Max, problem is, as the yanks say, some of the knowledge Nev is exposing, is above your pay grade and for that matter it is also above the pay grade of a lot of people, myself included, as well a lot working for ACCC.
The resident mining intellectual on here is exploiting this fact to the limit, problem is that person may well end up in the house of many doors. Hiding behind a nic is nowhere to hide. If this thing hits the fan, it will drag a lot of people down, more than some think.
People will be appearing before the Senate inquirer and one of two things will happen. They will either be believed or not be believed. Right here right now the people corrupting the system obviously believe they will win. Someone once said to me “You never have an inquirery without knowing what the result will be."
Nev has done, what is it around eight or nine reports, each of which is around 100 to 150 pages long. I get the impression one would need to be either a masters or doctorate (PHD) person in economics to understand what Nev is alluding to. It is certainly above my pay grade. Will the Senate Committee have people capable of understanding what Nev is showing up in his numbers?
Most people would not have a clue when one mentions up ticks or down ticks. It took me a long time to come to grips with the concept. The interesting thing is the small amount of shares it takes to send sales in a certain direction. Really shitty, boring reading, but it does show something extremely clever. Problem is we are the losers.
Wash trades, say 5 mill shares are going back and forth each day in normal trading, well the big boys wash 50 mill back and forth over the top completely engulfing the normal trading and in the process setting a share price that has nothing to do with normal trading.
Shorting, it is obvious that both naked and covered shorting is taking place, Around August 18 2010 it is obvious a of of the shorting was naked. It appears that it may be possible to short on market using loaned shares and somehow be able to buy these shares back off market. On market forces the share price lower while the covering does not effect the price. Some are saying the three day for covering principle is being exploited and or extended.
What gets me is the organization that is behind what is going on. This is not just one or two players, this is high level embezzlement of a very organize kind. People say if you try to identify the group by name you will sent to the extreme, naughty corner.
I don’t know if any of you have waked down any high street lately and seen the number of companies that have gone broke, some blame the Labour Government. Well, they have been in power for two terms and amongst other things this embezzlement Nev is alluding to possibly took place on their watch. It does not take much reading on Wikipedia about who took certain important legal posts in their government to get a brief view of certain things!
Any intelligence officer watches the static. The Australian intelligence officers notified the Americans prior to the Tett offensive in Vietnam that something was about to happen based on increased Vietcong radio messages. The Yanks ignored what happened.
So what is the static at the moment? Surprise, surprise, Senator Brandis is under attack, firstly over a wedding he attended and now over his library.
I don't know if many of you have read up on the Jesuits. Saint Iggy (around 500 years ago) was a Spanish general and was injured and could no longer fight as a General, so he talked around 7 or 8 other guys into going to the Sybourne University and doing the counter reformation thing, at an intellectual level. Francis Xaviour was one of them. The idea was, give the children of the leaders the worlds best education and in the next generation you are running the country. Spectacular success, the present Pope is one of them and guess who not only went to one of their schools but I suspect trained to be one of their priests, you guessed it Tony.
These guys have been in the power game for a long time and would be very aware of the other groups vying for power. Senator Brandis is one Abbott’s team. So you ask why, go into this detail. Well I have mailed a printed version of Nev’s report both to the Ku Ringai Liberal member and to Senator Brandis’s office. I am sure many others have mailed the report and or the link to their liberal members address.
With the change in government something unusual may happen, the concept of never have an inquirery unless you know the answer may change to a new direction.
That is, the why, “get Brandis” in the news chatter. I have no idea what direction this will take, but I hope what Max has been working towards yields some fruit.
Also of note today in the Sydney Morn Herald today is a report on Mick the Miner looking to start up again a new mining house. Could the stalking of CDU have something to do with that.
So, do we may have the Jesuits versus Mick the Miner’s team playing a new version of rugby with CDU as the ball. Could be good to watch. Without Nev, CDU I suspect will be lost. All get behind Nev and read his report’s. Boring a shi* but worth doing
Loved the joke on HotCopper about the dog, a classic, guys pull it up and read, definately a classic.
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