“Is the U.S. stock market rigged?” –
Ramtha on the tenuous Markets, including metals
Photo credit: The New York Times
– “Is the U.S. stock market rigged?”
“Steve Kroft reports on a new book from Michael Lewis that reveals how some high-speed traders work the stock market to their advantage”
Click here for the report from CBS News “60 MINUTES” program which was broadcast March 30, 2014.
– “Fault Runs Deep in Ultrafast Trading”
“While the big Wall Street banks may have invented high-speed trading, it has gained widespread use because it has been encouraged by stock markets like the New York Stock Exchange, Nasdaq and Bats, an electronic exchange that was a pioneer in this area. These exchanges don’t just passively allow certain investors to connect to their systems. They have created systems and pricing tiers specifically for high-speed trading. They are charging higher rates for faster speeds and more data for select clients. The more you pay, the faster you trade.
That is the real problem: The exchanges have a financial incentive to create an uneven playing field,” quoting Andrew Ross Sorkin in The New York Times.
Read more
– UPDATE: November 26, 2014
“HSBC, Goldman Rigged Metals’ Prices for Years, Suit Says”
From Bloomberg News.
Read more
– UPDATE: December 17, 2014
“There Is Hope In Understanding That A Great Economic Collapse Is Coming”
By Michael Snyder, The Economic Collapse.
Read more
– Ramtha has spoken many times on the tenuousness of the stock market and economy
– “When I tell you to get out of the stock market, I mean it absolutely. If you choose not to — because your altered ego and your pride says I don’t know but you do — you get to enjoy the ride down.”
– Ramtha
August 10, 2011
Yelm, WA
Afternoon with Ramtha Afternoon
– “Monetarily speaking, your country is bankrupt. Your country does not have the gold reserves to back up their monies by fiat. At present, your economy is bankrupt and there will be a fall of the stock market to where your dollar goes to seven cents.”
– Ramtha
November 1986
Yelm, WA
– “In the days to come, your in-God-we-trust dollars should be invested in gold, for gold has sustained a three-thousand-year barter system. In the final analysis it will be the only thing that will have the value to buy your sovereignty completely when the transfiguration from economic monies to one card occurs.”
“The gold is to pay off your indebtedness so that no one owns you, and your foodstuffs are for your survival.”
– Ramtha
November 1987
Yelm, WA
Update on Changes – the Days to Come
– “I asked you to buy gold when it was cheap and put it up and not spend it. Just put it up. Its value will replace a destroyed currency. Are you not on that now? What is the value of gold? Everyone is going to it because the currency has no value. Do I think you should buy it now? You should have bought it a long time ago. That is what prophets do.”
– Ramtha
October 9, 2010
Yelm, WA
Afternoon Live-Stream