Rec’d via email…This would be a good one to read and learn what’s going with YOUR investment firm, perhaps !
Everyday more and more tidbits come out about the MF Global “missing assets”. Here’s the latest from Forbes:
MF Global Assets Have Left The Building: How, When, Where
What started as a little “brush fire” is >> quickly turning into a RAGING INFERNO !
It is estimate that >> over 50,000 accounts have been frozen > is only a small fraction of the problem. > phantom transactions
ALL BROKERAGES RUN ON A FRACTIONAL RESERVE SYSTEM!
Meaning quite simply that when you “buy” a stock, bond, commodity contract, etc. that brokerage company does NOT go out and conduct the exchange for you but rather USES your money to make more money! Sure they debit your account with an electronic entry and send you a crisp, clean statement every month BUT THEY DON’T FOLLOW THROUGH AND SECURE THE ASSET YOU PURCHASED! Not on a ONE-for-ONE basis at least.
Instead they lump it all into their “pool” of assets that is always ebbing and flowing along with billions of High Frequency Trades that are also never really “settled”. That is the nature of our markets, banks and brokerage houses and the DTCC are knee deep in the scam.
So here we have a situation at MF Global where the MUSIC HAS STOPPED and everyone with an electronic statement is wondering “WHERE IS MY ASSET?”
>> It’s not there my friends…and it NEVER WAS !
This little problem will continue to build until it is revealed that the “fractional reserve” system has BROKEN and the last SUCKERS to get their assets out of the system before the MUSIC STOPS will be left without a chair.
>> This is true with every brokerage house, 401k, mutual fund, bank, credit union…
>> ALL OF IT IS A FRACTIONAL FRAUD !
A few months back Clif High’s reports kick out an odd reference to the coming “RICH RIOTS” where rich folks will be storming precious metal warehouses demanding their physical metal only to find that the warehouses are EMPTY!
I believe we are at that point.
May the Road you choose be the Right Road
Bix Weir
Read more at Trapped on an Insane Planet
Source:
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
