Ben Bernanke, Head Trader at the US FED, May be forced to talk up more QE, as Employment Picture Sours.
This will sour his bluff that the US economy is mending: a bluff he so badly needs to make to keep widows, orphans, pensioners and small Hedge funds in the market so that the big banks can continue to fleece them of all their hard earned money.
Think I'm exaggerating? Check out these headlines. And Remember: JP Morgan is the majority stock holder in the Fed. And the major banks get all their trading money through "Loans" at zero percent directly from the FED:
How Speed Traders at the Major Banks Are Changing Wall Street
These supercomputers - which actually decide which stocks to buy and sell - are operating on highly secret instructions programmed into them by math wizards who may or may not know anything about the value of the companies that are being traded.
It's known as "high frequency trading," a phenomenon that's swept over much of Wall Street in the past few years and played a supporting role in the mini market crash last spring that saw the Dow Jones Industrial Average plunge 600 points in 15 minutes.
The Fed’s QE Traders, Buying Bonds by the Billions
By GRAHAM BOWLE, NY TIMES
Deep inside the Federal Reserve Bank of New York, the $600 billion man is fast at work.
Fred R. Conrad/The New York Times
Blake Gwinn, left, and James White in the Operations Room.
Josh Frost, who oversees the buying of billions in Treasury debt by the New York Fed.
Fed buys $2.085 billion in Treasuries
NEW YORK |
(Reuters) - The Federal Reserve on
Friday bought $2.085 billion in Treasuries with maturities ranging from
February 15, 2036 to February 15, 2042.JPMorgan Trader’s Positions Said to Distort Credit Indexes
By
Stephanie Ruhle, Bradley Keoun and Mary Childs
-
Apr 6, 2012 10:43 AM ET, Bloomberg News
A JPMorgan Chase & Co. (JPM) trader of
derivatives linked to the financial health of corporations has
amassed positions so large that he’s driving price moves in the
$10 trillion market, traders outside the firm said.Market-manipulation mutterings intensify
Peter Brimelow
Gold bug Russell adds voice to idea of Wall Street-Washington plot
NEW YORK (MarketWatch) — Manipulation mutterings are spreading, and that’s ominous.
Recently, I noted that longtime gold bug Richard Russell of Dow Theory Letters finally converted to the thesis that gold’s price is subject to manipulation by a Wall Street-Washington alliance. See April 25 column on Russell and the gold-manipulation thesis.
Recently, I noted that longtime gold bug Richard Russell of Dow Theory Letters finally converted to the thesis that gold’s price is subject to manipulation by a Wall Street-Washington alliance. See April 25 column on Russell and the gold-manipulation thesis.
Gold Market Manipulation: JP Morgan insider makes shocking revelation
Gold Investment - 26 March 2012
A JP Morgan employee, who has
chosen to remain anonymous, has recently revealed damning insider information about JP Morgan’s
practices in a comment made at the website of the CFTC (Commodity Futures Trading Commission) in the United
States.
No comments:
Post a Comment