QUESTION: Marty, How the hell are you? It’s been too long. This case of charging manipulation of precious metals being “spoofing” is the end of the free markets. This eliminates the locals, and trading will never be the same. I remember when the lawyers over the insider trading cases with Michael Milken came to you, and you wrote about that back then and how they turned it upside down. Do you think turning spoofing into manipulation is the death knell of trading as we head into 2032?
Pat
ANSWER: Yes, it has been a long time. I don’t know how you trade size anymore. I would not want to trade a major fund in this atmosphere. I probably should explain why Milken and all those charged with insider trading were really innocent. During the Great Depression, insider trading was defined as a director who knew the company would go bankrupt, and he sold his shares BEFORE releasing that information. That is what REAL insider trading indeed was.
The problem with our law is that a prosecutor gets to create a new theory of the law and then charges you, and it can be precisely the opposite of what the law was intended to do. I saw them charge Muslims after 9/11 with money laundering because they paid off one credit card with another. That certainly was not the intent of money laundering. If you have cash now, they will consider it money laundering because you are trying to avoid taxes.
The theory they used against Milken was that, let’s say, you and I intend to take over General Motors. The legal theory was that we defrauded the person reading this from the same OPPORTUNITY to make money. They did not lose anything. They turned inside trading upside down. The various lawyers came to me because I had written about what real inside trading was back in 1986.
Trading has always been just a poker game. When I would call a bank for a quote, they would always try to read what I would do and move the spread in that direction. Sometimes, you have to pretend to be a buyer if you really have the size to sell. If “spoofing” is now manipulation, trading is finished. You cannot call Goldman Sachs and say, gee, I want to sell $1 billion. They will clip you.
John Maynard Keys wrote in 1926 “The End of Laizzez-Faire” which was the piece that argued that the government can MANIPULATE the economy by using interest rates to manage demand. It was the “New Economics” which completely failed. Before he died, he admitted he was wrong and that not even central banks could manipulate the trend of the economy, no less a single market. Paul Volcker, back in 1979, wrote about the failure of Keynesian Economics in his Rediscovery of the Business Cycle. I remember Paul and I had a conversation about that back in 1998.
Even Larry Summers, the father of NEGATIVE interest rates, admitted that economists cannot forecast the future trend of the economy. Absolutely NOBODY can manipulate any market that changes its direction. Yes, locals could gun for stops and move the quotes on the London Fix, so it kicks off the stops. But that does not change the trend. Those who have pushed this theory that the metals are manipulated have been wrong in their analysis. They push this theory that the metals rise with inflation when they have not done so for centuries.
Gold declined for 19 years, from 1980 to 1999, while the national debt kept rising so much for the debt and inflation theories. Gold does NOT rise with inflation – it rises with geopolitical uncertainty. And when we were on a gold standard, gold declined with inflation. Moving to some gold standard will NOT defeat the business cycle and prevent inflation. There is far more to inflation than just the nonsense of the quantity of money. Most of the theories these people push to sell their gold are false, and as a result, they then have to claim that gold has been manipulated to keep it suppressed to cover their ass, for their analysis is biased.
Even the propaganda they put out about the Great Depression is false. Commodities peaked in 1919 with the shortages thanks to World War I. Silver declined and made its low in 1932, with the stock market collapsing from its 1919 high. Then there is the propaganda that gold and the share market are supposed to decline because of Keynesian Economics raising interest rates. Sorry! That is also a myth and fake news, yet they preach that every time. The stocks soared, and they called it the Trump Rally while the Fed kept raising rates. Gold also rose with rising interest rates.
Welcome to the chaos and misinformation that has plagued investors since the Great Depression.
COMMENT: Now that it is painfully clear , there is no law in the United States, my question would be how long before the great unwashed, realize this ? I understand Socrates, is looking into 2024 , in the panic cycle increasing . What I see coming , are the populations of the world finally coming to the realization this fact , “ the legal system “ no longer exists & masses will reject it en mass , at which point all hell will break loose , and those carrying out the persecution of innocents, will pay for their treachery in blood .
