Friday, August 05, 2011

BOB CHAPMAN: THE DOW CRASH WAS MANIPULATED

Bob Chapman : it is one of the biggest losses in history I believe it was manipulated that way , there is a thing called the president's working group on the financial markets they can do anything they want to the markets anytime they want legally under executive order by former president Reagan when you see a market go down especially more than 300 points which in DOW terms , the FTSE in London was down approximately 300 DOW points , the DOW went down over a 500 points today , the large corporate firms have the ability today to make the market do anything they want , the working group and the large firms could have stopped the losses may be at a 100 or 200 points but we know that were not going to do that because they could have done it in London by manipulating that market so they allowed the market to go down , money went from stocks to bonds supposedly bonds are safer and we had a big drop in the yields on the US ten years notes and that was caused by money being switched out of stocks into bonds particularly treasuries, for the commodities to be down at the same time as the market is not normal....

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