CFTC: Stop the ‘paper’ trading now! It’s ‘imaginary’!
Our deceived Zombie traders seem to lack common sense! Trading ‘imaginary’ contracts on our electronic exchanges does not reflect economic intelligence. Today, we trade via algorithms and speed of light execution/coded instructions. I can ‘enter’ and ‘exit’ a trade in milliseconds (using my robotic algorithm for execution of a trade). Spoofing (imaginary transactions of a cyber symbol) has become a tactic for creating ‘false’ demand and/or ‘false’ supply so as to manipulate ‘imaginary’ cyber prices within the computer screen. Who is aware? Who comprehends how our cyber marketplace has changed trading and reality in just the last few years.
Timothy Massad appears to want to control ‘automated’ trading…but when and how? Why not start with banning this so-called ‘paper’ trading market (it’s imaginary)!
Yesterday’s Financial Times described the operation of ‘spoofing’ (where a trader can place orders with the intent to cancel them before they trade an order). This is done to ‘trick’ or ‘deceive’ other traders/investors into buying into the ‘illusion’ that demand and/or supply of a commodity (say silver/gold) is changing. Spoofing and cyber manipulations are now SOP within our electronic cyber markets. Prices are ‘imaginary’ units of bits and bytes which ‘flow’ within our computer screens to give us the ‘illusion’ that real trades of a commodity are occurring. What a sham/scam/deception!
Our CFTC has defined ‘Bitcoin’ as a commodity (same as oil or wheat). This is absurd! Bitcoin (like the so-called ‘paper’ trading of virtual silver/gold) are units of ‘consciousness’ within CYBERSPACE (virtual)! Wake-up CFTC!
Our Zombie traders can not discern the difference between a real/physical commodity (like physical silver or gold) and the ‘imaginary’ commodity being traded within the computer screen (like Bitcoin). Imaginary symbols now represent a commodity. Trading these ‘imaginary’ symbols is what is happening within this ‘paper’ futures markets which our CFTC oversees. Imaginary futures contracts (mere symbols derived from our ‘consciousness’) now represent a real/physical commodity (such as silver or gold) and trading these so-called ‘paper’ contracts (mere virtual/digital symbols) is what our Zombie traders do daily and relentlessly in real-time. What a sham/scam/deception!
Cyber floor traders at the CME Group in Chicago now administer our commodity markets! The Open-Outcry pits are gone! All trading is now within our ‘consciousness’ or what we call Cyberspace trading! Imaginary ‘symbols’ represent reality!
What happened to the Open Out-Cry trading pits and the trading of real/physical items (oil, grains, metals, commodities) via actual human transactions? All these human activities have been replaced with ‘electronic’ transactions and coded mathematical instructions (algorithms…now within cyberspace)! All our exchanges are now mostly electronic and trading ‘symbols’ and ‘numbers’ have replaced all our physical money. Paper notes and metal coins are no longer real-time units for trading. Today, we trade ‘imaginary’ bits/bytes within our computer screen. These ‘imaginary’ units (what I call the ‘mark of the beast’ money) have become the SOP nationally and globally!
Real ‘paper’ notes and Real ‘metal’ coins are now history! Today, we trade ‘imaginary’ virtual units of our extended Consciousness ($$$$$$$$)! Who is aware? Not many!
All this trading is now within one’s ‘consciousness’ and not out in the open where traders can observe/see/discern what is being traded. Our CFTC (Commodity Futures Trading Commission) has promoted all these electronic venues and exchanges, such as Globex, so as to speed up trading. The problem with these venues is that traders are now trading mostly virtual ‘symbols’ and ‘virtual’ contracts within cyberspace. Cyberspace is not the same as observable space where actual physical commodities reside. Silver, gold, oil, grains, etc. reside in observable space (what many of us call Nature). Cyberspace is not the same as Nature (the world of sights and sounds)!
The Open Outcry Pits are history (gone)! We now trade in Cyberspace (our extended ‘consciousness’)! Who discerns the scam/sham/deception?
Yes, today we trade within Cyberspace (our extended ‘consciousness’) and don’t even realize that this space is ‘imaginary’ and ‘metaphysical’. This leads to trading ‘imaginary’ prices, ‘imaginary’ symbols, and ‘imaginary’ money. What a scam/sham/deception! Who is aware of the all the virtual networks which now make-up our financial system? Our money is now virtual. Our currencies are now virtual. This means that all our ‘prices’ are now virtual representations of our imagination. Look at your computer screen and watch the ‘flow’ of these ‘imaginary’ prices in real-time. Watch as algorithms and HFT (including ‘spoofing’) creates new ‘imaginary’ prices with each ‘tick’ transaction. Are these REAL?
Computers, Algorithms, Robots, Spoofing, Coded Instructions, Price Suppression, Market Manipulations, and Corrupt Administrators make up our markets! Wake-up!
It is time to wake-up the CFTC and their administrators to our New cyber/virtual venues and the relentless computer manipulations which occur daily. Silver prices are now manipulated daily via deceptive trading strategies. Today’s price is under $15 while real physical demand is not represented by the price. Gold prices are now mere cyber representations of reality (today under $1100) and these prices get suppressed and manipulated at the will of our Zombie traders (with their robots and algorithms). Traders behind closed doors (with unlimited cyber digits) can now change prices in milliseconds!
Algorithms have become the tool for all our manipulations and rigging. Central Planners seem to love these changes as they can now promote their ‘mark of the beast’ currencies for the entire planet. What a scam/sham/deception! Price suppression is daily and few seem to discern what is happening. Globex and Nymex are now electronic exchanges which continually suppress, manipulate, and control prices. Our Zombie traders see all this as progress! I see it as corruption and deception! Discernment of the problem is the beginning of Wisdom! Wake-up and smell the corruption! Ban ‘paper’ (imaginary) trading it’s not part of Nature! I am: https://kingdomecon.wordpress.com.