What I find staggering is the fact that ,a group of psychopaths could take us to this point , and nobody stood up to stop them . As we will see going forward, is how the “ white hats “ or simply good people , will feel tremendous guilt for standing by and not speaking out (again) or taking action ,to protect their paycheque, rather than taking the right and just ,action to prevent this madness . Then again ,this is of no concern to the psychopath state , for they have already proved to their, sick cabal , once ( from the COVID experiment) that the masses will do nothing , even as their loved ones are killed off , with poison. Injections. GOD HELP US ALL ! DL
REPLY: Unfortunately, this is all part of the cycle of the rise and fall of civilization. Once you hand someone power, it changes them, and they will act in their own self-interest to always expand that power. Our computer has projected that there will be a Directional Change in 2022, and it will begin in 2023. They realize that they are losing power. This is why they are becoming desperate. Just 30 years ago, they at least pretended to be ethical. Today, they do not care. It is like someone who stole $20 from you, and you knew but said nothing. They come back and took another $50, but you said nothing. Then they come back a take $1,000, and suddenly you get mad and ask why? You never cared before?
We have virtually every conflict in our database since ancient times. These forecasts are NOT my personal opinion. Socrates is by far the most sophisticated and accurate Artificial intelligence system on the planet. That’s why all the powers tune in. Personally, I am ready for Scotty to beam me up. I have had a psychic write-in and say I am some old soul, and I volunteered for this. My reply is I must have been drunk, or I misunderstood. This is NOT my opinion against someone else. Sorry! Here are just five models from five important events, and they are ALL projecting targets from mid-2024 until January 2026.
I laid out at our 2011 WEC in Philadelphia that it would all start in 2014. Our computer even projected it would begin in Ukraine. On December 3rd, 2013, I warned that Ukraine was the place to watch. Let’s get real here. The West did instigate the civil war in Syria. That was to help Qatar get a pipeline through Syria to Europe to compete with Russia. That was the whole issue and Obama’s agenda. The Neocons have been trying to cut off Russia’s energy sales in hopes that it would collapse. This is why they targeted Ukraine since the pipelines to Europe go through Ukraine. They blew up Nord Stream Pipeline, which is why Victoria Nuland ran to Neger because the deal was they rook out Nord Stream; Germany said nothing because an alternative deal was struck with Nigeria to bring a pipeline for gas from there to Europe. It had to go through Niger the same, and the one from Qatar had to go through Syra.
The Neocons do not care that Russia is capitalist. Communist collapsed. That does not matter. Instead of creating world peace, and there would be this huge “peace dividend” when Russia fell, that was all undermined by the Neocons. They are evil psychopaths intent on dominating the world precisely as Khrushchev had threatened. The Neocons are just evil people. Inside EVERY country, there are ALWAYS people who are pro-government and anti-government. Not all Russians and Chinese agree with their governments any more than all Americans believe Biden.
Well, Khrushchev was removed from office because he destabilized the world. He is dead but the Neocons in the West were all fired up and have refused to stand down. Watch the movie the courier, and you will see that the dissent inside Russia warned the West all about Cuba – it was not our intelligence agencies.
On June 25, 2020, BEFORE the 2020 election, we posted that the election would be manipulated and that Trump should have won. Still, our computer was warning he would probably lose since our geopolitical models showed it could not be Trump starting wars. We will not even make it to the November 2024 elections. This corruption will lead to a turn in the entire world economy post-May 7/8th, 2024. The 2020 election took place on November 3rd, 2020 (2020.841).
Our Rubicon Moment currently may very well be 2023.981 – December 24th. Julius Caesar struck his Rubicon Coinage with the image of an elephant crushing a dragon-headed snake representing the corrupt Senate. Cicero was one of the oligarchs, so he put out the fake news to support their corrupt seizure of the Senate exactly as we see today. History repeats because human nature never changes.
The political storm clouds are gathering. Perhaps this will be our political Christmas gift to the world so they see America as not much different than a banana republic. Maybe that is why Biden is flooding the country with illegal aliens with their hand out for welfare and will give them the right to vote. Democrats in Texas are already proposing that illegal aliens should have a right to vote as long as it is for them. This is an economic war for the United States’ very survival as we know it. These people wage wars and draft our children to die for their vendettas and pretend this is democracy when we are NEVER asked – should we wage war – Yes or No? We have no say in a Republic. It is still a dictatorship.
However, this is also an incredible opportunity. Our present form of republican governments worldwide that pretend we live in a democracy is coming to an end. It is time to begin thinking about what form of new government we created and, just for once, realize that handing power to anyone corrupts their very soul. There MUST be term limits, and any sort of social manipulation can NEVER be allowed. Rome had peace for 1,000 years, NOT because it was one government, but because everyone benefited. Each province was able to sell its goods throughout the empire. There were no trade barriers or attempts to manipulate society for some fictional equality.
