canadafreepress.com / By Doug Hagmann / Friday, February 8, 2013
If you’re like me, you’re just a “regular” person whose lack of understanding of the stock market is enough to keep you away from it. For me, it’s a spectator sport that’s rigged at the highest levels in favor of the “initiated ones,” or as Gerald Celente calls them, the “white shoe boys.” If you’re like me, you probably don’t have any insider channels of information that would permit you to make $100,000 in the short span of ten months from a single $1,000 investment in cattle futures, the way Hillary Rodham Clinton did in 1994. Okay, so take me to task because the stock and future markets are two separate trading venues, but you get the idea.
But just as you needn’t stick your hand in a blender to know it’s going to hurt and leave a mark, you don’t need to be a financial genius to know that certain market trades indicate an insider foreknowledge that something bad might be headed this way. One case in point is the odd put options on airline stocks just before the attacks on September 11, 2001. You know, the trades that according to the Keene Commission were merely coincidental and not out of the ordinary at all. A “put option,” by the way, is a “bet” made by someone that a particular stock or asset is going to lose value by a certain date.
Lest you still cling to that outlandish conspiracy nonsense and continue to feel that something is still amiss with the 9/11 put options, rest assured that the crack investigative husband and wife team known as “Snopes” has determined that you are in need of a cup of steeping hot passionflower tea and a strong pharmaceutical to pull you back into the reality of Oz. Their source, of course, is none other than the Keene Commission Report itself. Go figure.
An ominous contemporary warning
Something happened this week that brings back haunting memories of the 2001 put options of airline stocks, except this “bet” is against the entire U.S. economy. This week, an anonymous trader bought 100,000 put options on the ETF, which is an acronym for an exchange-traded fund. One commonly traded ETF is XLF, which, in the most unscientific and basic terms, is a group of funds that is like a barometer for the stock market.