In The Golden Age Of Fraud – The Biggest Is The Fed

MBA, Market Analyst & Author @ The Mining Stock Journal
September 30, 2021

“The unsustainable will not be sustained, except through ever-increasing force and fraud.” – “Jesse,” Jesse’s Cafe Americain

“The culture of Wall Street has now completely engulfed the Fed: it’s legal if you can get away with it.” – Pam/Russ Martens, Wall Street On Parade

The United States has descended into history’s biggest Banana Republic. Open corruption oozes from every nook and cranny in Washington, DC, Wall Street and Corporate America.  While Tesla and Elon Musk, for me, are emblematic of this, every aspect of America’s society is fraudulent."  Even the US dollar fiat currency created out of thin air by the Fed’s digital printing press is a fraud.

The latest exposure of Federal Reserve Bank Presidents who were sitting in their offices and trading on inside information is just the tip of the iceberg.  While both criminals – Dallas Fed head, Robert Kaplan and Boston Fed El Hefe, Eric Rosengren, suspiciously resigned shortly after being exposed, they can rest assured that there will never be any consequences because the Government officials put in charge of enforcing the laws will happily look the other way, likely with the help of cash-filled brief cases…

Wall Street on Parade has written a must-read essay on the probable illegalities committed by Kaplan and Rosengren:

For more than five years the President of the Dallas Fed, Robert Kaplan, was trading like a hedge fund kingpin in “over $1 million” transactions in S&P 500 futures while refusing to follow the requirements of the Fed’s financial disclosure form and list the specific dates of his purchases and sells so that the transactions could be examined for whether he had inside information from the Fed at the time. That information is now as much as five years overdue to the American people and we have asked the Dallas Fed to provide it promptly.

The Dallas Fed further hampered the free press in America from doing its job by refusing to answer our simple question as to whether Kaplan was shorting stocks or S&P 500 futures during the pandemic crisis in 2020

Here’s the rest: Was Boston Fed President Rosengren Trading with Citigroup’s Money?

When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed.” – Francisco’s “Money Speech” from “Atlas Shrugged”

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Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.

 

The world’s largest gold nugget is 61 lbs, 11 oz and is on display in Las Vegas.

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