FREE TRADE created peace. When everyone benefits from free trade, there is no war. When Russia could sell into the US economy, as did China, it benefits their people who do not want their livelihoods disrupted. When we put on sanctions thinking it will cause the people to rise up and overthrow their government, they are not stupid. They know it is NOT their government – it is the United States and Europe who have become the new dictators of the world. This parody of the sanction has a point. By shutting down world trade, we encourage international war.
The stupidity of the human race is legendary.
NOTE:
Those in power reading this, you will lose. You have NEVER won even once in history. Think hard before you challenge history. Shakespeare’s line about the lawyers needs clarification. Only the King was allowed to have lawyers. They were effectively prosecutors like those going after Trump, who are so stupid to think the other side will not retaliate and do the same. The people will always rise up and hang the oppressors in government. It is time to stop this cycle of bloodshed and realize your quest for a totalitarian state will not materialize, and that goes for your cheerleader – Klaus Schwab. Those in power will own nothing, and I doubt you will be happy. Stop this insanity and wake up. Russia had a bloodless revolution in 1991. Let’s do the right thing. Schwab is preaching Communism all over again – OPEN YOUR DAMN EYES!
The public is not concerned about “Russian aggression,” the Trump inditement, or even the MSM wrench about aliens. No one cares — the average person is struggling to keep up with the rising cost of living. Homelessness is on the rise as people cannot afford shelter. The blank checks to Ukraine are a slap in the face of those begging for help at home. These politicians need to work for us. No one campaigning is going to make a dent in the polls unless they clearly detail how they plan to address INFLATION! And no, the problem is not limited to America. The solution cannot be a universal income, currency, or Great Reset. The economy was strong before they attempted to BUILD BACK BETTER.
Posted originally on the CTH on August 19, 2023 Sundance
For his weekly monologue, Neil Oliver hits on a familiar metaphor. The grand theatrical performance of global politics and the orchestration of the actors and scripts. The difference, in this modern era, is that no one in the audience is watching the pantomime any longer; it is all too predictable. WATCH:
The international age limitation on military drafts is generally 18 years or older. Canada and Australia put it at 17 years old. Zelensky has imposed two decrees which prohibit the departure of teenagers aged 16-17 from the country, effectively turning Ukraine into a prison camp. Over 8 million Ukrainians have fled from this tyrant. He has burned through the adults in his army. Instead of entertaining any idea of peace or just allowing the Donbas to vote peacefully as he pretends to defend Democracy, Zelensky has turned to mobilizing the children so he does not have to admit he is wrong. Zelensky is in good company. Time Magazine also named Hitler and Stalin, twice in 1940 & 1943, all Men of the Year.
With a second decree, Zelensky tightened the conscription policy and not just drafted children under 18 but also disregarded whether they were fit or not for military service. On Zelensky’s orders, he is now taking children by force. He refuses to consider the population of Ukraine but prefers to only talk about how great it will be for investors to buy Ukraine since he is killing off the population. He refuses to negotiate and seems to be intentionally turning the people against him personally.
There are many Ukrainians who are starting to see the light that their enemy is Zelensky – not Putin. The day before the invasion, he told the press that Ukraine would rearm with nuclear weapons. That was the final straw; Putin even said that in his speech to the nation as the reason to invade, the same as the US concern over Cuba back in 1962.
Even the pro-Ukraine Washington Post, which would love World War III to sell more papers, reported that Zelensky knew when Russia would invade and did not warn his people because of money. “If we had communicated that … then I would have been losing $7 billion a month since last October, and at the moment when the Russians did attack, they would have taken us in three days,”Zelensky said.
If Zelensky is assassinated, the West will blame Russia. There is far more incentive to kill this high-heel pretend head of state from inside the ranks of Ukraine for destroying their country, all on the orders of the Neocons for a strip of land that has been the home of Russians for hundreds of years. Russia did NOT invade Ukraine; it came to support the Donbas, which was supposed to have a democratic right to vote on their separation under the Minsk Agreement. Why should China, Russia, or any country trust the EU and the United States ever again when they do not honor agreements?
The lies are just over the top. Ukraine was free. Just honor the Minsk Agreement; the Ukrainians had their first country in history. But no! Zelensky is lining his pockets while pretending he was fighting for freedom and demonocracy when that was secured under the Minsk Agreement. This is going down in history alongside the weapon of mass destruction. The Neocons also bullshitted the world for another one of their endless wars they never win. These people are the real war criminals. They start wars all for their deranged view of hatred.
