the life experience that transpired yesterday although I didn't realize it myself until those early hours of the morning when the world is silent and still and permits us time for reflection.Read full article... Read full article...
Thursday, December 13, 2007
Feds Actions Delaying Stock Market Downtrend / Stock-Markets / Market Manipulation
By: Brian_Bloom
Technically, the Fed's actions are still not driving the market to the upside. The best that could be claimed is the downside is being delayed.Read full article... Read full article...
Wednesday, December 12, 2007
Stock Market Index Ramped Higher by Vested Interests Pre Fed Rate Cut / Stock-Markets / Market Manipulation
By: Brian_Bloom
The chart below provides evidence that the industrial equity market was “ramped” by vested interests in anticipation of the Fed rate decision.
Note how, following the Fed decision, the Dow Jones fell back below the intersection of the two trendlines – which is roughly where the technical resistance was before it was ramped.
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Saturday, December 08, 2007
Wall Street Ponzi Scheme - Confidence, Perception and the Ideal Investment Solution / Stock-Markets / Market Manipulation
By: David_Morgan
My struggle in this ponzi scheme of Wall Street Finance goes much deeper. I ultimately ask myself where is this all headed. I could write a book on the daily manipulations and tactics that are used to keep this game going. But I want to take this into another direction. One of the reasons to invest to precious metals centers on the actions and thoughts of the so-called men in charge of the USA. I believe there is an elite class that really pulls the levers of this country, and the politicians are simply the tools, which they use as cover. I do not want to sound like an alarmist or a conspiracist. I want you to judge the facts and make your own decision.Read full article... Read full article...
Wednesday, December 05, 2007
Warning - Don't Bet Against the Dow Jones Stock Market Index's Growth Spiral / Stock-Markets / Market Manipulation
By: Nadeem_Walayat
Investors should realise one important factor about the Dow 30 stock market index and other similar general multi-sector indices that are made up of a limited number of stocks. The Indices are designed to exhibit the long-term inflationary growth spirals. In that in the long-run the indices will always move to a new high! Read full article... Read full article...
Monday, December 03, 2007
Goldman Sachs Recommendation to Sell Gold Based on Self-interest? / Commodities / Market Manipulation
By: Gold_Investments
GoldGold was down $12.10 to $783.10 per ounce in New York on Friday and silver was down 25 cents to $13.98 per ounce. Gold showed strength in early trading in Asia and rallied to $792 but in early European trading it has given up these gains and has traded back down to $783.50 per ounce at 1200 GMT. Gold is trading at £379 GBP (down from £385) and €534 EUR (down from €540).
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Saturday, November 24, 2007
Drop In US Long Term Interest Rates Manipulated By Fed Open Market Operations / Interest-Rates / Market Manipulation
By: Alex_Wallenwein
Straight from the Horse's, Uhh ... Mouth Ben Bernanke told us five years ago he would inflate to no end. Now he's making good on his word.
Ever wondered why long term interest rates are so conveniently falling in sync with the official need to avoid troubled-loan ARMs to reset significantly higher in early 2008?
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Monday, November 05, 2007
Attempt at Manipulation of Ratings Agencies - Rubins Cube / Companies / Market Manipulation
By: Brady_Willett
On November 8, 2001 Robert Rubin called senior Treasury Department official Peter Fisher and asked him if he could tell the bond rating agencies to hold off on downgrading Enron. Mr. Rubin, who served as Treasury Secretary from 1995 to 1999, was clearly using his high-up contact(s) in an attempt to influence the supposedly non-biased rating agencies, and he was doing so because he worked for Citigroup, a large Enron creditor. Read full article... Read full article...
