Large Sarge
10th October 2013, 10:41 AM
Many times over the air on various radio shows and great many articles I painstakingly detail that we do not have a “REAL” ECONOMY in the United States and in much the western Industrialized world. Our booms over the last 50 years have been caused by even greater busts. All orchestrated by the maestros of this fraudulent symphony known as fractional reserve lending, fiat currency, and compound interest.
Bubble after bubble we have stumbled our way through history, saved time and time again by the mechanisms of endless money printing and easy credit. Many of us thought to ourselves that we were invincible, after all we posses ownership of the printing press, thus we thought that we had the Goose that Laid the Golden Egg.
For a century we have looked to the Central Bankers to guide our financial ships of states through the storms and inclement weather of global economics. It is a shock to most that raving teenagers at a drug induced frat party could have done a better job.
Over the course of many years and the continued drive of the banksters to accumulate more and more wealth while eliminating more and more of their competition, they have made the process of wealth creation a humanless affair. One that is performed by computers using advanced algorithms or algos for short.
You can see that in the digital casino the very odds are stacked against you exponentially. How can you as a trader compete with a machine that can move in and out of stock positions in nanoseconds? In a game where every second counts the human stands NO chance in even competing.
Thousands of trades in thousands of equities traded in seconds, in and out and a profit made or lost. Folks this is done by the very architects of the market who do not fully control the market; they have the next best thing: they MANIPULATE IT!
Manipulation is better than full control in a society like ours. Mostly for the fact that people for the most part are averse to full on dictatorships and tyrannies. The technocratic elite understands this, as there is still much more blood to be squeezed from the stone that is the American middle class, the full on shackles of slavery have been held back in favor of a velvet, sophisticated form of bondage.
When one plays in this manipulated market, one thinks that he is free, that he has a choice and whether win or lose he does so on his own merits. To a point such said statements are true, the problem is that the bigger picture and DIRECTION of the market is MANIPULATED.
Similar to derivatives which were designed to allow the money powers to play while bypassing all political and financial regulations. Manipulating the politicians who do not have the abilities or education to understand how the con-game of derivatives works. Algos were much designed to do the same thing, confuse and manipulate the private investor and the would be broker.
Algos designed by physics and math whizzes( we call them Quants) from prestigious schools like MIT have helped create the most dangerous market in HISTORY. Today’s market does not even resemble that of when Lehman Bros collapsed, the market today is dark, unpredictable, non-transparent and lighting fast. Take the sum of these characteristics and does it not surprise you that many Americans DO NOT TRUST Wall Street anymore.
Still they come, the private investor thinking that he too can have a seat at the table of the wealthy. Fueled by ignorance, a burning desire to make it rich and a blind trust in his broker, Joe Investor continues to lose BIG. With promises of course that one day it will pan out. After all it’s just a “cycle”.
Stock exchanges now execute trades in less than a half a millionth of a second—more than a million times faster than the human mind can make a decision. Financial firms deploy sophisticated algorithms to battle for fractions of a cent. These programs exploit micro movements and long-term patterns in the markets, buying a stock at $1.00 and selling it at $1.0001, for example. Do this 10,000 times a second and the profits add up. Constantly moving into and out of securities for those tiny slivers of profit—and ending the day owning nothing— this my friend is known as high-frequency trading.
It is amazing if one were to track the holding pattern for a stock fifty years ago it was in the neighborhood of five years. Back in the days of “conservative”, “long term” where the catch phrases. Today a stock is held for less than five days! Truth is folks close to 80% or more trades on Wall Street are done by Algos, computer to computer with NO human involvement.
Algos along with the constant money deluges from the FED have have added to the problems of true valuations. Investing these days comes down to how fast one can purchase and off load a company’s stock NOT how much a company is really worth! Adding considerable problems to stock valuations thus what a true value of a company is. Do you see a problem with this? I do!
These systems and programs are not without fault. Enter the latest phenomenon that many of us became accustomed to back in 2010 when the DOW dropped 1000 points out of no where back in May 6th, enter the FLASHCRASH. Every stock in every exchange traded fund plunged in price in minutes. Over 300 securities experienced wild swings, trades where executed for little as a penny and as high as $100,000. In a matter of minutes $1 Trillion Dollars were wiped from the market before things stabilized.
A mistake? I have it on good word that it is not. Behold another quill in the arsenal of the elite. I remember the very same week some sort of Algo was let lose on the NYSE. Eating as much as 10% of the bandwidth and accounting for 4% of all activity that day, yet the darn thing did nothing but cancel orders. A test they say and till this day NO ONE knows where it came from?
Folks Wall Street is addicted to speed. Do you know that adding one foot to a fiber optic capable makes it .0001 tenth of a second slower? Hence there are private companies that are paid to have servers linked by high speed wire to high speed wire from Chicago to NY all in the hopes of shaving off a millionth of a second. The NYSE charges firms for a service that allows them to put their servers closer to the fiber optic wires for more speed! Is this a stock market or NASCAR?
Folks the most amazing thing about these flash crashes is that it totally bypassed the fail safes. None of the fail safes triggered or even halted trading, that concerns me greatly. I firmly believe the market ending event will be a flash crash that will wipe out tens of trillions of dollars in a matter of two to three minutes. This will coincide with the much talked about “Bank Hack” and wealth confiscation of Americans.
