What is a commodity chart?
On the bottom of the charts are units of time. They could be as short as 5 minutes or as long as years. On the right side of the chart are the units by price in which the commodity is sold. For example: gas is sold in dollars per gallon, corn is sold in dollars per bushel, copper is sold in dollars per pound.
This chart picture is formed over time as the result of “supply and demand”. People who want copper bid on it. The same goes for corn and gasoline. If the supply is low, the price is high. If the supply is high, the price is low. The chart picture is formed over time when units of the commodity are bought and sold. Each time a buyer bids and a seller agrees to the price, a deal is struck and this is recorded. Over a period of time, these transactions make the chart picture.
These are chart pictures which represent the prices you paid for these commodities. Before 2001 they represented true “supply and demand”. In “Corn” for example; there was a drought in 96; that explains the quick jump to $5.00 a bushel. The supply was low and this caused the high price. In 08 when corn went to $7.50 a bushel, the supply was so high that farmers had problems storing their corn. One farmer had so much corn in the bin next to his house that it burst, destroying his house, and almost taking his life.
If there was an abundance of corn, why did the price go higher than it’s ever been in history? In the past you never had to concern yourself about unusual questions of that nature because the CFTC never allowed anything unusual to happen. No one ever succeeded at commodity market manipulation on a large scale. But what if someone had enough political power to “hijack” the CFTC, they could manipulate commodity markets unempeded.
Gasoline never went much over a dollar a gallon on the commodities market before 2006. Why did it suddenly go to over $3.50 a gallon in 2008?
Copper never went much over 1.5000 per pound before 2006. Why did the price of copper go over twice higher than it’s ever been in history in 2007.
Now that we know how a chart picture is formed by buyers and sellers striking agreements and this chart is a record over time of those agreements; it would be highly unlikely for charts in unrelated markets to look similar, or that “unrelated” commodity markets would move in a similar manner.
Corn, copper and gasoline reached historical highs in 2008. All three plunged to bottom in January of 2009. All three went back up to historical highs in 2012. Those “unrelated” markets moved in a “synchronized” manner. Now that we have defined and identified what a “commodity chart” is, we must accept the fact that the only way “unrelated” markets could move in a similar manner is for one single individual to influence their behavior. For example: if there was “one” individual who instructed a “cabal” of assistant market manipulators when to buy, and when to sell, and what market to do it in; that would cause unrelated markets to move at the same time.
Commodity market manipulators make an “astronomical” amount of money, and it all comes out of our pockets when the commercial companies who use the commodities markets to hedge against losses, pass the costs of doing business along to us after they pay the “manipulators”. In the past, the commodities markets functioned as an insurance for commercial businesses against catastrophic losses, and the CFTC prevented any kind of “Hanky panky”.
Let’s go to the charts and see what they have to say. Click on charts for enlargement and detail. These charts can be found on Barchart.com. The commodity prices began skyrocketing long before the drought.
More than any other commodity, the manipulation of the price of this commodity has reduced our standard of living. It has also caused the maximum amount of pain and anxiety. The “master market manipulator” thrives on pain and misery. Let’s call him MMM. While the other manipulators lust for money, MMM derives his greatest pleasure from inflicting the maximum amount of pain on the greatest number of people.
In 04, I discovered “commodity market manipulation” in FCOJ (frozen concentrated orange juice). After this I requested an investigation by the CFTC. Since a small number of contracts were involved, they humorously honored my request; the same as you would honor a child’s request to look under the bed for monsters. They told me to call back in two days. When I called back, their tone of voice had changed so drastically that I could see the look of shock on their faces over the phone.
“Well what did you find?” “I can not tell you anything”, was the reply. “Due to the freedom of information act, you have to tell me what you found”, I bluffed. “I’ll check with my boss”. After a minute, “I can not tell you anything”.
Later, I filed a formal complaint with the CFTC. The judge who took my complaint was a brilliant and honest man. He discovered the market was indeed manipulated and sent me a smattering of the evidence before higher ups stopped him. I didn’t hear any more from that judge for three months, and although communications are in writing, I could tell I was communicating with a different person when the communications resumed. My complaint was dropped due to “my failure” to produce evidence of market manipulation.
