Secrets Of The Plunge Protection Team The Four Derivative US Dictators By Michael Edward 5-13-4 There are just four people who control all of the U.S. markets through their use of dangerous and explosive DERIVATIVES. They are risking the assets and retirement funds of all Americans. Because of their manipulations, especially since 2001, U.S. financial markets are now based on the gambling whims of a special fraternity of Federal Government DERIVATIVE dealers. This group is known among Wall Street as the Plunge Protection Team (PPT). Their "official" role was to prevent another 1987 "Black Monday". They have the entire U.S. Treasury at their disposal to manipulate the markets through DERIVATIVES (futures options). In other words, they are using the assets behind the U.S. Treasury to rig the prices of commodites (gold, currencies, etc.) and stocks. This fraternity comprises of Fed Chairman Alan Greenspan, the Secretary of the Treasury, and the heads of the SEC and the Commodity Futures Trading Association. It works closely with all the U.S. exchanges and Wall Street banks, including the largest DERIVATIVE risk holders Citibank and JP Morgan Chase. Few people are aware of Executive Order 12631 signed by Ronald Reagan on March 18, 1988. In a nut shell, this is the "authority" behind the four dictators and the [sic] "laws" and "regulations" that have backed their casino-style DERIVATIVE gambling spree since 2001. Here are some highlights of this Executive Order to ponder: Executive Order 12631 - Working Group on Financial Markets - Mar. 18, 1988; 53 FR 9421, 3 CFR, 1988 Comp., p. 559. "By virtue of the authority vested in me as President by the Constitution and laws of the United States of America, and in order to establish a Working Group on Financial Markets, it is hereby ordered as follows: Section 1. Establishment. (a) There is hereby established a Working Group on Financial Markets (Working Group). The Working Group shall be composed of: (1) the Secretary of the Treasury, or his designee; (2) the Chairman of the Board of Governors of the Federal Reserve System, or his designee; (3) the Chairman of the Securities and Exchange Commission, or his designee; and (4) the Chairman of the Commodity Futures Trading Commission, or her designee. Section 2. Purposes and Functions. (a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider: (2) the actions, including governmental actions under existing laws and regulations (such as policy coordination and contingency planning), that are appropriate to carry out these recommendations. (b) The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible. Section 3. Administration. (c) To the extent permitted by law and subject to the availability of funds therefore, the Department of the Treasury shall provide the Working Group with such administrative and support services as may be necessary for the performance of its functions." Get out of the markets before the inflated DERIVATIVE bubble bursts The pre-911 U.S. markets showed an astounding - yet confounding and puzzling - rise for the 4 months proceeding 911. The U.S. media dubbed it a "patriotic rally". The European Press called it a "PPT [Plunge Protection Team] rally". Obviously, the U.S. markets were manipulated and rigged to an inflated value in advance of the 911 disaster. Was this a coordinated measure in anticipation of what was to come? Only The Powers That Be can answer that question directly. Since 911, there have been at least three major long-term stock market rallies. In all 3 instances, when the markets opened all the indexes began to quickly plunge. In each incidence, by early afternoon the markets were brought back from the brink of collapse to the surprise of everyone, including historical analysts. An event that should have sent markets spiraling downward was the Enron, et al, unprecedented corporate accounting scandals. Yet despite this, an unprecedented accross-the-board markets rally began on July 24, 2002. Once again, the European Press called it a "PPT rally". Outside the U.S., it's no secret who is behind these secretive "no-name" purchases of high risk DERIVATIVE gambling wagers: On September 16th, 2001, The Guardian reported "that a secretive committee... dubbed 'the plunge protection team'... is ready to coordinate intervention by the Federal Reserve on an unprecedented scale. The Fed, supported by the banks, will buy equities from mutual funds and other institutional sellers... " On Feb 21, 2002, the Financial Times featured an article about Japan's Stock Buying Body. The article stated that "...government backed equity markets, as Japan has recently become aware, do not work... Plunge protecting the world's markets may be a hazardous pursuit." In each of these occurances, a large "no-name" buyer in the futures market secretly plunged in and bought up massive quantities of DERIVATIVES through banking groups such as JP Morgan. These were completely reckless gambling bets that the futures index [S&P] would rise even though it was obvious that it was going to fall. Because such a large amount of money was wagered on the S&P's rise, in each instance, it reversed the market's free-fall. At the