RE: Oops7 Jul 2022 11:09
I remember that post well lebugue-addick (monty python ?) but as I have said on here many times before, the likes of JPM, GS and MS can play these markets RISK FREE now as they have a conveyor belt of free QE US Dollars being printed on demand.
More US Dollars have been printed in the last two years alone (circa $30 trillion), this is more than the whole supply of US Dollars since its inception as a currency. With this amount of financial weaponry, the US Banks have been shorting nearly everything for about a year or so now with the exception of oil with no risk, hence why we are seeing all those countries with their respective economies tied to the US Dollars falling like a row of dominoes, one by one ! (i.e. US banks have been shorting all currencies tied to the US Dollar to give the impression of a strong US Dollar !)
The fact that JPM have a massive short on GGP, counts for nothing, its just a window dressing exercise for those looking in. £5m exposure, £10m exposure, £15m exposure.......its small change to JPM.
When Newcrest decide that they want to push the button, then that will be it, they will have got some stock courtesy of the antics of JPM and the rest of the market players whom are all in collusion here in the gradual erosion of the share price.
This is how the market works nowadays, i.e manipulated by US Banks. There was a time when the UK cabinet was in complete disarray, the PM on the verge of resigning, rampant inflation, huge energy costs, war, civil unrest etc. and the market would have moved lower big time.
But here we are with the UK market rallying big time.
Brilliant.
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