Australian (ASX) Stock Market Forum

Interference in world markets - Plunge Protection Team

Re: Interference of world markets

Well they definately exist. Did a quick Google search and they are all over the place. :eek:

They could really upset my Short insurance theory (Designed to kick index shorts in after plunges of 2% or more)

I suppose if this is correct, at least we could buy with confidence!

Scary thought though, amazing how much we don't really know about this manipulative world we grace....
 
Has anyone read or listened to Thomas Friedmans, The Lexus and the Olive Tree? This PPT group very much goes against the idea that the good ol' US of A is wearing the 'golden straight jacket' as tightly as it pretends to.
 
The US has an attitude of do as i say not as i do.

The most hipcritical thing lately was this dodgy human rights report.

They slap China on the wrist for human rights abuses in tibet etc but they have undoubted had a secret hand or stake in alot of abuses across the globe. Most resulting in the death of innocent people or the repression and exploitatio of emerging economies.

I suspect they could single handedly collapse the Chinese economy without anybody knowing.
 
The Federal Reserve itself is the original PPT, set up by JP Morgan and a bunch of his mates. Nowadays the banking influence over the US Fed Res is by Goldman Sachs. Just follow the personnel trail of people who go into Goldman Sachs & come out the other side in influential positions of authority in various institutions eg Henry Merritt "Hank" Paulson, Jr. (born March 28, 1946) is the United States Treasury Secretary and member of the International Monetary Fund Board of Governors. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs, one of the world's largest and most successful investment banks.

Before this correction there was a repeatable pattern in the intraday chart of the Dow Jones whereby the index would drift lower into negative territory only to suddenly rise in the last hours into a new record. So much for the free market.
 
One would think that if the money used to do the buying comes from the Fed, that this activity is inherently inflationary.
 
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