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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (50941)6/6/2009 10:57:06 AM
From: Haim R. Branisteanu3 Recommendations  Read Replies (2) | Respond to of 217830
 
The big money center banks all around the world must be totally destroyed they only inflict instability in the financial markets by their manipulation of everything that can be traded financially.

They spread false rumors - e.g. US downgraded by S&P, or - FED will raise rates by September, or UK Government will fail, CEEC will monetarily disintegrate and so on, they raid smaller countries financial system - e.g Hungary, Romania etc. for the sake of a fast profit on the expense of the world businesses

For example the Baltic Dry Index rose from a low of 700 this winter ot a high of 4291 few days ago - ony to fall to 3800 within 2 days stockcharts.com

Same story with energy prices and so on

How can a real shipping company shipping real gadget and commodities we need for our day to day life, make any money with such fluctuations?? - they will go BK sooner than any one expects

Stock markets gyrations are not inflicting direct damage to manufacturing and real international trade outfits which make the world prosper but erratic currency manipulation on rumors or false perception are hurting most the real world economy for the benefit of criminals at the big money center banks they siphon hard earned profits from every one onto the pockets of parasitic criminals which in any other circumstances would get to jail.

If I manipulate the alarm system to get into a warehouse and enrich myself with few $$$$ of goods I go to jail but if Joe Moe concerts with others to spread a false rumor or perception and move currency markets 2 to 3% within 2 to 3 days his firm pockets the money he gets his bonus and he is getting "out of the scheme" richer.

I do not know how many are watching the currency markets but the AUD, EUR CAD and more so developing countries currencies had tremendous move during last month on unwarranted rumors.

World wide manufacturers and importers lost huge amounts of money where forced to hedge their exposure enriching criminal parasites sitting at their trading desks at the money center banks.

My effort to stay level involved substantial more transactions that I would do other wise paying unnecessary spreads and fees just to keep even.

As to Obama – he is just happy the way it is as the more those criminal steal from the public at large the less the US government intervention is needed to continue to bail them out. IMHO the Obama administration is not only a curse to the US electorate but to the world at large both economically and politically.

One best example is Fridays Unemployment report - which is representing a false situation, as the broader measure of unemployment are at the same level since January U-4 9.5% U-5 10.3% and U-6 15.9% unemployment (was 16% in February)

On average the unemployment is 50% to 55% higher than after the DOT.COM bust in 2002

stats.bls.gov

So what is the latest rumor - after claiming that the US will be stripped of the triple A rating for two week the new rumor is .... forget credit downgrade - the FED will raise rates by September --- both rumors utterly false with the sole purpose of high volatility in FX markets