Posted on 10/01/2019 5:56:47 PM PDT by RummyChick
A bizarre account of a whistle-blower's efforts to spread a trove of internal information about Deutsche Bank has revealed that House Intelligence Committee Chairman Adam Schiff has obtained the information.
Val Broeksmit, a musician spent years trying to distribute information from inside the German bank after his father, a top executive there, hanged himself in London.
His efforts brought him in contact with journalists and investigators – and eventually put him in contact with the California congressman, who President Trump has said should be arrested for treason and mocks with the online moniker 'Liddle.'
As outlined in an deep dive New York Times article, Broeksmit uncovered the information after obtaining an email login following his father William Broeksmit's suicide in London 2014.
(Excerpt) Read more at dailymail.co.uk ...
Deutsche Bank and Adam Scheiße...
Quelle suprise.
I have lost track. But Maxine waters thinks he should be put in solitary confinement.
But yet, Ole Slow Joe can extort Ukraine over his son with no problem.
I have lost track. But Maxine waters thinks he should be put in solitary confinement.
But yet, Ole Slow Joe can extort Ukraine over his son with no problem.
A musician finds evidence against the bank his father, who committed suicide, worked at. Yeah. That is gonna have some legal weight, not. So he illegally searched his father company records ? Computer files ? Did he inherit control of paperwork that might have been used by his father at the company ?
That paragraph sounds like it could be describing Schittforbrains and his BFF, Ed Buck.
As long as it’s hearsay, Schitt is good with it.
Can you explain that to me? - it sounds err interesting
Any way we can get Hillary to hate Adam Shiftless?
So Schiff used his position as a congressman to work with a foreign governments banking system to get dirt on Trump..........
So why is he angry about Ukraine again???
Here is what you need to know about gold.
It can be naked shorted. That is how it gets so manipulated..besides the whole phantom bid stuff.
This guy frequently talks about the naked shorting
https://www.tfmetalsreport.com/
If President Trump is a candidate for office in 2020, can’t we say Adam Schitt is tampering with the election?
Can someone please wake up the watchdogs at the FEC?
You would think Schiffty would have learned after the fake Russian DJ’s called him. Seems to me that Schiffty should have turned anything he received over to the FBI, after all, he’s not a criminal investigator; he’s just an a$$hole.
No arrests! Pencilneck should just wake up in a rendition camp in Saudi Arabia.
Oh, look! Schiff almost got the peanut.
You are a miner. You operate one or more big holes in the ground and dig out ore. For this, you need massive equipment and people to operate same whom you have to pay regularly. You cannot hang around with some fantasy about gold going to $5000. You always need to be selling some and should you NOT sell some all the time, at various prices, you COULD get stuck HAVING to sell some (to make payroll) when the price happens to be low.
There are two ways you sell your gold. One is to sell your actual product for cash; the other is to sell “forwards” in the /GC futures market. Exactly the same as selling covered calls on stock. Your product is probably so-called “dore” (dor-ay) bars which are crushed and concentrated and melted into say 85%-92% gold bars, to refiners who take the metal to .999 purity. You get paid on the weight * purity you deliver, but your $$ yield is whatever gold is selling for, more or less.
You can sell for the next delivery date, Oct; or, Dec, Jan, or a year out and sometimes 2 years out. (Oil /CL can go 5+ years out) Generally the market is in so-called “contango”, meaning, farther out delivery fetches a higher price because there are uncertainties and storage costs implied. When the market is high as it was about a week ago (about 1540 vs now 1483) you want to sell lots of metal for distant delivery because speculators and hedge funds (both of whom are generally WRONG) will see the rise from 1440 circa 8/2019 and will think “to da moon” and will pay up to BUY the calls you sell. The more excited they get, the more they will pay up to buy calls. You know better, you know that prices rise and fall. Right now the specs who bot your calls sold @ 1540 or 1560 are crying because their calls (the right to buy at 1540) are looking sick and you could, if you wished, buy them back and make a significant cash profit....and not have to deliver any gold. Maybe you do, maybe you don’t. More likely you let them sit and rot away from time decay.
The point being, you as a miner are always selling, selling, and you sell tons. The Specs buy hundreds of ounces. Those calls you sold thus sit in the market but as such, they act like sell orders. You can see where the various market participants sit by looking at the “commitment of traders” here: https://www.barchart.com/futures/commitment-of-traders/technical-charts/GC*0
If you look at the upper histogram, you can see that the producers are blitheringly, massively short, and the speculators and managed money crowd is crazy long. Often this produces a full flush of the hedge funds when prices collapse, but nothing is certain. Let there be no doubt; the attack on the Saudi oil facility smelled of potential war and lots of folks piled into gold as a result. Those “pilers” are not looking good at the moment, but the war possibility is not off the table.
So those sell orders have the effect of producing overhead price resistance, and people can see them because of the CFTC reporting req’ments.
Given that you are miner, a producer, you are a “big boy” aka a “commercial” and virtually ALL activity in the market ultimately comes back to you, you have the biggest footprint in the market. Which makes nothing but sense. You could be Tiffanys and be buying hundreds of ounces for jewelry, but relatively speaking Tif’s is small cheese.
Now you might say “why don’t I just trade alongside the commercials? It’s not entirely a bad idea, certainly not rocket science, the answer is, you probably don’t have the staying power. Are you ready to be short gold for 15 months?
The bottom line is, there are ALWAYS giant players ALWAYS selling gold forward in the market because they HAVE TO.
Thank you. Going to have ponder this. This is a wonderful exclamation. I’m not a miner but you totally rock
#35. The only GPS coordinates Adam SchiffForBrains has is for his next BJ.
The man is beyond psycho.
Call Adam Schiff 202-225-4176.
Politely, tell him to resign.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.