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Deepcaster Letter Details How US Government Manipulates Major Markets
MARKET INTERVENTION ACCELERATING,
Stunning Data Releases Show Risks, Consequences, and The Cartel End Game
“Charlie and I are of one mind in how we feel about derivatives and the trading activities that go with them: we view them as time bombs, both for the parties that deal in them and the economic system.”
“…The derivatives genie is now well out of the bottle, and these instruments will almost certainly multiply in variety and number until some event makes their toxicity clear…”
“…In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.”
Warren Buffet, February 21, 2003
“The fact that the December 13 and 14, 2007 jumps in the PPI and CPI inflation numbers were accompanied by substantial drops in the gold price is quite significant. After examining all the evidence, how can a rational observer conclude anything other than that the price of gold is manipulated?”
Deepcaster, December 14, 2007
This is the sixth in a series of Deepcaster's work originally entitled "Juiced Numbers" regarding Market Intervention and Data Manipulation. The primary topics of this installment are: 1) An overview of the Market Intervention and Data Manipulation Regime, including the recent Releases from the BIS, BLS and The Fed reflecting that market intervention and manipulation; 2) The August – October, 2006 Intervention Phase that took down Crude Oil, as well as Gold and Silver prices; 3) Highlights of the August & September and other 2007 interventions; 4) Cartel Intervention as the key feature of the aforementioned Takedowns; 5) Data Massaging and The Cartel End Game.
.
.
.
(contd)
MARKET INTERVENTION ACCELERATING,
Stunning Data Releases Show Risks, Consequences, and The Cartel End Game
“Charlie and I are of one mind in how we feel about derivatives and the trading activities that go with them: we view them as time bombs, both for the parties that deal in them and the economic system.”
“…The derivatives genie is now well out of the bottle, and these instruments will almost certainly multiply in variety and number until some event makes their toxicity clear…”
“…In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.”
Warren Buffet, February 21, 2003
“The fact that the December 13 and 14, 2007 jumps in the PPI and CPI inflation numbers were accompanied by substantial drops in the gold price is quite significant. After examining all the evidence, how can a rational observer conclude anything other than that the price of gold is manipulated?”
Deepcaster, December 14, 2007
This is the sixth in a series of Deepcaster's work originally entitled "Juiced Numbers" regarding Market Intervention and Data Manipulation. The primary topics of this installment are: 1) An overview of the Market Intervention and Data Manipulation Regime, including the recent Releases from the BIS, BLS and The Fed reflecting that market intervention and manipulation; 2) The August – October, 2006 Intervention Phase that took down Crude Oil, as well as Gold and Silver prices; 3) Highlights of the August & September and other 2007 interventions; 4) Cartel Intervention as the key feature of the aforementioned Takedowns; 5) Data Massaging and The Cartel End Game.
.
.
.
(contd)