Big Banks Manipulated Energy Markets In California and the Midwest … Ripping Off Tens of Millions of Dollars in 9 Months




By Washington's Blog
Global Research, July 30, 2013



Energy Markets Are Manipulated

The Federal Energy Regulatory Commission says that JP Morgan has massively manipulated energy markets in  California and the Midwest, obtaining tens of millions of dollars in overpayments from grid operators between September 2010 and June 2011.

As shown below, big banks have manipulated virtually every other market as well – both in the financial sector and the real economy – and broken virtually every law on the books.

Commodities Are Manipulated

The big banks and government agencies have been conspiring to manipulate commodities prices for decades.

The big banks are taking over important aspects of the physical economy, including uranium mining, petroleum products, aluminum, ownership and operation of airports, toll roads, ports, and electricity.

And they are using these physical assets to massively manipulate commodities prices … scalping consumers of many billions of dollars each year.

Interest Rates Are Manipulated

Interest rates are rigged:

*  The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged

*  This was the largest insider trading scandal ever … and the largest financial scam in world history

Local governments got ripped off bigtime by the Libor manipulation

*  Libor is still being manipulated

Derivatives Are Manipulated

The big banks have long manipulated derivatives … a $1,200 Trillion Dollar market.

Indeed, many trillions of dollars of derivatives are being manipulated in the exact same same way that interest rates are fixed: through gamed self-reporting.

Currency Markets Are Rigged

Currency markets are massively rigged.

Gold and Silver Are Manipulated

The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be.

Oil Prices Are Manipulated

Oil prices are manipulated as well.

Everything Can Be Manipulated through High-Frequency Trading

Traders with high-tech computers can manipulate stocks, bonds, options, currencies and commodities. And see this.

Manipulating Numerous Markets In Myriad Ways

The big banks and other giants manipulate numerous markets in myriad ways, for example:

[Continued...]
Check out the member blogs, videos, and discussions http://12160.info/

Comment

You need to be a member of 12160 to add comments!

Join 12160

Ferguson Mega-Link Blast - Nov 17-04

WATCH LIVE: Ferguson Continues to Protest

Please remember this website is supported by your donations...

12160 NEWS new management/admin info



You filthy, abnormal animal’: graphic contents of anonymous letter sent by FBI to Martin Luther King http://ow.ly/2QKXaR  

2nd Grader’s Homework Teaches ‘Rights Are Special Privileges The Government Gives You’ http://ow.ly/2QKXaQ 

Texe Marrs - Project Lucid - Published on Jun 30, 2013 Too much to list. http://ow.ly/2QKXaC 

I Don't Have A Problem With The KKK Fliers Posted In Ferguson MO by Deep Space http://12160.info/video

VIDEO: Citizens Approach Cop They Saw Littering, Cop Says, “Yeah? What are You Gonna Do About It?”: http://12160.info/video

US senator’s son charged with killing 21 dogs - US senator’s son charged with killing 21 dogs Published time: Nove... ow.ly/2QJVZJ 

WATER Crisis -HOAX - Primary Water - What you didn't know about the manufactured drought. ow.ly/2QJVZO 

Keiser Report: Whistleblower Alayne Fleischmann (JP Morgan 'worst nightmare') talks to Max (E679) ow.ly/2QJVZQ 

Propaganda and Manipulation: How mass media engineers and distorts our perceptions ow.ly/2QJVZP

Did VIP abusers murder a boy? Scotland Yard's new probe into paedophile ring at luxury flats used by ministers ow.ly/2QJVZI 

Meet Ferguson Police Officer Darren Wilson - a total asshole NEWLY POSTED VIDEO 12160.info/page

Report an Issue

Forum

© 2014   Created by truth.

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2014 - all rights reserved. unless otherwise noted
var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-48719234-1']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })();