Digital Money = Rigged Markets! Why?

Image result for rigged markets

Today’s Wall Street Journal had an article entitled “Silver Futures Plunge For a Flash Crash Moment”. The issue was the dumping of futures contracts (naked shorts) on the CME electronic exchange (probably the Globex Exchange: Some 5,000 contracts were dumped at the late hour of 7 p.m. EDT. The price of silver dropped from $16 to $14.30 in a moment (second). Is this an error or is this typical of what our government can now do to manipulate prices in real-time?


I have been watching this same trading action for the past 6 years on and other electronic websites. Some trader will dump digital futures contracts on the markets to suppress our historical silver/gold prices at weird hours (early morning and/or late in the evening). All this merely to create huge price drops in these historical precious metals. Is there a REASON for this behavior? I think so! Our corrupt digital money authorities desire that silver prices and gold prices be suppressed to further their agenda of creating a global cyber money system.


Today, we live with a rigged international cyber trading system. Digital money allows our Central Banks (who can create these digits out-of-nothing) to trade our markets and rig prices at will. Why do you think that our general stock markets continue to go up and up as dire international events happen daily? These government traders can rig any market with their digital money (now unlimited) and this deceives, manipulates, distorts, and causes all these flash crash events within our computer screens. The system is rigged, folks, from the TOP…and few seem to discern this reality.


Think of a system where a few select Central Bank trading rooms (say in New York and Basel, Switzerland) are purposely trading all our electronic markets and causing these upward movements within our electronic stock markets and simultaneously causing silver and gold prices to be suppressed continually. All this can now be done using ‘algorithms’ and trading robots. Our speed of light trading markets allow HFT robots and algorithms to trade and manipulate all our markets at the choice of select governmental authorities. All this is done because our markets are now digital/cyber/imaginary markets (operating in cyberspace).


Think of traders in facilities (operating behind closed doors) with instructions to trade select markets, stocks, bonds, commodities, options, and futures to merely influence a trend so that confidence can be sustained among the vast horde of private traders and the public. This is now possible as our Central Banks trade our markets. Think of Central Banks with unlimited digits in which to trade our markets. How can this be fair and equitable for our overall trading system? It is pure fraud, corruption, and illegal actions by select traders working for our criminal governments.


Yes, all our electronic markets (some 65 major markets on our planet) can now be illegally traded by our Central Banks and their governmental proxies. The silver price if left to private trading would now be in the multi-hundreds. Gold would be in the range of $5,000 or more. These historical metals would be warning us that the SYSTEM is corrupted and dysfunctional. But select governmental authorities have chosen to suppress the prices of these metals to further their corrupt regime of cyber money. It is OBVIOUS to me as I have been watching this activity for the past 10+ years.


It is time to expose these governmental criminals who operate behind closed doors. The operation at the New York Fed is one institution which needs media attention. Someone needs to request that the these traders on the 8th, 9th, and 10th floors, 33 Liberty Street, N.Y., be exposed and monitored.  The other is the Bank for International Settlements in Basel, Switzerland. This Central Bank of all central banks has at least two trading operations manipulating our markets. One in Basel and another in Honk Kong. What other Central Banks are trading our markets? Does anybody know?


Some of the other manipulators which continue to distort our markets with their policy decisions are: the Bank of Japan, the European Central Bank, the Bank of England, the Peoples Bank of China, and the Bank of Switzerland. Another market which is absolutely corrupt is the stock market in Venezuela (Caracas General: This market ignores the economic issues and merely pumps up the few stocks held by the extreme wealthy in Venezuela and ignores the general economy which is totally collapsing.


With digital money and rigged markets we now need to expose the culprits (I call them criminals which operate behind closed doors). Exposure brings ‘light’ to their operations and this would allow our private traders to witness this corruption and illegal activity. Digital money is technically illegal as it has not been approved by our Constitution, our Courts, or our Congress as official legal tender. Digital money creates ALL our rigged electronic markets. Think on this! I am:


P.S. Also think about the nature of economics when you think about who rigs all our markets. We have a TOP/down system where a FEW governmental elites and their proxies dictate who gets this corrupted money and who can survive when our cycle changes to a correction. Essentially, those who understand money will recognize that our system is now a DICTATORSHIP of Central Banks and a few governmental elites! The public are now enslaved to this hierarchy of Central Banks and the criminals who run this system. Let’s wake-up the media pundits who can expose these criminals!


