Our comments on the Zero Hedge article.
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Thank you Mr. Miller.
That is the reason for our editorial.
Al
thanks guys! appreciate it! thank you Gary
http://www.zerohedge.com/news/2014-10-13/what-happens-when-someone-desperate-sell-750-million-stocks
Somebody forgot to turn off one of the trading algorithm computers at JP Morgan or Goldman Sachs before going on a three-day weekend…
Various alternative authors have been talking about “deep pools of liquidity” used in the world’s markets for bribes and manipulations for years, we finally get to see one such “pool” get a crack in its’ stopper and drain the liquidity all in one shot.
Need to see if all that “money” gets put back 24 hours later by yet more mysterious means!
Harvey Organ is taken down by court order. Not I like him much but the fact that he is silenced concerns me. Anyone has any information about this ?
thanks for the post………..the manipulators at work…………
Here is some information. I may start to read his articles. He might be into something.
I will start reading him especially since he was shut down. He must be a bee in the COMEX bonnet. An enemy of JPM is an ally of mine.
thanks again……………………
Since, I was first to mention the article……….I would say………$750MILL in a SHORT period of time is a heads up……The stocks are sold……..Gold stayed up………….piece of the puzzle are being put in place.
In the article from usawatchdog………Rickards points out that Buffitt is holding a CASH HOARD………..maybe, someone else, decided that they should raise some CASH.
I agree 100% with his assessment of China wants to use SDR to become the world reserve currency . It is consistent with China’s currency bonding strategy. There is no way that China opening its financial system to the world since they are afraid to be attacked by ally forces of Euro-America plus Japan. Currency bonding ensures that the damage on attacker is worse than the attacked.
IF , as he(Rickard) says,, the BANKS get locked down,,,your money market funds are not going to be of any value, (immediately)….He mentioned also, in 1914(?) that the entire stock market closed down for MONTHS…………..which He thought was very possible again……………
should be posted under ……JMiller’s comment………..sorry……….
I THINK this goes in concert with……..BAIL IN………
Cash as in T-bills and money market funds. Rickards also said to have only 10-15% in physical gold in a diversified portfolio. And he has no real problem with someone having assets such as stocks and cash (debt instruments).
Correction: Rickards said to have only 10% in physical gold not 15%.
see above……………………JM………
This is such a dangerous time to be in the markets. As stocks fall people will think a bottom is in looking for a hair of the dog that bit them, today there seemed to be some exuberance on opening but it can turn real ugly real fast particularly as we approach the close.
Somebody gutted the TSX.
If it was gold everyone would be crying that it was a conspiracy
If it is gold, nobody will care since it happens regularly
ZeroHedge is known to occasionally make a big deal out of something that is basically nothing.