Federal Open Market Committee meeting on Jan 29-30, 2002, the Federal Reserve System (Greenspan) openly discussed the use of "unconventional methods" to stimulate the economy. Recently, the Financial Times of London quoted an anonymous U.S. Fed official who stated that one of the extraordinary measures "considered" in January 2004 was "buying U.S. equities". These gambling interventions by the "Four Financial Dictators" have successfully brought the markets back each time... despite the inflated financial realities that existed. The purchase of these gambling DERIVATIVES at a great loss have transformed each market crisis into a rally. By manipulating the markets in this way, they have further inflated the highly overvalued market indexes. Perhaps Americans can now understand why the major U.S. banks, such as JP Morgan, are holding TRILLIONS of gambling derivatives on their books as the PPT group of four use them to rig the markets. Sooner or later, these market "fixes" will no longer hold the bubble from bursting. Thus, we have witnessed the creation and growth of the financial bubble that is on the brink of explosion... and we know who rigs and controls the markets to create this inflated bubble of gambling debt. Paper Stocks Rise as Metals Loose - PTT Rigging is Obvious In the same motus opperandi, the PPT group of 4 are currently buying metals futures (DERIVATIVES) in great amounts on the New York and Chicago exchanges. For the past two weeks, they have created a loss in silver and gold indexes by purchasing (at U.S. taxpayer's expense) large gambling bets (derivatives) against the true value of intrinsic metals. The result is that they have rigged the value of metals to discourage investors from purchasing gold and silver instead of U.S. Federal Reserve Notes. This is a measure by the PPT to plug a large hole in the bursting dam of the financial bubble, but even Hans Brinker cannot stop this leak. The bottom line? Stick with history and prepare for the financial explosion. When the bubble deflates and pops, economic deflation will control our daily lives. The PPT cannot continue to spend what it doesn't have. The retirement funds they are "borrowing" from are already exhausted. Get yourself some gold and silver... it will buy your bread to survive in the coming future... while paper Federal Reserve Notes will burn in your furnace to heat your homes. http://worldvisionportal.org/wvpforum/viewtopic.php?t=204
can't argue with you there stock777......your wisdom and insight are matched only by your marvelous economy with words.....thanks for the input. grimer11
Grimer.. I disagree completely. Yesterday the markets were selling off... but no where near a serious plunge of any sorts. It looked more to me as ordely selling... it was not panic total in your face like we saw in 2000. Also.. I bet most of that bounce came from the S&P 200ma bounce. In many ways thats a self fullfuling prophecy and I bet the hedgies were just waiting for the market to touch it to either cover their shorts or go long. --MIKE
Gee, this thread is predicting a great economic disaster caused by deflation. This thread is predicting rampant inflation and economic disaster. http://www.elitetrader.com/vb/showthread.php?s=&threadid=32675 Kind of reminds me of the second law of economic forecasting: For every economist who holds an opinion of economic direction, there exists a second economist who holds the opposite opinion, and they are both wrong. DS
fair enough.....gamma girl on cnbc was saying massive bets have been laid in the last week that the last pin falls out of the door..I remain patiently short and sold into yesterdays price action which smelt to me like the death throes of a dying patient....but I guess we'll know by next weeks options expiry.......massive qqq put interest at 34 and 33 which although only 1 and 2 "points" away look like miles out to sea.
As far as rising interest rates go - I can remember getting a business loan with a partner in the early 80's for 40k (80 or 81 as best as I remember) and at the time the interest rate was 15 percent. After much shopping that was the cheapest that we could find and both of our credit historys were good. So I'm not real concerned about the interest rate rising a little bit from where it is now. This is not to say that I agree or disagree with the article. I'm just saying that interests rates alone going up a few points will not likely wreck our economy. (other factors might) I do believe that there is a PPT. I'm not smart enough to know whether or not the author of the article is correct about his explosion\deflation theory (implosion would seem a more fitting word to couple with deflation), but that's why I'm a daytrader that has a sign mounted to my mission control center that reads: "Right Now - What is this Market Telling Me - Right Now" This is not to say that I pay no attention to longer timeframe technicals. Case in point: IF and when NQ (the only thing I trade) breaks 1363-62 area, I'll probably short the heck out of'er!!! cover some or all, a little ways down the line and if she comes back up to that area, short the heck out of her again. (using protective stops of course)