World Monarchs invited for a Jubilee lunch by Englands Elizabeth II – (Qn Sofia – Spain missing). John Stillwell / Pool via Getty Images
June 16, 2014
Another conspiracy “theory” becomes conspiracy “fact”.
The FT reports “a cluster of central banking investors has become major players on world equity markets.” The report, to be published this week by the Official Monetary and Financial Institutions Forum (OMFIF), confirms $29.1tn in market investments, held by 400 public sector institutions in 162 countries, which “could potentially contribute to overheated asset prices.” China’s State Administration of Foreign Exchange has become “the world’s largest public sector holder of equities”, according to officials, and we suspect the Fed is close behind (courtesy of more levered positions at Citadel), as the world’s banks try to diversify themselves and “counters the monopoly power of the dollar.”
Which leaves us wondering where are the central bank 13Fs?
While most have assumed that this is likely, the recent exuberance in stocks has largely been laid at the foot of another irrational un-economic actor – the corporate buyback machine. However, as The FT reports, what we have speculated as fact for many years now (given the death cross of irrationality, plunging volumes, lack of engagement, and of course dwindling credibility of central planners)… is now fact…
Central banks around the world, including China’s, have shifted decisively into investing in equities as low interest rates have hit their revenues, according to a global study of 400 public sector institutions.
“A cluster of central banking investors has become major players on world equity markets,” says a report to be published this week by the Official Monetary and Financial Institutions Forum (Omfif), a central bank research and advisory group. The trend “could potentially contribute to overheated asset prices”, it warns.
The report, seen by the Financial Times, identifies $29.1tn in market investments, including gold, held by 400 public sector institutions in 162 countries.
China’s State Administration of Foreign Exchange has become “the world’s largest public sector holder of equities”, as the report argues is “partly strategic” because it “counters the monopoly power of the dollar” and reflects Beijing’s global financial ambitions.
In Europe, the Swiss and Danish central banks are among those investing in equities. The Swiss National Bank has an equity quota of about 15 per cent. Omfif quotes Thomas Jordan, SNB’s chairman, as saying: “We are now invested in large, mid- and small-cap stocks in developed markets worldwide.” The Danish central bank’s equity portfolio was worth about $500m at the end of last year.
So there it is… conspiracy fact – Central Banks around the world are buying stocks in increasing size.
To summarize, the global equity market is now one massive Ponzi scheme in which the dumb money are central banks themselves, the same banks who inject the liquidity to begin with.
That would explain this.
There’s numerous posts at this site on how the Central Bank Syndicate create money out of thin air which goes back centuries. The “money changers” and “merchants” have just become more hi-tech in their “adventurers” aka venturers. (Cromwell was one of many Irish “adventurers” – he invested 600 pounds before he even landed. Then he started his very BLOODY campaign…little changes). Today they create “electronic bank notes”, trade them on the electronic exchange for “electronic stock certificates” which are created by companies. You just have to become one of them in order to get in on the scheme, and since you’re not a “blue blood”, or as they say, “one of us”, you will be forever denied access. Anyway the Central Bank Syndicate could care less about the value of stocks, they print cash. All they are interested in is owning real assets when it crashes – Stock prices are for the little people. If it bankrupts the 401K, state pensions, who cares… Ownership of assets is all that counts which is why they’re invading every country on earth, hooking them into their greedy and corrupt IMF-World Bank-BCCI scheme, while stealing their real assets – land (and all it’s resources) – for mere pennies due to destabilization strategy, which they themselves manufactured.
When the USSR crashed, the KGB mafia became Oligarchs overnight, it just kinda, accidently, happened that way….
During and after the Enlightenment aka Age of Reason, there was a push throughout the Western world to abolish the usury laws, and so of course, it happened as the money changers wished. The Enlightenment was a cultural movement of intellectuals beginning in the late 17th-century Europe around the time of the establishment of the Central Bankster-Gangsters. Intellectuals emphasized reason and individualism rather than tradition. Individuals? What’s that…was it ever so? The purpose was to reform society using reason and the sciences in order to challege the status quo. One of the status quo, one might even say the most important, at least to some, was usuary. Usuary was made into old-hat tradition by the money sponsored intellectuals and eventually abolished, which made the Royal Houses with their lucrative Charters, financial advisors, and corporate venturers, quite content. The abolishment of usuary didn’t go down easily since the International Bankster-Gangsters pitted region against region and net debtor against net creditor until they got their way. And so, we “enlightened” – “individuals” sold ourselves into tax-slavery forever on earth. Our (ancient), current, and future Land Lords would likely say it was money well spent.
If you don’t own the property. You become the property. And since none of us own the property due to well enforced property tax law – we’re in debt to our Syndicate led Government which makes us their tax slaves or ye olde serfs as in the aristocratic Land Lord feudal times. Feudalism was perhaps just a name change for “Democracy” not to be confused with small “d” for “democracy” which in Latin means “rule of the people” or “rule by the people”. Big “D” means something else…
“In the political democracy only the votes cast for the majority candidate or the majority plan are effective in shaping the course of affairs. The votes polled by the minority do not directly influence policies. But on the market no vote is cast in vain. Every penny spent has the power to work upon the production processes. … The decision of a consumer is carried into effect with the full moments he gives it through his readiness to spend a definite amount of money.”
(Ludwig von Mises, Human Action) – http://www.panarchy.org/anonymous/democracy.1962.html
Bottomline: There are very, very few self-made or outside the “family” billionaires…