Zelensky has done nothing but try to drag the entire world into his war against Russia. And for what? A territorial grab where Ukrainian have never lived? Any politician who supports Ukraine and this deliberate attempt to create World War III should be barred from ever holding any public office, including a dog catcher or a sanitation worker cleaning toilets.
He wants to kill off our American children now so he can create the biggest investment project with Blackrock – real blood money. Personally, I would not advise anyone who puts money in Blackrock. They should take a gun, go to Ukraine, and fight like they want everyone else to do so they can make their subsequent big profit over the blood of our children. Pure evil scum! I would not invest with any firm looking to do business in Ukraine.
How does Janet Yellen still have a job? She is completely out of touch and merely a mouthpiece for the political elite. Treasury Secretary Janet Yellen had the audacity to claim that most Americans are happy with their financial situation despite every bit of data indicating otherwise. “So, they seem to perceive the economy as a whole as doing less well than they are personally. But most Americans feel good about their own economic situation.”
The CNN reporter questioning Yellen mentioned a poll in question showing that 75% of Americans realize that the economy is in poor condition. Another 63% said they disapprove of how President Biden is addressing the economic crisis. The reporter asked Yellen if she could assure the people that prices would go down, and she said no. Inflation allegedly is declining based on government data but people are still paying significantly more for absolutely everything.
Yellen is completely in bed with the WEF and the BUILD BACK BETTER global elite. She admitted that the true reason behind the Inflation Reduction Act was to propel the climate change agenda. “The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity,” Yellen admitted. She is either mentally impaired or dismissive of the true struggles Americans face. Since Biden is incapable of campaigning, Yellen is traveling around the states and touting the imaginary success of Bidenomics.
The most inflationary driver is war. When questioned, Yellen said it was simply Russia’s fault that the US was involved in this proxy war, and only the Russian economy is suffering. There are now questions on whether the white powdery substance found in the White House belongs to Yellen. She recently called the US debt downgrade “arbitrary” and disagrees with the data. She does not speak as an authority on economics, but rather, she speaks as if she were a puppet of the WEF implanted in government to spread economic-related propaganda.
COMMENT: Not only has Oliver Anthony’s songs gone viral here (NA) but also in China. Messages indicate that any kind of attempt to reference/share to his songs is now banned across WeChat. Apparently, there is a cleverly-worded Mandarin “rap version” circulating. So the emotions appear to be universal and now…possibly something like “star spangled banner” as far as focus for a lot of disaffected workers…Every major change needs a proper emotional “anchor” and this appears to be possible here… Did the Romans or other civilizations that collapsed experience music/song as part of the downfall? take care, YK
REPLY: Our client base is in the millions worldwide. I get interview requests from around the globe. That is definitely showing that many people around the world are coming to similar conclusions. The elite are being driven by Schwab and his deranged ideas. As I have said, he is a control freak in how he runs his WEF. He is trying desperately to do that to the entire world. He has ZERO respect for humanity and our freedom from tyranny as well as freedom of thought.
The fires in Maui claimed the lives of at least 99 people. Over a thousand people are still missing as crews rush to identify remains. This was the deadliest wildfire on US soil in over 100 years. There is a lot of speculation and conspiracy theories surrounding the fires, but one proven conspiracy is that the US government is putting America last.
On Sunday, the Federal Emergency Management Agency said it was too soon to calculate the damages, but a low estimate is $6 billion. The President of the United States made sure to address his main priority by sending a $200 million aid package to Ukraine this week. “Air defense, anti-armor, and munitions will keep the Ukrainian armed forces in the fight to defend their country’s sovereignty, territory, and people,” Secretary of State Antony Blinken announced on Monday as search teams continued to search Maui for any survivors. This is chump change for Ukraine as the White House is seeking hundreds of billions in extra funds.
As residents of Hawai'i mourn the loss of life and devastation taking place across their beautiful home, we mourn with them.
Like I've said, not only our prayers are with those impacted – but every asset we have will be available to them.
Joe Biden was spotted on the beaches of Delaware this weekend as Hawaii burned down. He refused to comment on the situation and did not let it interrupt his vacation. Biden finally took to X (formerly Twitter) to address the crisis. “We’re laser-focused on getting aid to survivors, including Critical Needs Assistance: a one-time $700 payment per household offering relief during an unimaginable difficult time. We have the staff on the ground dedicated to helping survivors navigate the registration process.”
So Hawaii received $1.8 million in aid. What is $700 going to do for the people who lost everything and perhaps everyone? In comparison, a foreign nation received $200 million this week. We are witnessing what happens when the government pivots from America-First to America-Last policies.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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