The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label intervention. Show all posts
Showing posts with label intervention. Show all posts

Sunday, July 24, 2016

Yes Virginia, central banks do manipulate gold prices according to new White Paper

Despite having overwhelming data that the price of gold is manipulated in both the Comex paper markets, and through an elite body of people at the London Gold Fix, economists and central bankers have continuously lied about their involvement in depressing gold as a means to protect their currencies and prop up derivative markets.

But on July 20, a White Paper published by Dirk G. Bauer at the University of Australia School of Business was revised to show just how much central banks use gold price manipulation and the gold carry trade to protect their paper fiat currencies, and keep their managed systems from imploding due to normal market forces.

Central banks hold gold reserves that are designed to build confidence in fiat currency. This confidence is undermined if the price of gold falls significantly or rises significantly. Central banks thus have an incentive to manage the price of gold. Such management is evident in fixed gold prices in the early 20th century, in Central Bank Gold Agreements more recently and in the asymmetric correlation between monthly central bank gold reserve changes and gold price changes. The empirical analysis further analyzes gold lending by central banks, linkages between central banks, bullion banks and mining companies and the gold carry trade. We conclude that coordinated and shadowy gold operations by central banks are necessary for successful gold price and gold reserves management and demonstrate the power of market forces relative to central banks. - SSRN
There are no such things are markets anymore, only interventions.

Friday, March 11, 2016

ECB head Mario Draghi validates that markets are tied to interventions, not fundamentals

On March 10 the European Central Bank (ECB) issued its highly anticipated policy announcement, and the shift from simply watching market action from the shadows is now over.  This is because ECB head Mario Draghi rocked the financial world with a Euro denominated bazooka, and proved once again that markets no longer function on fundamentals, but instead on credit based interventions.
Although not quite going full tilt into negative interest rates, the ECB did lower rates at its primary lending facility to zero from 0.05%, and dropped its deposit rate 10 bps to -0.40 which is an indication the central bank wants Europe’s financial institutions to borrow and spend rather than borrow and save.

Read more on this article here...

Friday, January 8, 2016

China dumps $108 billion in reserves as the Far East economy uses dollars to protect currency

In overnight trading, China experienced an equities meltdown following their largest devaluation of the Yuan since August.  And at the heart of protecting the RMB in this trend of currency intervention is a new report on Jan. 7 which shows that the Far Eastern economy dumped $108 billion in dollar reserves in the month of December, dropping their reserve totals from $3.438 trillion to $3.330 trillion.
Much of this devaluation, equity declines, and dollar dumping are in response to the growing global recession that is not only hitting most emerging markets, but has daisy chained over to Europe and the U.S. where China is now the tail that wags the dog, and for the most part dictates the actions and reactions of the rest of the world that follows their market results.

Read more on this article here...

Thursday, August 27, 2015

Is the Fed using a loophole to prop up the stock markets through the Swiss central bank?

When the Federal Reserve was instituted back in 1913, it came into being with just two primary mandates.  The first was to curb inflation through the adjustment of interest rates,  and the second was to be a lender of last resort for troubled banks in need of liquidity.  Over time however, Congress pushed a third mandate onto their balance sheet, which was to ensure full employment in the economy.
But after the stock market crash of 1987, the Fed became involved in a new area of the market that was never part of their mandate… propping up and protecting equity values in the stock markets.  And while most of that work was relegated to the government run Plunge Protection Team (PPT) from the 80’s onward, it wasn’t until the Credit Crisis of 2008 and the implementation of Quantitative Easing that the central bank’s thrust into the stock markets became a near daily excursion.
So this now begs the question… just how does the Fed manipulate stock prices if they have no legal authority to do so, and no mandate at all to get involved in equities?  The answer appears to lie in a loophole that is facilitating their use of other central banks to do their work for them by supplying necessary funds to foreign banks to purchase stocks on U.S. exchanges.

Read more on this article here...