Monday, December 24, 2018

All is Well


[ed. Well, that went well didn't it. Nothing like calling an emergency meeting then declaring there's nothing to worry about. Certainly no need to... panic! The existence of the so-called Plunge Protection Team (PPT) - a coordinated effort among banks and regulators to manipulate markets - has always been suspected but never formally acknowledged. This compliments the Greenspan/Bernanke "Puts", and market circuit breakers (or trading curbs) that actually do exist to halt market trading during a crash. All are manipulations to keep the market propped up rather than finding its normal level of value (at the pace it would like to find it). The casino is definitely rigged.]