-- Posted Sunday, 22 March 2009 | | Source: GoldSeek.com
Analysis of News-www.analysis-news.com
Of Interest to Investors, Survivalists and Others Concerned About Their
Economic and Financial Futures
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With a focus on the Plutocrats, Goldsmiths, Super-Rich Insiders, and their Allies and
what they are conspiratorially doing to manipulate the financial markets, make more
profits, rip us off and install a world government under their control
By R. D. Bradshaw
Readers of the Goldsmiths have been exposed to the vast amount of manipulation and control present in the futures markets and particularly in the gold and silver markets. Suggestions have also been leveled at the question of options since they are being sold in the markets by the big banks involved in manipulating the markets. Accordingly, this Goldsmiths will broach the question of manipulating the sale of options.
My Recent Experience
For my own approach on the financial markets, I have mostly been staying away from the futures markets in general except for some options. But even on options, I am aware that the fat cat team of crooks manipulating the general futures markets is also manipulating the trading of options. To demonstrate this reality, let me recount a recent event that happened to me during the week that the futures’ contracts expired in grains in March 2009.
On the late Monday afternoon of that week, I saw a single option trade on a reasonably far out grain option that I was interested in (for Dec 2009). As noted in a prior Goldsmiths, these option sellers are becoming very caution on far out contracts. For whatever reason, it is sometimes hard to buy options for anything much in the future. This is particularly true with gold and silver.
So, on this Monday, I saw a trade of Dec 2009 options at 7 ¼. I thought I would be glad to have some of those options at that price so I checked the bid and offer. The bid then was 7 ¼ and there was no quoted offer or ask. Since this trade had just happened, I decided that I would enter my bid at the 7 ¼ mark and see what happened. Well, that Monday, I didn’t get an execution and the day closed at 7 ¼. So the next day, I left my good till cancel order in place for some of these options at 7 ¼.
Well, the next day I failed to get a fill. And instead, just before the close, there was another one sale at 7 ½. Thereupon, the market closed that day at 7 ½. So the next morning I changed my order to 7 ½. That day I didn’t get a fill and another one transaction happened at 8 just before the market closed. Well, the next day (Wednesday), I changed my order to 8. And again, I didn’t get a fill. But there was apparently a trade at 9 just before the close. The next day there was a single trade just before the close at 9 3/8. I then backed off and said I quit on that turn.
Whatever else can be said about this move, it was clear that near the end of the trading session, someone bought or sold a single trade of this option for four consecutive days which caused the price to go up from around 7 to 9 3/8. As I stopped at that point I am not sure what happened the next day. I must also note that since these single sales happened just before the close, it meant that the item closed up for the day.
What This Means
Probably different people could have different explanations on this series of events. In fact, some would say that it was all only a coincidence. But, being suspicious as I am of the crooks running the markets, I deduced in my own mind that the particular option was being manipulated to get the price up. In fact, I see no alternative here.
I don’t know what the bid was on the item on the Monday morning involved as I didn’t check it. My guess is that it was 7 with no offers. The one sale that day in the late afternoon could have been made by the seller of the options through an accomplice or a hidden alternative account. I think that this process was followed the next few days to get the price up from 7 to 9 and 3/8. All along, the message being conveyed was that the market for this item looked good as it was going up (although the futures market for grains that Wednesday were sharply down). But I was never able to buy it on the way up.
The Bottom Line
Of course, different people can read divergent things into the above scenario. But my own suspicious mind, plus my understanding of how big of crooks these guys are, led me to conclude that the item was being manipulated up. I don’t think there ever were any intentions of the part of the options dealer to sell the item at 7. I think the plan was to take it higher than 9 3/8.
It must be noted that this particular event happened on a reasonably far out item with a thin market. Since the transactions were broker traded at the pits, there could have been some collusion there as well. Surely, the actual skullduggery would have to be different in the case of items with big volumes. But I think the principle could have some relevance.
It goes without saying that if this flow occurred with grains, it could just as easily happened with gold, silver or anything else. In fact, there is enough evidence already in existence suggesting that indeed gold and silver are the most manipulated and controlled of all commodities.
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Back issues of the Goldsmiths, by the editor of the Analysis of News, can be accessed from a Google or Yahoo search engine by typing in “R. D. Bradshaw” Goldsmiths. Several hundred web sites can be found with the back issues and with translations to Spanish, Italian, German, Chinese and other foreign languages. Goldseek.com has most of the back issues of the Goldsmiths. Finally, the “Archives-Goldsmiths” of this website (www.analysis-news.com ) has all of the Goldsmith articles issued to date.
Besides the revelations contained in the Goldsmiths’ articles, the work of the plutocratic financial market manipulators to conspiratorially manipulate and control the financial markets (to make more profits and install a world government under their management) is also addressed at length in the periodic analysis of the news and in other articles produced at www.analysis-news.com. This website has an article of interest to any person interested in understanding the market Manipulators. It is the Hidden Secret of the Manipulators, why they succeed and how to follow their manipulations.
Readers of the above articles are invited to visit www.analysis-news.com and become a subscriber to regularly read some of the material from the world of information which will further reveal how extensive the manipulation, control and dishonesty realities are in the financial, currency and commodity markets, not only in the US but indeed around the world. To go to the home page of this website, please click at the link here: www.analysis-news.com.
-- Posted Sunday, 22 March 2009 | Digg This Article
| Source: GoldSeek.com
