http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-

[BlueTurtle]

http://rt.com/news/rockets-russian-plane-syria-575/

so now.......the delay in prices reported tomorrow will be even more important.

oh, you need 2 more minutes to make 10 million?

sure.......and then when you retire you can talk about how hard it was making all your money.

lol

 

[BlueTurtle]

this article is too good.

+1

send it to the top so more people can read.

enjoy.

 

[denner]

Quote from the1:

The price of gas is exactly what came to mind as I read the 1st page of this article -- didn't even bother to read they rest. At any rate, the mainstream media ran a piece about falling gas prices and the high inventory levels as the price hovered around $3.65 per gallon in these parts. In a matter of days (days, as in 2) the price went to $3.99, then $4.15. Since when does gas jump $0.50 per gallon in 2 days? I remember when gas was stuck at $1.59 per gallon almost indefinitely. That was the price for years and years. Now? $0.50 jump in a day? There ain't a freaking way in hell the inventory levels changed so drastically to cause the price to drop from 4+ $'s per gallon, down to $3.65, and then back up to $4.15 where it currently sits. This is the purest form of price fixing or market manipulation. Anyone who has traded crude futures knows how leveraged these markets are and how much money can be made in a matter of days.

I actually hope it continues because they price swings are great for the pocket book if you can trade them but obviously, you don't have the advantage the banks do.

The simplest way to put it is "shit has been broken for at least the past decade", realistically longer than that, but the corruption that became rampant with all of the consolidation in the financial sector has made the rigging all the easier to achieve.

I remember during the 03-07 reflation that there was a neverending defense of crude oil prices rising up to $150/bbl as if the "free market" were responsible for a better than 10x rise in prices over less than a decade. In a heartbeat, crude lost 2/3rd's of its price once TSHTF.

 

[Bob111]

http://lexicon.ft.com/Term?term=bail_in

The US has already put in place bail-in-like powers as part of the Dodd-Frank financial reform act passed last year. The law includes a resolution scheme that gives regulators the ability to impose losses on bondholders while ensuring the critical parts of the bank can keep running.

where i can read more about it?
i get that part about bondholders,but what about cash on checking \savings accounts?


Thank you!

 

[S2007S]

You know you read an article like that and it makes you wonder why something like this on a scale so large is being ignored, is it not true whats happening or is it so true no one cares to even take notice of it...why isnt something like this on the front headlines, why arent there books and documentaries and people voicing their opinions on one of the biggest stories to come out of whats going on behind the scenes.....Is it one of those stories that just shows up once and is forgotten about or is it a story that comes to light and in a few years we look back on and say, it was right there in front of us the entire time!