Goldmans Beast...
The most evil, fiendish machine of destruction ever created has been turned on. I call it The Beast.
The Beast is not an atomic bomb. It isn’t a missile or a deadly submarine with enough nukes to end life as we know it.
It is a computer. The fastest, most powerful ever made. Goldman Sachs owns and runs it. It is stealing your wealth day and night.
The Beast is so secret only a handful of people have actually seen it. The picture above is an educated guess of what it looks like. I based it on talks I’ve had with people who know some of the components of this market manipulation system from hell.
No one understands everything The Beast does. We do know it is connected, directly or indirectly, to every information system known to man. Every database. It is so fast, it runs circles around every other computer in the world. It has the power to manipulate (for a time) every market in the world.
Soon this system, or one like it, could be used to control most every aspect of your life.
Right now it is most dangerous for you, me and every American investor: because it is tied directly to the New York Stock Exchange computers. In fact, it is connected to every exchange computer in the world, be it stocks, commodities or bonds. It lets Goldman Sachs learn every stock order and commodity order that is placed on the NYSE or any other exchange – BEFORE the exchange executes it – and then jump in front of the market. This is called FRONT RUNNING.
Every time you, your mutual fund or retirement plan buys a stock, bond or commodity, you pay more than you should have. Goldman gets there first. Thanks to the power of The Beast. They bid up the price you paid. They gouge you.
In some cases, The Beast can freeze you out. Or worse, bust you out of your positions, a big loser. Many small investors learned this the hard way, in the May 6th “flash crash” bloodbath.
It’s legalized theft, on a mass scale. It is the reason Goldman made nearly $30 billion in their proprietary trading these past few years — while every one else lost money and the U.S. economy trashed around in the worst depression since the 1930s.
The Beast is located in a steel, nuclear-proof vault. Ten stories below street level. In the same room as the NYSE’s own computers. Wired directly into them, in fact.
Article mid 2010s...
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This is the machine and whoms algos created the flash crash; there will be more.
This market is beyond manipulated; it is beyond fair and it for sure is not capitalism nor free markets!
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