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Uk Stock Market Plunge Protection Team

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Dropping the discount rate by an unexpected 50 bps is exactly the sort of thing the working group is intended to do.

Calling them the PPT is stupid, ignorant, misinformative and an outright misrepresentation of the truth.

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Guest DissipatedYouthIsValuable
Dropping the discount rate by an unexpected 50 bps is exactly the sort of thing the working group is intended to do.

Calling them the PPT is stupid, ignorant, misinformative and an outright misrepresentation of the truth.

Apologies. I meant the Anti-Armageddon Money Pumper Squad.

And if the money pumped in to protect the market has a cost even if just based on interest, who's going to be paying that?

Me? My children, if I ever get ******ing round to having any because the gang of ***** running this country think it's ******ing prosperity to deprive anyone of anything other than a ******ing newbuild one bed flat that they can pay with for the next forty years?

I don't give a toss what this group is called. And if there isn't going to be any inflation, and this pumped in money is entirely 'free', why the ****** should a gang of greedy whores in the City get it?

What you should realise is that your kind only exist if we allow you to exist, and we're waking up en masse.

Don't think I won't eat your raw beating heart with joy if I get the chance to tear it out of you.

Edited by DissipatedYouthIsValuable

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Dropping the discount rate by an unexpected 50 bps is exactly the sort of thing the working group is intended to do.

Calling them the PPT is stupid, ignorant, misinformative and an outright misrepresentation of the truth.

What ever name you call it, it has the same effect. You must admit that the free market is a deception and what the fed doing is controlling the markets so much that you cant loose however badly you play it.

It wont work in the long run but its blatant, in your face, market manipulation none the less.

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:lol: Take the tinfoil hat off mate. There's no such thing as the PPT.
Secrets Of The Plunge Protection Team

The Four Derivative US Dictators

By Michael Edward - rense.com

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. © 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.

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Apologies. I meant the Anti-Armageddon Money Pumper Squad.

And if the money pumped in to protect the market has a cost even if just based on interest, who's going to be paying that?

Me? My children, if I ever get ******ing round to having any because the gang of ***** running this country think it's ******ing prosperity to deprive anyone of anything other than a ******ing newbuild one bed flat that they can pay with for the next forty years?

I don't give a toss what this group is called. And if there isn't going to be any inflation, and this pumped in money is entirely 'free', why the ****** should a gang of greedy whores in the City get it?

What you should realize is that your kind only exist if we allow you to exist, and we're waking up en masse.

Don't think I won't eat your raw beating heart with joy if I get the chance to tear it out of you.

I couldn't have put it better my self (not sure about the raw heart, maby with some farver beans and a nice chianti).

I'm sure this sort of free market situation is what Carl Marx was talking about when he said that communism would naturally emerge from capitalism.

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Sure the "plunge protection team" is just a silly made up name, but it's a name for a real entity, the Working Group on Financial Markets set up by Reagan in '88. Members are: the Secretary of the Treasury, (as Chairman), the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the Securities and Exchange Commission and the Chairman of the Commodity Futures Trading Commission.

Their exact behaviour is unknown but their remit is "enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence".

Edited by clv101

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Calling them the PPT is stupid, ignorant, misinformative and an outright misrepresentation of the truth.

:o:blink:

No! This name is in fact the most precise & brief outline of their work that I could think of.

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Guest DissipatedYouthIsValuable
Sure the "plunge protection team" is just a silly made up name, but it's a name for a real entity, the Working Group on Financial Markets set up by Reagan in '88. Members are: the Secretary of the Treasury, (as Chairman), the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the Securities and Exchange Commission and the Chairman of the Commodity Futures Trading Commission.

Their exact behaviour is unknown but their remit is "enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence".

Otherwise known as 'making shit up'

The generations caught up in massive long term debt will start feeling they have nothing more to lose.

Perfect conditions for a 'peasant' uprising.

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I couldn't have put it better my self (not sure about the raw heart, maby with some farver beans and a nice chianti).

I'm sure this sort of free market situation is what Carl Marx was talking about when he said that communism would naturally emerge from capitalism.

Well there is a decadence theory of Capitalism, that it would just get so rotten that the system would fail eventually.

Maybe thats what we are seeing. Maybe Gordon is up on his Marx, saw it coming and even helped it along

a bit. Who knows?

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I must say I do think that there has been some very weird action for about the last month or so in the closing hour on the DOW/S&P whic has staged some fairly spectacular rallies. I also sense it is happening in the oil price which seems to be fundamentally weak in that there is no strong backwardation in the spot/future relationship yet it seems to rally sharply after each sustained fall and especially towards the US close.

These patterns appear to be so striking that I toyed with the idea of running a statistical analysis to see if there was a non random pattern that could be detected. One way of doing that would be to do a Runs Test to see if sharp downward moves before lunch are followed by sharp rallies towards the close more frequently than could be expected from a random walk.

I am not suggesting manipulation by anyone (including the authorities), I have no evidence of that, but I have a sense that these patterns may be present and it would be an interesting analysis if I can get hold of the data. It may perhaps be explained by simple short covering, or perhaps systematic trading by automated computerised trading algorithms. Indeed, I strongly doubt that the authorities really have the resources to manage and coordinate such a thing over an extended period without it becoming known to the market.

Edited by Wad

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I am not suggesting manipulation by anyone (including the authorities), I have no evidence of that

Eh? Beg your pardon? What do you call the $billions pumped in during the past week by the world's central banks and today's discount rate cut by the fed then..?! :blink:

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ok, EVERYONE buying or selling securities or bonds is 'trying to influence the market'.

pretending there's an 'X-files' secret gang with unlimited power to stop bad things happening is just juvenile.

If they DO exist, they're doing a pretty piss poor job so far.

Ergo they dont exist, or are so useless, they might as well not exist.

OK???

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Apologies. I meant the Anti-Armageddon Money Pumper Squad.

And if the money pumped in to protect the market has a cost even if just based on interest, who's going to be paying that?

Me? My children, if I ever get ******ing round to having any because the gang of ***** running this country think it's ******ing prosperity to deprive anyone of anything other than a ******ing newbuild one bed flat that they can pay with for the next forty years?

I don't give a toss what this group is called. And if there isn't going to be any inflation, and this pumped in money is entirely 'free', why the ****** should a gang of greedy whores in the City get it?

What you should realise is that your kind only exist if we allow you to exist, and we're waking up en masse.

Don't think I won't eat your raw beating heart with joy if I get the chance to tear it out of you.

Wonderful level of aggression - i may cut this out and keep it (so to speak). You are obviously riven with jealousy and self loathing at your inability to buy even a modest home. Praying for the misery of others wont help you. Get a better salary. Buy a house.

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Guest Winnie
Wonderful level of aggression - i may cut this out and keep it (so to speak). You are obviously riven with jealousy and self loathing at your inability to buy even a modest home. Praying for the misery of others wont help you. Get a better salary. Buy a house.

Just as you are riven with arrogance, perhaps?

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pretending there's an 'X-files' secret gang with unlimited power to stop bad things happening is just juvenile.

Who's claiming anything like that? We're just talking about the Working Group on Financial Markets.

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