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December 9, 2017 | Bitcoin ‘Manipulation’ starts Sunday!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Bitcoin futures rolls out at the CBOE tomorrow (Sunday) and then starts on the CME electronic exchange on December 18 (week from Monday). What does this mean for the ‘price’ of Bitcoin going forward? Are you aware that our Central Bankers will now trade this ‘virtual image’ of nothing starting tomorrow? This means Central Bank manipulation of the price! See this exchange for details: http://www.cboe.com.

 

Futures contracts and options are now used to set the ‘price’ of a commodity or a virtual item like Bitcoin. Traders can use a margin account to maximize their leverage so that ‘price’ manipulation can magnify within our electronic markets. It’s all done on our digital/electronic exchanges and via trading strategies which ignore any real ‘settlement’ of the item being traded. Settlement gets done in ‘digital’ cash making the trade an imaginary trade (called a ‘bet’).

 

Read the article in the Wall Street Journal, Saturday/Sunday, December 9-10, B-1. It’s called ‘Bitcoin Futures Ready to Roll Out’. Trading bitcoin futures does not involve holding units of the virtual currency in your hand. Instead a futures contract is an inner ‘bet’ on what the ‘price’ of the underlying asset will be when the contract expires. Settlement is in ‘digital’ cash and this makes the trade an ‘inner’ (imaginary) trade of nothing! Are you aware of this?

 

Traders and financial pundits are not savvy on what our digital markets reveal to traders and the public IMO. Most think that Bitcoin is a real ‘thing’ which exists within observational reality. This is gross deception and fantasy. In reality, Bitcoin is a ‘virtual image’ in my computer screen with NO physical existence (no ‘outer’ reality). It’s a ‘unit’ of my consciousness (inner spirit) and this unit represents ‘nothing’ (physical). Who is aware of what has evolved (mostly since 2008)?

 

Trading this virtual unit (the ‘inner’ image) is what traders now do daily. It’s pure trading of one’s imagination within one’s inner spirit. What deception and fantasy I witness today in our digital/electronic markets. Who can discern reality…given what has evolved since 2008? Few to fewer! Traders trade in real-time and don’t realize that they are trading mere units of their ‘imagination’ (nothing physical with ‘no’ settlement of the physical item which is supposedly being traded). Settlement is now in digital $$$.

 

Digital cash ($$$) is now the means used (for settlement) at the expiration of these futures contracts! This same fantasy and deception occurs within our silver and gold markets. Traders on the CME Globex (http://www.cmegroup.com/globex.htmlhttp://www.cmegroup.com) trade these ‘inner’ futures contracts where millions of imaginary ounces of silver and gold are traded. This trading strategy is used to ‘suppress’ the spot price of silver/gold in real-time and traders and pundits have no idea that this is pure trading of their ‘inner’ imagination.

 

What does the word ‘trade’ mean? Should it not mean that I trade a ‘money’ item for a ‘thing’ (unit of real wealth). Should it not mean that I settle the transaction in the physical item? Otherwise, what am I trading? Settlement of a trade in digital cash (this imaginary money of our Central Banks) just means that ‘numbers’ are exchanged within my ‘inner’ soul. This is mere ‘inner’ exchanges of imaginary ‘numbers’  and virtual imaginary wealth (mere ‘math’ and ‘images’ within my consciousness). THINK about what is now happening in our corrupted financial markets!

 

Our Central Bank traders (all those who desire to manipulate spot ‘prices’ within our computer screens) will use this new CBOE and CME futures trading to eventually SUPPRESS this Bitcoin price. Watch and learn! Where does the self-interest of these Central Bankers reside? I would suggest that they want their OWN digital currencies to flourish and not this private virtual item called Bitcoin. Central Banks want the ‘Mark of the Beast’ financial system to flourish…not this private virtual currency called Bitcoin!

 

Watch what happens in a few weeks as this futures market for Bitcoin gets established. The volatility of this unit of nothing will create exponential explosions within the trading ‘consciousness’ of traders everywhere. Prices will explode up and down and reveal the absurdity of this trading currency. What deception and fantasy I now witness within all our electronic markets. Central Banks and our regulators can not discern what is happening as they desire all this deception (it seems)!

 

Get yourself into a REAL physical commodity like silver coins and gold coins and use this opportunity of LOW (manipulated/suppressed ‘prices’ for silver/gold) to accumulate a supply of these historical metals. Go to: http://www.jmbullion.com or a similar seller and then store up some historical VALUE for the coming crash in all our ‘inner’ financial markets (later in 2018). It is time to distinguish between what is ‘inner’ and what is ‘outer’. INNER means that which is within my MIND (or spirit). OUTER means that which I OBSERVE with my eyes!

 

Trading between counterparties should be the trading of a money item (a real ‘thing’) for some unit of wealth (a commodity which exists). This is what I mean by trading and then settlement of a trade. I trade a barrel of oil for $50 in physical cash. I trade $16 in physical notes (cash) for one ounce of silver. I trade $1.00 of physical cash for a loaf of bread. The $1 (this currency) should be tied to some item within nature which exists within observational space/time. A trade should mean the ‘exchange’ of one item (which exists) for another item (which exists)!

 

Trading imaginary ‘numbers’ for imaginary ‘virtual’ items in the computer screen must eventually CEASE if we desire to progress as an economic society! Today, we live with virtual trading and virtual money. It’s PURE deception and fantasy for those of us who comprehend reality. Virtual means ‘inner’. Physical means ‘outer’. Cyberspace (today’s electronic exchanges) are merely part of my ‘inner’ consciousness. Wake-up to reality! Bitcoin is virtual. Silver and Gold are physical. Think for yourself to discover reality! Enjoy! I am: https://kingdomecon.wordpress.com.

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December 9th, 2017

Posted In: Kingdom Economics

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