Image result for central banks rig all our markets

Rigging of silver and gold prices has been a policy since 2011. It is obvious to me!

Image result for rigged markets

A few are waking up to the rigging, manipulation, distortions, and price suppression schemes!

Image result for rigged markets, silver crash flash

Who trades merely to suppress a metal like Ag and Au? Think of governmental proxies operating behind closed doors!

Image result for rigged markets, silver crash flash

A trading algorithm most likely caused this instant drop in price! Who is behind this action?

Image result for rigged markets, silver crash flash

Image result for rigged markets, silver crash flash

This happened on Thursday, June 6, at 7 p.m. EDT! Who was behind this drop (from $16.00/ounce to $14.30/ounce)? This has been SOP for years! It’s time to EXPOSE the culprits operating behind closed doors. All our markets are now RIGGED!!!


John G Added Jul 8, 2017 - 8:19pm
People who understand money are laughing at people like you listening to the Alex Joneses and Peter Schiffs of this world.
Donald Swenson Added Jul 8, 2017 - 8:37pm
I do my own thinking, John. I do not even watch Alex Jones or Peter Schiff. I have heard them on occasion but I do not view them as sound when it comes to our digital markets. D
John G Added Jul 8, 2017 - 8:43pm
I do my own thinking, John.
Donald Swenson Added Jul 8, 2017 - 8:47pm
LOL all you want. My missives are done privately. I copy none. I think independently. I teach the history of money. I have had thousands who have taken some instruction from me on the issue of money, banking, the Fed, the origin of money, Capitalism, and today's digital economy. Give me your resume, John. D
John G Added Jul 8, 2017 - 8:54pm
You don't teach the history of money. You prattle about fables that the mainstream economics text books teach to misinform the public.
You're a fraud and a charlatan. And a dishonest, disingenuous poster.
John G Added Jul 8, 2017 - 9:00pm
And standing on street corners with a sandwich board yelling at the traffic isn't teaching.
Donald Swenson Added Jul 8, 2017 - 11:04pm
Where did you get your economic education? Provide details. D
Donald Swenson Added Jul 8, 2017 - 11:07pm
My core research comes from two economist. One from U of Illinois, Mr Kemmerer. The other from U of Southern Illinois, Dr Karl Weigand, professor emeritus. D
John G Added Jul 8, 2017 - 11:16pm
For someone who won't answer straightforward questions and skates over inconvenient facts without comment, you have some nerve making demands of me. What arrogance.
What I learnt at university was largely the neoclassical drivel that you believe. I've learnt real macro since.
You don't know any macro that I can see.
Donald Swenson Added Jul 8, 2017 - 11:25pm
If you learned some macro reveal your sources, John. I am pleased to reveal my sources. D
Donald Swenson Added Jul 8, 2017 - 11:27pm
Have you read the recent publication, One Nation Under Gold? If not, why Not. D
John G Added Jul 8, 2017 - 11:44pm
Because the gold standard was an absurdity and a constant disaster.
Unlike you I'm interested in economies that promote social progress, not poverty, death and war.
Donald Swenson Added Jul 9, 2017 - 12:23am
I am getting the message, John. You desire Socialism and Communism for our country. Is this perception correct?
John G Added Jul 9, 2017 - 12:37am
Donald Swenson Added Jul 9, 2017 - 12:56am
John, What is your message for me and this blog? What are you attempting to promote? I may agree with you if I knew. D
John G Added Jul 9, 2017 - 1:34am
I've tried to steer you into rational discussion but you've dishonestly skated away from anything that diverges from your nutty religious conspiracy theory.
You won't provide any evidence for your assertions (because you can't) you can't do simple balance sheet accounting where your theories could be proved or disproved (the latter clearly being the case) and simple maths seems beyond you.
I'm 'promoting' the diametric opposite to what you are promoting.
The truth about money, how the system works, how the system we have can be used for society's benefit and how you and your ilk are being misinformed to promote actions against your self interest and those of your fellow human beings outside the capitalist parasite class.
You won't agree with me because you are mesmerised by gold and appear to be a social and economic Darwinist with anti-social tendencies.
Dino Manalis Added Jul 9, 2017 - 9:34am
Digital money has to be backed by real money, that's why we always need a strong economy with consistent pro-growth policies!
Katharine Otto Added Jul 9, 2017 - 11:04am
This is why I encourage people to abandon Wall Street for Main Street.  For those who have savings, though, this is difficult to do, especially when the banks themselves are caught up in the funny money illusion.
