Kass reproduced Southwest Securities’ Mark J. Grant on cheaters.  Below I give you a snippet.  Grant shows in a simple style how rigged the Market and how castrated the overseers  and/or government.

we face the same question in the gold market but it is even worse here. Five international banks setting the price with regulations stating that they can trade for their own account while fixing the price. Here we have regulatory cheating built into the market, here we have chicanery as part of the normalcy and here we parade the dishonesty and bless its usefulness.

So we have three of the of the world’s largest financial markets under scrutiny. It is therefore reasonable to ask what is next. I look specifically at the CDS market, the bond market, the equity market and wonder what is to come. It is beginning to appear that all markets may be subject to a giant all-encompassing cartel that has routinely cheated the public for decades.

The problem with cheating is this:

If a person or an institution will routinely cheat you in one area then it is highly likely that they are cheating you in other areas. I put forward the postulate that one should not do business with any person or institution that constantly tries to cheat you. Look around you. Ask the question. Do not allow yourself to be cheated!

eproduced