by Gregory Mannarino, TradersChoice.net
In America, it used to be that if you made a good investment, you would profit from it. Well, today, in the “New America,” that has changed.
This past week, with multiple brokerages restricting trades for retail investors, if you ever needed more proof that the market is a rigged game, you just got a shocker of a wake-up call. Moreover, it is the retail investor who is being falsely blamed!
Last Friday, with retail investors either completely shut out of trading or severely restricted, GameStop’s stock (ticker GME) put on another 67 percent. This was not being done by retail traders – this was INSTITUTIONAL TRADERS.
The GME story started with bad bets made by hedge funds, and it is being driven to stratospheric heights again by hedge funds… but not retail traders/investors. The issue here is much bigger. Those retail investors who got the trades right are being deliberately restricted from capitalizing on the run higher and told they can only sell. In a free market, which we no longer have, this simply cannot happen.
Think about it: When a brokerage tells investors they cannot buy and can only sell, what happens to a stock? IT PLUNGES! This set-up allows hedge funds to buy more shares lower and run it up even higher.
The brokerage I was using, TD Ameritrade (I have since pulled out my cash and closed my account effective last Friday), was one of the brokerages restricting trades, along with Robinhood and many others.
What does this come down to? Blatant market manipulation being aided and abetted by brokerages which are clearly helping institutional investors at the literal expense of retail traders/investors! This is a crime STILL in progress as I am writing this article.
Today’s stock market is the most rigged, most blatantly manipulated, and most twisted in world history, and it is also the biggest stock market bubble of all time.
The entire business models of investment banks and hedge funds are patterned on committing repeated frauds, misrepresentation, and, yes, criminal enterprises. Moreover, here, right now, we have multiple brokerages assisting in all this! Yes, I am outraged. Whatever was left of a free market died this past week. Wall Street is no longer just a casino, it is a fixed, delinquent enterprise in favor of big money.
The entire system today is hyper-toxic, and people are reaching their breaking point.
I have been explaining to those who follow my daily video blog that a new set of rules is coming, a new paradigm, and a New World Order along with it. It is hard for someone to argue that I am wrong on this because it is now IN OUR FACES.
What can be done about it? Being that the government is in bed with Wall Street, and our representatives in Congress are for the most part bought and paid for (except for a select few), there is nearly nothing we can do.
Every effort is being made today to create a slave-dependent society, people who are reliant on the government for food and shelter… and all this is being done by design.
Just as myself and others like Gerald Celente have been warning for years, this new system was coming. Well, now it’s here.
And the worst part is, it’s just getting started.