As I said before…..We have NO ECONOMY.
Bubble after bubble we have stumbled our way through history, saved time and time again by the mechanisms of endless money printing and easy credit. Many of us thought to ourselves that we were invincible, after all we posses ownership of the printing press, thus we thought that we had the Goose that Laid the Golden Egg.
For a century we have looked to the Central Bankers to guide our financial ships of states through the storms and inclement weather of global economics. It is a shock to most that raving teenagers at a drug induced frat party could have done a better job.
Over the course of many years and the continued drive of the banksters to accumulate more and more wealth while eliminating more and more of their competition, they have made the process of wealth creation a humanless affair. One that is performed by computers using advanced algorithms or algos for short.
You can see that in the digital casino the very odds are stacked against you exponentially. How can you as a trader compete with a machine that can move in and out of stock positions in nanoseconds? In a game where every second counts the human stands NO chance in even competing.
Thousands of trades in thousands of equities traded in seconds, in and out and a profit made or lost. Folks this is done by the very architects of the market who do not fully control the market; they have the next best thing: they MANIPULATE IT!
Manipulation is better than full control in a society like ours. Mostly for the fact that people for the most part are averse to full on dictatorships and tyrannies. The technocratic elite understands this, as there is still much more blood to be squeezed from the stone that is the American middle class, the full on shackles of slavery have been held back in favor of a velvet, sophisticated form of bondage.
When one plays in this manipulated market, one thinks that he is free, that he has a choice and whether win or lose he does so on his own merits. To a point such said statements are true, the problem is that the bigger picture and DIRECTION of the market is MANIPULATED.
Similar to derivatives which were designed to allow the money powers to play while bypassing all political and financial regulations. Manipulating the politicians who do not have the abilities or education to understand how the con-game of derivatives works. Algos were much designed to do the same thing, confuse and manipulate the private investor and the would be broker.
Algos designed by physics and math whizzes( we call them Quants) from prestigious schools like MIT have helped create the most dangerous market in HISTORY. Today’s market does not even resemble that of when Lehman Bros collapsed, the market today is dark, unpredictable, non-transparent and lighting fast. Take the sum of these characteristics and does it not surprise you that many Americans DO NOT TRUST Wall Street anymore.
Still they come, the private investor thinking that he too can have a seat at the table of the wealthy. Fueled by ignorance, a burning desire to make it rich and a blind trust in his broker, Joe Investor continues to lose BIG. With promises of course that one day it will pan out. After all it’s just a “cycle”.
Stock exchanges now execute trades in less than a half a millionth of a second—more than a million times faster than the human mind can make a decision. Financial firms deploy sophisticated algorithms to battle for fractions of a cent. These programs exploit micro movements and long-term patterns in the markets, buying a stock at $1.00 and selling it at $1.0001, for example. Do this 10,000 times a second and the profits add up. Constantly moving into and out of securities for those tiny slivers of profit—and ending the day owning nothing— this my friend is known as high-frequency trading.
It is amazing if one were to track the holding pattern for a stock fifty years ago it was in the neighborhood of five years. Back in the days of “conservative”, “long term” where the catch phrases. Today a stock is held for less than five days! Truth is folks close to 80% or more trades on Wall Street are done by Algos, computer to computer with NO human involvement.
Algos along with the constant money deluges from the FED have have added to the problems of true valuations. Investing these days comes down to how fast one can purchase and off load a company’s stock NOT how much a company is really worth! Adding considerable problems to stock valuations thus what a true value of a company is. Do you see a problem with this? I do!
These systems and programs are not without fault. Enter the latest phenomenon that many of us became accustomed to back in 2010 when the DOW dropped 1000 points out of no where back in May 6th, enter the FLASHCRASH. Every stock in every exchange traded fund plunged in price in minutes. Over 300 securities experienced wild swings, trades where executed for little as a penny and as high as $100,000. In a matter of minutes $1 Trillion Dollars were wiped from the market before things stabilized.
A mistake? I have it on good word that it is not. Behold another quill in the arsenal of the elite. I remember the very same week some sort of Algo was let lose on the NYSE. Eating as much as 10% of the bandwidth and accounting for 4% of all activity that day, yet the darn thing did nothing but cancel orders. A test they say and till this day NO ONE knows where it came from?
Folks Wall Street is addicted to speed. Do you know that adding one foot to a fiber optic capable makes it .0001 tenth of a second slower? Hence there are private companies that are paid to have servers linked by high speed wire to high speed wire from Chicago to NY all in the hopes of shaving off a millionth of a second. The NYSE charges firms for a service that allows them to put their servers closer to the fiber optic wires for more speed! Is this a stock market or NASCAR?
Folks the most amazing thing about these flash crashes is that it totally bypassed the fail safes. None of the fail safes triggered or even halted trading, that concerns me greatly. I firmly believe the market ending event will be a flash crash that will wipe out tens of trillions of dollars in a matter of two to three minutes. This will coincide with the much talked about “Bank Hack” and wealth confiscation of Americans.
As I said before…..We have NO ECONOMY.