With so much counter party exposure, with trails no one could ever follow, now you can understand why Central banks keep this market up at any cost.
So, if we’re getting some late stage run for glory which sends us ever higher, I don’t buy for a moment that it’s the general population finally diving in. I could however see it being the bankers printing even more than they acknowledge they are.
The greatest trick the banksters and their corporate cronies have ever pulled is to convince you that you are weak and powerless without their governmental puppets and regulatory lapdogs to (pretend to) protect you. That is a lie. The people have always held that power in their own hands.
We’re still leaning long, but keeping position size a bit lower than normal. So far it’s been working for us nicely, and I figure it should continue for a while. But as we get closer to the December rate hike from the Fed’s, I think there’s going to be a bit of nervousness out there, and that could shake some trees.
This is the plain truth of the matter: The bankers love whatever ideas, systems, beliefs and revolutionary movements will allow them to have more power over the lives of others.
Massive Fed intervention in the markets is back with a $161-billion-a-week vengeance, and needless to say it's going to be exploding on the markets like an atom bomb.
He warned the two U.S. officials of a "contagion" - with the implication being close one bank and the whole economy could suffer. What happened? Federal prosecutors stood down.
And, now, 12 years after the Great Recession, one can reasonably argue that depositors and investors shouldn't have to doubt whether they can trust the way banks measure their financial strength.