Dondon:

There is evidence that the rise in prices last year to $143.00 for crude was a ploy to reliquify GS and MS. In fact both were large holders of long oil contracts and subsequent massive shorters of crude and therefore, made out big time on the direction both market moves. Such would have taken place at shortly before the time of the market crash.

A similar event took place in the precious metals complex with gold and silver. Again, the two principal market participants were the same two players, both of which combined held massive shorts. This one is verifiable and has been documented.

One theory which has been posited, is that the real motivator behind both manipulations both long and short, was the US Federal Reserve who then used proceeds from these cumulative transactions to liquefy these two major investment banking firms. Interestingly, these two firms are the two big survivors while other major competitors were allowed to fail and no longer exist.

Personally, I do not know if either of these two actions took place. Though certainly, the events and possibility fit well in a timeline to accomplish something that would have been very propitious in its timing and perhaps critical to the needs of the US Federal Reserve to remain solvent and reliquify.

My point, if accurate is duo fold. 1. If so motivated, the power of certain quasi governmental institutions to influence and move world markets is near limitless. 2. They can repeat processes, or the inverse at any time it suits their purpose.

Bottom line? Be careful for what you wish for. You just may get it!

Brian