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Sunday, 31 August 2014

CME. CBOT. NYMEX. COMEX........................from Rico

Remember the LIBOR "rigging" being dismissed as tinfoil hat conspiracy theory until it became established fact?

- probably not, since that happened more than 48 hours ago.

Here's another tinfoil hat conspiracy theory that turns out to be fact:

- The biggest and most active market maipulators turn out not to be rogue bank employees, rogue banks, or even rogue bank cartels, but instead are the Central Banks themselves.

Central Banks around the world are trading [read: buying, selling; options, futures] on the S&P, TSY, FX, Precious Metals [read: COMEX, GLOBEX] to such a degree that incentives/rewards programs have been established for them.

The retail investors (Mom & Pop, aka Muppets), and increasingly institutional investors and traders are gone [record low trading volumes indicate that pretty clearly]....but 'someone' has stepped up to the plate to keep the fiction of active markets going: Central Banks.

The almost daily 'new' record highs, the end-of-day ramps upward on sudden mysterious buying, opening bullion 'smashes' on the CRIMEX, and all the rest of the market magic tricks are caused by some very deep pockets indeed, and when this all crashes, it's gonna leave a mark.....


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