Keith
Keith Hudson, Saltford, England
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The London stock market is sliding again this week -- to add the slide of
early April and the one of two weeks ago after the Obama-EMU 'rescue'
asttempt. It's looking to me that the second dip is finally starting. Just
like the manipulations of Western governments in trying to reduce the
price of gold since the 80s I suspect, more recently, that governments have
been manipulating the stock markets since the credit crunch. They can't do
this as directly, of course, but with high-frequency buying and selling,
the algorithms of friendly parties such as Goldman Sachs, JPMorgan, and the
need of big institutions (insurance companies, pensions funds, etc) to find
somewhere to park lots of money every day, a steady -- but still
astonishing -- rise has been possible in the last 18 months. However, like
the gold scam, I suspect that the shares strategy is failing now. I would
be surprised if we are not now entering the double dip which most
politicians and many economists in the mainline media have been in denial
about even though many of the key statistics have been pointing that way
for many months.
