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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Chip McVickar who wrote (13114)3/20/2012 5:14:41 AM
From: John Pitera4 Recommendations  Read Replies (3) of 33421
 
Hi Chip, you are one of my oldest friends on SI and our relationship goes back at least 13 14 years and we have exchanged in the early part of the first decade of the 21 century..... it makes me exercise my brain that we are in the second decade.

Over the course of time I have provided some evidence that the Federal Reeerve Banks Are privately owned and it appears from my research, which to a very large degree is other people's research coupled with gathering information which is stated to be factural from a number of sources and the best reseachers have foot notes that reference the source material for the info provided and as we move more fully into a digital age it gives a very easy reference web article and by the same token makes it a bit easier to create any info on a site and then give it a footnote reference and voila you are doing Princeton or Oxford Research. Harvard, Yale and Brown come to mind.....but lets that be.

in 2007 and we had a full blown debate as to wether the Federal Reserve had ever undergone and independant Audit. They stated that they had portions of their operations audited, but where very specific and very direct and unhedged that the Federal Open Market Operations and other related activities HAVE NOT AND WILL NOT BE AUDITED AS it would provide proprietary informtion as to how they conducted Federal Open Market Operations and as to how they could take the FEDERAL RESERVE BALANCE SHEET from under 800 Billion in 2008 to 2700 Billion by 2010 (2.7-8 TRILLION) 6 MONTHS AFTER THE Founder of Vangauard Mutual Fund told us in April of 2008 that 800 biilion would be the entire commitment of the Federal Reserve BALANCE SHEET

BANKING, RESERVES AND SO MUCH ELSE IS AN ILLUSION......... THE INFLATION TRAIN IS HERE....NOT FOR THE 1 MILLION HOME OVERBUILT FOR THE BABY BOOMERS.......BUT GET PERIODS WHERE THE MONETARY AUTHORIES PULL ALL THE MONEY OUT TO COLLAPSE THE INFLATION ASSSETS AND BURN THE INVESTORS AND ENRICH THE "MONIED CLASS"

JJP
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