What Happened To The Plunge Protection Team, The FSB & OPEC?
Market Volatility and declining prices is the Bankers’ Buffet, and a nightmare of wealth transfer to the Loan-Sharks bankers in this Ponzi economy. Watch out for hostile takeovers and fire sales…
News reports announced that OPEC will not meet again until June 2015. Kuwait’s Minister of oil, Ali Saleh al-Omair expressed the view that oil prices will begin to recover in the second half of 2015. “The surplus in the market currently stands at 1.8 million barrels per day, and this is the main reason for the fall in oil prices.”
NOTE: Interestingly planned dates OPEC meeting in June, 2015, and SDR basket review July 2015. I see hidden plans within international monetary policy plans… ~Ron
Dubai’s bourse plunged 76 per cent in 2008 as the emirate’s companies struggled to repay debts and property prices crashed. This time around, however, debt and property markets are calm, and the volatility has focused on equities.
Geographically, though, negativity has spread from the Gulf across the whole Middle East, and markets in oil importing countries such as Egypt and Morocco have also fallen in the last few weeks.
Morocco’s central bank cut its benchmark interest rate to 2.5 from 2.75 pct on Tuesday to boost growth, and the move may lift the stock market. which has fallen 5.7 per cent from its November peak. –Reuters Dec 17, 2014
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The Carnage Continues – Middle East Stock Markets Are Bloodbath-ing
12/14/2014 zerohedge.com
Following Friday’s US weakness and UAE’s hint that $40 oil is coming next, the crude carnage continues as Middle East markets are crashing. As WSJ reports, the bearish direction of oil prices again spooked investors in Dubai where the DFM General Index finished down 7.6%, extending Thursday’s 7.4% rout. The bloodbath extended across the entire region with Abu Dhabi down 3.6%, Qatar slid 5.9%, Kuwait fell 2.9%, and Saudi Arabia’s market, the largest bourse in the region, retreated 3.3%.
Bloodbath-ing…
As one analyst warned:
“the severity of this decline could very well be explained by investors covering margin calls as leverage was used on the way up over the past year.”
And shows no signs of stopping…
Charts: Bloomberg
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DUNE, or DOOM
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War, Terrorism and the Evolution of Deception
Speaking of deception:
Institutional governance is a deception, by definition.
War is terrorism, and a policy of war on terrorism is a formula for perpetual war.
With increased awareness, and creative exercise of personal sovereignty the People on Earth will survive, will overcome authoritarian institutional governance, and will prosper. ~Ron
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10 Dec 2014 Budget Busters
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