That was in 04, you can not even begin to imagine how important what I have just related is to the multitudes of hard working people who are suffering as a result of this commodity market manipulation which has been going on since that time. While it was quite apparent justice would not be served during the Bush Administration, I have been unsuccessful in contacting the Obama Administration.
After you look at these commodity charts which testify to the fact that they were manipulated, you can begin to grasp the “astronomical” amount of money that has been transferred from the multitudes to a very few “politically connected” wealthy market manipulators over the past 11 1/2 years. This transfer occurred in the form of the “market manipulators tax” we pay on almost everything we buy. Even poor people who don’t pay income tax, pay “the market manipulators tax”.
Corn broke a record high in 2011. That means food was at a record high. Corn and gasoline represent food and transportation; the two most essential commodities for the multitudes. People have to get to work, and they have to eat, even when they don’t have a job. These commodities are absolutely essential for sustaining life.
“Please”, take a serious look at this chart and realize it is “supposed” to represent “supply and demand”. There is no “possible” supply and demand scenario that will explain this chart after 2006, especially since the supply was high. If there is no “normal” explanation for the price of corn going from $3.00 a bushel to $7.50 a bushel in 6 months time and then falling back to $3.00 in the next 6 months time, then back up to $8.00; there has to be an “abnormal” explanation.
“Please”, believe me, an explanation for this “irrational” behavior of the commodity markets is urgently important for the multitudes who are going through the worst economic times I have ever seen in my lifetime. Almost “all” of these markets bottom in January of 09, that’s totally “abnormal”; but they went right back up to “historical” highs after President Obama took office.
When markets behave this “irrationally”, there has to be an equally irrational explanation. Not only do these markets behave “irrationally”, but they do it in “unison”. When unrelated commodity markets move in a “synchronized” fashion, there has to be a “Master Mover” who is influencing that movement. There is no other explanation.
Never mind what I’m telling you, look at what the commodity chart is telling you. The only person who get’s rich from commodity market volatility is “the market manipulator”. When corn went to $7.50 and dropped to $3.00 like an elevator with a busted cable, the corn farmer was stuck with his grain in the bin; it dropped too fast for him to get a good price. The “only” people who racked up were MMM (master market manipulator) and his cabal of assistant market manipulators. They knew precisely when the price was going to drop because they had set the date when they were going to sell “short”. They sold heavy numbers of contracts in July and watched the market drop. In January 09, during the last days of The Bush Administration, they offset those short positions and collected their loot.
In 2004, the price of gasoline began to rise until it hit $3.50 in the commodities market, which translated to well over $4.00 at the pump. In July of 08 gas began to drop until it bottomed at $1.00 in January of 09, the last days of the Bush Administration; that was when the market manipulators “offset” and collected their loot.
In 2004, “high grade copper” began to rise; it went to 4.000, that was the the highest price ever in history for copper. It began to drop in July of 08 and plummeted to 1.5000 in January of 09, the last days of The Bush Administration; that was when the market manipulators offset and collected their loot.
Just look at this greater than ever in history “volatility”. Not only are these markets volatile, but they all reach unprecedented heights. When markets went up and down like a roller coaster, plus reaching higher than ever before; the only people who made money from this were MMM and his cabal of market manipulators. There is no way anyone can dream up a “supply and demand” scenario which will account for this. In addition to the commodity markets I’ve illustrated, there were many more which exhibited the same “irrational” behavior that occurred after 2001.
“All” of the money the market manipulators made came out of your pockets, when the commercial people involved in those commodities passed the cost of doing business on to you, and the multitudes who had to purchase those commodities in order to stay alive.
If you notice, immediately after Barack Obama took office; those commodities began to go up again. There is no way I’m going to try and explain that; however, I will say that if MMM is not prosecuted before the election, we will be exploited forever.
This continuous transfer of wealth in the form of an invisible “market manipulator tax” from us to them, has resulted in our decreased standard of living. It’s guaranteed continuation will raise our costs to stay alive, we are like frogs in a tub of water whose temperature is continually rising. While the primary motivation for the other manipulators is greed for money, MMM has a lust for inflicting the maximum amount of pain on the greatest number of people. Gasoline over $5.00 a gallon would do just that. He will continue to inflict as much pain as he can until he is stopped. Since we have the best government that money can buy, and he is willing to pay the price; he might never be stopped.