Thursday, November 01, 2007
Goldman Sachs Manipulation of Commodity Prices - Gasoline and Crude Oil / Commodities / Market Manipulation
By: Jim_Willie_CB
It is still open season on Goldman Sachs. Ditto for JP Morgan and the clique of Wall Street firms, who enjoy untold tremendous privilege. Well, Goldman is at it again, playing games, abusing their role, and making money, all legally. One should say, rather, all without prosecution. One puts life and career at risk when revealing the hidden actions of the military and security organizations running in this land. However, taking aim at the Wall Street bank sector parasites is deemed a harmless exercise, regarded much the same as a fly or mosquito flirting around the USGovt torso. The ugliest example of illicit publicly noticed activity by Goldman Sachs in my opinion was the late summer 2006 change to the GS Commodity Index. They lowered the unleaded gasoline weight from 9% to 2%, forcing the sale of $7 billion in gasoline contracts. Nevermind motive, focus on execution. With $100 billion in indexed funds invested in the GSCI, Goldman knew what would happen. Gasoline fell sharply in price. GSax profited heavily, all legal, not even a prosecutable violation. Read full article... Read full article...
Monday, August 27, 2007
Market Efficiency Hokum / Stock-Markets / Market Manipulation
By: Stephen_Lendman
You know the story triumphantly heard in the West. Markets work best when governments let them operate freely - unconstrained by rules, regulations and taxes about which noted economist Milton Friedman once said in an interview he was "in favor of cutting....under any circumstances and for any excuse, for any reason, whenever it's possible (because) the big problem is not taxes (but government) spending.Read full article... Read full article...
Monday, August 27, 2007
ScotiaBank & Silver: Ted Butler's Call To Action / Commodities / Market Manipulation
By: Ed_Steer
On August 21, 2007, silver analyst Ted Butler came out with one of his most important commentaries to date. I urge you to take the time to read it from one end to the other. Here's the GATA dispatch on Butler's essay ...Read full article... Read full article...
Thursday, August 09, 2007
The “Plunge Protection Team” Working Overtime to Save US Stock Market / Stock-Markets / Market Manipulation
By: Gary_Dorsch
“Imagination is more important than knowledge”, the brilliant Albert Einstein used to say. Imagine for just a moment, that the Dow Jones Industrials has become a key instrument of national economic policy, and that by “actively managing” its direction, the government could impact the wealth of tens of millions of US households, and by extension, influence consumer confidence and spending.
Since the appointment of Henry Paulson to the helm at the US Treasury, the US stock market has always found a way to defy the law of gravity. During Paulson's short reign, the Dow Jones Industrials (DJI-30) broke an 80-year old record for the longest streak of gains with only three declining days in between. During the first seven months of his tenure, the S&P 500 did not decline by 2%, the second longest-period without a 2% correction since 1964.
The market savvy Treasury chief, who built a $730 million fortune at Goldman Sachs, is also the chairman of the Working Group on Financial Markets, commonly known as the Plunge Protection Team (PPT), created by Ronald Reagan to prevent a repeat of the Wall Street meltdown in October 1987. The PPT is empowered to intervene in stock index futures and the foreign currency markets in the event of a crash.
Friday, June 29, 2007
JP Morgan Derivatives Book and Manipulation of the Dow Theory Bullish Picture / Stock-Markets / Market Manipulation
By: Brian_Bloom
The two charts of JP Morgan below show an anomaly which is potentially disturbing in context of other patterns.
The reason I honed in on these charts flows from the discussion regarding Bear Stearns that has emerged over the past week – regarding their packaging of Mortgage Backed Securities and Collateralised Debt Obligations. A discussion on this phenomenon can be found at http://www.321gold.com/editorials/tustain/tustain062307.html .
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Friday, March 23, 2007
Financial Markets Manipulation - The Rise of the Bernanke Put Option? / Stock-Markets / Market Manipulation
By: Money_and_Markets
Mike Larson - Did you see that monster rally on Wednesday afternoon? The one that sent the Dow up more than 150 points in the blink of an eye? If you're wondering what caused it, I have an answer for you …
Federal Reserve Board Chairman Ben Bernanke is trying out the “Greenspan put!”
Alan Greenspan, our last Fed Chairman, was notorious for solving market crises by lowering interest rates. In fact, the Wall Street crowd even dreamed up a nickname for this — the Greenspan put.
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