Yesterday 9:55 PMtalkcover wrotehttps://www.youtube.com/watch?v=6Mfw_LUwo08
Peter Schiff :Obama Hands Trump Huge Bubble
Huge bubble may burst when Yellen prick it by increasing interest rates. Most traders are now aware of the inherent high risks of going long by playing short term using TA powered algos. Longists can turn shortists intraday when the technicals changes. The game is who get caught at or before future expiration dates. There will be panic short-covering when technicals u-turn up and shorting when technicals turn bearish. No longer safe for investing as the markets are behaving like casinos with all sorts of derivatives, futures, binary options, etc. Those books publish by New York Times are written by failures just like their rubbish fake news. Newbees will be paying high tuition fees through heavy losses after following their theories. No need to read the rubbish MSM fake news to make money when you have full fate in your technical tools that work. Big con syndicates are at work in Wall Street.
Hussein Obama over the last 8 years together with members of G20 nations, IMF and the central banksters are rigging financial markets to rip off the small traders and investors. Nothing is for long term. Trading now is strictly based on algos and works intraday. Unless, you get the timing right, the momentum is up or down lasting 1 day 10 min to 3 days at most before it reverses. Most of the time, it is for intraday trading in both directions as the volatility is too much for overnite holding. If uncertain, just stay out. Better don't bet that Trump will audit the Fed.
Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee (GATA), says recent bombshell evidence shows intense central bank “interventions” at the CME Group, which handles $1 quadrillion ($1,000 trillion) worth of business annually. Powell explains, “The greatest documentation that’s come out recently has been filings by the CME Group which operates the major futures exchange in the United States. They filed a letter with the U.S. Commodity Futures Trading Commission (CFTC) . . . showing that central banks are receiving special volume discounts for trading futures on all the major futures exchanges, not just financial futures contracts and metals futures contracts, but even agricultural futures contracts. The CME Group’s most recent 10-K filing with the U.S. Securities and Exchange Commission (SEC) lists its customers. Included in that list are governments and central banks. This is really a sensational development. Nobody can trade against central banks, they create infinite money. If central banks are secretly trading in the futures markets, there are no markets. The CME Group defended this as a matter of adding liquidity to the futures markets, but it’s liquidity in the sense of the Atlantic Ocean.” That means central banks are controlling all futures prices in the United States. Remarkably, this cannot be reported in the crooked financial news media. That means our market economy has been destroyed. It really means our democracy has been destroyed because they don’t tell us what they are doing.
Read more at: http://usawatchdog.com/central-banks-secretly-controlling-all-futures-prices-chris-powell/