I would add that those who control (but don't own) large pots of money, like state retirement pensions, can influence the stock market with single large transactions.  Also, I've noticed the Wall Street Journal consistently lets us know how much money their sources (like hedge fund spokesmen) control.  I take this as a subtle hint that those people's opinions carry a lot of weight.  Whether they are telling the truth is anyone's call.
Also, gold futures on Wall Street are not the same as real gold. Paper or computer screens that say you own gold is potentially as evanescent as the ions on the screen.  Maybe a partial fix would be to allow tangible gold and silver to become legal tender again. Whatever happened to Ron Paul's Free Coinage Act?
Katharine Otto Added Jul 9, 2017 - 11:06am
Another thought:  Currency trading has become an addiction for some.  Could this contribute to these wild swings?  
George N Romey Added Jul 9, 2017 - 12:22pm
Great comments Katharine. Markets have been rigged by Central Bank intervention and owning of equities and bonds.  Add to that the bots that are doing high frequency trading and there is no more price discovery mechanisms.
Bill Kamps Added Jul 9, 2017 - 12:42pm
Donald, markets are indeed "rigged" to a certain extent, in the sense that there are first movers out there leading the trading, and high frequency algorithms that give advantages to their owners, over the average person.  In addition there is insider information which  has existed in all trading markets, as long as there have been trading markets.
However, a flash crash like what we saw in silver, is not evidence of manipulation.  The price recovered in a matter of minutes, so whomever sold at the bottom, could have gotten a better price minutes later.  It is difficult to see who "won" instigating this trade. 
The trade is evidence of trading programs that trade large amounts of contracts in a very non-liquid market.  Most markets are not very liquid during off hours, and it doesnt take a large buy or sell contract to move them a lot.  My guess is that whomever did the large sell, is not happy with the price they got, since they could have sold more slowly and gotten a better price.
Jeff Jackson Added Jul 9, 2017 - 2:55pm
No one remembers Knight Capital?
They were one of those high-frequency traders who lost $460 million in the blink of an eye- and had the nerve to ask for it back! Rigged game? Look at a firm that can have their algorithm go bad, and ask for their money back. As far as gold and silver, we're in the 21st century. Gold and silver are metals that you can dig out of the ground. The national currency is based on the economy, (you know, things like GDP and that) not what people can dig out of the ground.
George N Romey Added Jul 9, 2017 - 4:33pm
In 1971 when Nixon took us off the gold standard the US had a viable real economy and its economic future wasn't in doubt.  Today we are living in a debt fueled real estate, stock market, and bond market bubble.  Not surprising people have serious doubts about our viability and that could mean a collapse of our fiat currency. 
John G Added Jul 9, 2017 - 4:43pm
Gold bugs, gold bugs everywhere. The gold standard was a constant failure. That's why it never lasted. It just put the people with the gold in charge.
Jeff Jackson Added Jul 9, 2017 - 5:20pm
For once I agree with John. We has as many economic meltdowns with gold as we had without it. And, as I have attempted to point out much to my being ignored, if gold is the standard and someone wants to try hard enough, they can mine enough gold to bring the value down to almost nothing, and gold has very very limited uses beside currency and jewelry, and beyond that, very few uses.
This notion that a metal dug from the ground, which is nothing more than a commodity (if you want to use commodities, why not titanium, platinum, uranium) should be used to base our currency is nothing more than the ghost of a body that was dead and buried scores ago, and these people seem to endlessly rationalize why we should return to wealth that comes out of the ground rather than wealth that comes from ingenuity, knowledge, and labor, you know, those things that are measured as the GDP.
John G Added Jul 9, 2017 - 5:24pm
The rich love the gold standard when it is used to justify no little to no social spending.
They hate it when it stops them going to war to pillage other peoples or the schemes that benefit them.
Anyone who thinks that too much government spending is our problem has rocks in their head or is irrationally frightened by big numbers in spreadsheets.
Donald Swenson Added Jul 9, 2017 - 8:39pm
