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August 14, 2018 | FAKE ‘Money’ – over at the Caracas General in Venezuela!

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.

oday’s electronic markets produce FAKE results and FAKE valuations. Over at the Caracas General electronic exchange in Venezuela this market is up some 19.47% TODAY. Think on this. An increase of 35.87% in five days. Today, our digital/electronic markets can be pumped up with fake digits (called money) by our banking system and their traders. All our markets are rigged and manipulated daily.

 

I watch the Caracas General market because it reveals the fakery within our digital markets. All our markets are now digital and speed of light digits (within our computers) are used to pump up a market instantaneously. Our Fed does this. The European Central Bank does this. The Bank of Japan does this in spades. And many other banks and Central Banks are doing this daily. It corruption at the highest level.

 

We live with FAKE money and FAKE markets today. I do not pay any attention to the numbers as they are all fake and rigged. The media portray our markets as real but I know better. Traders at our Central Banks and proxy commercial banks can use a loan to pump up a market irrespective of what supply/demand dictates. The system is rigged and corrupted and few seem to notice.

 

At some point this rigged system will collapse. It could be tomorrow. It could be any day in the future. My sense is that we are living on borrowed time as these markets are totally rigged and manipulated. I have noticed this for years. The biggest rigging occurs within the silver/gold markets. There is no real market left for my silver/gold traders. Until someone crashes these rigged markets, nothing will change.

 

We need these markets to crash so that a new model for commerce can be promoted. The current markets are all living on borrowed time. Prepare for a crash any day. It could be today, tomorrow, or the next day. It also could be weeks or months down the road. No one can discern the precise timing. But a CRASH is coming at some point. Think for yourself. I am: https://kingdomecon.wordpress.com.

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August 14th, 2018

Posted In: Kingdom Economics

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