Important! Starting Monday, June 13, 2011, the Paul Drockton Radio Program will Start at 2 PM Pacific, 3 Mountain, 4 Central, 5 Eastern and run for two full hours on Renseradio.com (Click on the Windows Media Player to listen)
Paul Drockton: FDIC Exposes Risky Bankster Schemes
The stock market crash of 1929 was shortly followed by the bank collapses of the 1930s. Bank Runs occur when people, desperate and afraid of losing their savings, stand in long lines with the hope that they can withdraw their money from a failing bank.
Banks are only required to keep a fraction of the money deposited in their institution as liquid reserves, the rest can be invested in anything from stocks, to hedge funds, to derivatives. This, my friends, is the dirty little secret that is forcing the FDIC to call for talks on implementing the Volker Rule. Too little, too late, my friends.
"The Federal Deposit Insurance Corporation requested public comment on a proposed regulation implementing the so-called "Volcker Rule" requirements of section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. That section of the Act generally prohibits two activities of banking entities. First, it prohibits insured depository institutions, bank holding companies, and their subsidiaries or affiliates (banking entities) from engaging in short-term proprietary trading of any security, derivative, and certain other financial instruments for a banking entity's own account, subject to certain exemptions. Second, it prohibits owning, sponsoring, or having certain relationships with, a hedge fund or private equity fund, subject to certain exemptions.
The Act also prohibits banking entities from entering into any transaction or engaging in any activity that would (i) involve or result in a material conflict of interest, (ii) result in a material exposure to high-risk assets or high-risk trading strategies, (iii) pose a threat to the safety and soundness of the banking entity, or (iv) pose a threat to the financial stability of the United States." (FDIC.Gov)
In the United States, the reserve requirements are as follows:
A depository institution's reserve requirements vary by the dollar amount of net transaction accounts held at that institution. Effective December 30, 2010, institutions with net transactions accounts:
* Of less than $10.7 million have no minimum reserve requirement;
* Between $10.7 million and $58.8 million must have a liquidity ratio of 3%;
* Exceeding $58.8 million must have a liquidity ratio of 10%.
In the Eurozone, reserve requirements are only 2%. Australia, Canada, New Zealand and Sweden have no capital reserve requirement. (Source)
In the meantime, silver, which has gone from $3.90 per ounce in 2000 to about $33.00 per ounce today will easily hit ten times that amount after the market collapse. In the Weimar Republic, where everything was sold at a discount during the hyperinflationary crisis, one ounce of silver was worth a king's ransom.
* I do offer phone consults for those that have a minimum of $3,000 to invest. Email at email@example.com for details.
Some online Brokers are feeling the "Drockton Effect" and, as a result, are trying to stop you from opening an online account that will will permit you to trade options. Before you fund your account (Give them your money), make sure you are approved to trade stock and/or index options. Here is a list of online Options Brokers:
I don't recommend one over the other. There are many more out there. I will add to the list in the future. The Satanic Psychopaths that are plundering your wealth don't like it when the sheeple fight back.
Please email me with your stories on this subject, good or bad and I will post them in the comments section.
Gold and Silver will soon become unavailable. If you are waiting for the collapse to buy your physical metals you are making a very serious mistake. Prices are being brutally suppressed while the Satanists steal the 4.56 trillion dollars invested in the S&P 500. They can't afford to have high precious metals prices luring sheeple out of the stock market.
You are about to witness a historic event that will be known as the Stock Market Crash of 2011. In order for the Psychopaths to profit from this event they need the following:
1. Money in the Stock Market. Your money.
2. Insiders and Institutions ready to sell their stocks and create a falling market.
3. Stock Options in place that will grow in value as the market collapses.
As I have stated, money doesn't just disappear. It merely transfers from one hand to another. If you were sitting in a Las Vegas Casino, and the most successful gambler in the world walked in and sat down at the roullette wheel, you would be a fool not to shadow his bets. I don't do Casino gambling, but I do know how to beat the Rothschilds and Rockefellers in their Wall Street Casino. I want you to learn how as well. This, my friends, will be far more enjoyable then standing outside a building with a Protest sign.
1. Open up an online trade account with E-trade or Scott Trade or whoever.
2. Get approved to trade stock options.
3. Fund your online account with a few dollars you can afford to lose. Don't bet the farm!
4. Buy Put Options on the companies I recommend in these articles and on my radio program. My radio program can be heard on Renseradio.com.
5. Get set up today and start trading Monday morning.
You will be placing your bets against companies that are currently being looted, One Put Option controls 100 shares of stock in a company. When the company goes down $1.00, your Option will be worth an additional $100.00.
1. Buy "At the Market" and "To Open" to keep things simple.
2. Buy one dollar or so below the current market price of the stock.
3. Buy the November Option. This gives you until mid-November for the stock to transfer its money to you as it declines.
4. Sell when you make $100 on the Option.
5. Donate 10% to this website by clicking the button above. This is my fee for teaching you. It works on the honor system.