The history of money reveals that money is a proxy for VALUE. The marketplace must determine what is a sound proxy for VALUE. Silver and gold we're chosen as proxies for many psychological reasons. At America's founding our Congress rejected mere paper for the precious metals. To understand money one must understand this concept called Value. We trade value (not money) within International markets. Money is merely the proxy. Study the history of money to understand the roles of Value and money. D
Donald Swenson Added Jul 9, 2017 - 8:43pm
A currency was originally invented to assist with Valuation of exchanges. A currency is different from money. Money represents value. A currency is used as a tool to measure or calculate value. All trade revolves around this concept called'value'. D
Donald Swenson Added Jul 9, 2017 - 8:45pm
To work long term a currency needs to be defined in terms of a money item. America's dollar (our currency) was originally defined as 371.25 grains of silver. 
Donald Swenson Added Jul 9, 2017 - 8:49pm
Today we do not use money for exchanges. We use an imaginary unit of consciousness as our currency. Look at your computer screen as this unit of consciousness resides within the screen (cyberspace). D
Donald Swenson Added Jul 9, 2017 - 8:51pm
Imaginary currencies will eventually disappear as they do not technically EXIST. They are Virtual units of nothing. D
Donald Swenson Added Jul 9, 2017 - 9:03pm
IMO Katherine and George have the best understanding of the role of money in a society. The issues, however, are complex as I have been teaching this subject for 50 years and find that few comprehend the core concepts: value, money, currency, trade, exchange, surplus productivity, private property, Capitalism. D
John G Added Jul 9, 2017 - 10:30pm
I have been teaching this subject for 50 years
Sure you have, buddy. Sure you have.
Donald Swenson Added Jul 9, 2017 - 11:08pm
You can learn if you desire, John. Add a little humility to your character and you will be learning quickly. It is up to you! D
John G Added Jul 10, 2017 - 1:49am
You can learn if you desire, John.
Every day is a learning experience for me. But I've heard your nonsense from hundreds of dolts over the years and know it to be false, irrational and religious rather than academic or science/maths based.
And you, as a poster who outright ignores the posts of others, are in no position to judge. It just makes you a hypocrite.
Have you read Graeber yet?
Of course you haven't. You don't want to learn.
John G Added Jul 10, 2017 - 2:52am
Read it, numb nuts.
Katharine Otto Added Jul 10, 2017 - 12:14pm
Thanks for the affirmation.  The idea that money is a symbol for value is supported by some of the spiritual disciplines, too.  While others discount commodities, I believe commodity money is ultimately the most valuable.  You can't eat gold, stocks or cash.  And should the dollar collapse or deflate substantially, we will most likely see a lot of commodity money changing hands, because people have to eat.  If (when?) the crash comes, the penthouses have farthest to fall.
Donald Swenson Added Jul 10, 2017 - 1:26pm
The concept of value is an inner concept... subjective. This means my house value can drop, decline, deflate... eventually to zero. John can not comprehend these spiritual concepts. You, Katherine, seem to comprehend. All our digital currencies, called money, can disappear back into our consciousness when the coming crash arrives. John G can not discern this spiritual reality. His mind is not 'born again'. D
John G Added Jul 10, 2017 - 2:01pm
You cannot discern what I cannot cannot discern. You are a reply ignorant fool.
Donald Swenson Added Jul 10, 2017 - 5:08pm
Your character continues to grow in stature, John. Why did the Pilgrims start Capitalism back in 1621? Do you have a clue? Money starts out as a 'spiritual' concept as it derives from our 'spiritual' heritage. D
John G Added Jul 10, 2017 - 11:04pm
The Pilgrims? You are not sane.
Donald Swenson Added Jul 10, 2017 - 11:10pm
I'm talking about Capitalism for America, John. The Pilgrims experimented with Socialism and discovered that people did not work under a communal system effectively. Food soon disappeared and new crops were not planted. So the experiment ended and private property was invented to replace Socialism. America then grew up with private property, production, and Capitalism. Were you aware of this, John? D
John G Added Jul 11, 2017 - 2:47am
You can't be serious. 
This is the superficial level of your understanding of socio-political events?
Donald Swenson Added Jul 11, 2017 - 1:37pm
I am serious, John. 
John G Added Jul 12, 2017 - 2:13am
Then you're a misinformed old fool peddling lies and falsehoods.
Saint George Added Jul 16, 2017 - 9:19pm
You are a reply ignorant fool.
It certainly takes one to know one.