by garthsworld
Hello people checking out new in conspiracy.
Lots of evidence adding up that GameStop shares were probably counterfeited. Millions of shares came back unaccounted for at the end of January. Theres a lot more data I can try to share, but essentially right now the counterfeited shares are being traded back and forth by hedge funds, and Fidelity, Vanguard and Blackrock are trying to buy as many shares as possible to cover with, because they have huge ownership in GameStop and probably lent out their shares, so they’re now part of the problem. Shares that go unaccounted for have to be accounted for eventually, but if hedge funds are trading them back and forth they can add another 3 days to the deadline. It’s like writing a floating check back and forth between bank accounts to cover money until you can get ahold of it, but ultimately there’s a strike day that it has to be accounted for, that number is 21 days from end of January, putting this at February 19th as the last day of the market that week.
Fidelity and Vanguard are giants on Wall Street, if this thing affects them, it’s going to have huge implications on the entire market. If the market crashes, we have something else we need to examine that I’ve written here before.
Right now we have:
good evidence GameStop shares were counterfeited for the naked short, and it will probably be exposed
Vanguard and Fidelity would cascade into the rest of the market
could result in massive loss of confidence in system
a bubble in the housing mortgages AGAIN but this time is stacked with loan forebearances from the covid bill and people not having to pay their mortgages until later this year for all of last year (what money are they going to use to pay it?!)
banks aren’t protected from people not paying mortgages since the rate is only at 3%
historical unemployment
huge inflation, 23.6% of all US dollars to EVER be printed out, were printed out last year for the covid bills (and it’s probably even significantly more)
already CNBC saying that raising the rate is the only thing to prevent something like the GameStop thing with retail investors from happening again (I can’t find any reason only Jim Cramer saying it)
http://www.investmentwatchblog.com/market-collapse-in-mid-february/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
| 
