Wednesday, August 29, 2007

Market Crash Forecast Suggests New 9/11

Mystery trader bets on huge downturn that could only be preceded by catastrophe

Paul Joseph Watson
August 27, 2007

A mystery trader risks losing around $1 billion dollars after placing 245,000 put options on the Dow Jones Eurostoxx 50 index, leading many analysts to speculate that a stock market crash preceded by a new 9/11 style catastrophe could take place within the next month.

The anonymous trader only stands to make money if the market crashes by a third to a half before September 21st, which is when the put options expire. A put option is a financial contract between two parties, the buyer and the writer (seller) of the option, in which the buyer stands to benefit only if the price of the asset falls.

"The sales are being referred to by market traders as "bin Laden trades" because only an event on the scale of 9-11 could make these short-sell options valuable," reports financial blogger Marc Parent. Dow Jones Financial News first reported on the story.

The trader stands to make around $2 billion from their investment should an event trigger a market crash before the third week in September.

Such a cataclysmic jolt could only happen as a result of two factors, China dumping its vast dollar reserves in reaction to the sub-prime mortgage collapse, which it has threatened to do, or a massive terror attack on the same scale or larger than 9/11.

9/11 itself was foreshadowed by unprecedented put options that were placed on United and American Airlines. Though the Securities and Exchange Commission refused to reveal who placed the options, private researchers traced the investments back to the Deutsche Bank owned Banker’s Trust, which was formerly headed by then Executive Director of the CIA, Buzzy Krongard.

Put options on Morgan Stanley and Merrill Lynch, two of the World Trade Center's most prominent occupants, also spiked in the days before 9/11.

News of the suspicious trades is dovetailed by the comments of Former US Treasury secretary Larry Summers yesterday, who told ABC News that the risk of a recession in the U.S. was greater that at any time since 9/11.


jasper said...

All comments by deletedbyadmin (and his//her various sign-on names) will be deleted. This poster has abused this forum repeatedly and is no longer welcome here. To other posters who stay on topic and ask others to do the same, thank you. If you wish to talk about other topics, please go to our forums.

HAHAHAHAHA Larry you deluded hypocritical truther sheep Bill'O'Reilly wannabe. You see, if you want people to respect you and pay attention you can't insult everyone who's opinion differs from your own. This is why even your fellow conspiracy theorists don't bother to visit your site. This is why hard core left-leaning Bush haters like myself don't bother to send people to your site. You are Bill O'Reilly's doppleganger. You have no truth, just spin, lies and insults. And you can't bitch at herald mail for deleting your posts when you moderate comments on your own site moron.

This site is mine for 9 more years and then I will decide whether its worth it for me to let you open up the comment section again.

Real Truth Online said...

spoken just like an asshole who doesnt research FACTS. I am NOT "deletedbyadmin" on the Herald Mail site. Something as small and unimportant as a Herald Mail moniker he cant even get right---THATS why you cant get the 9-11 issues right, you fail to get the FACTS on even the smaller issues. Do you realize everytime you mock me for believing in a "conspiracy theory" you are really destroying your own credibility when you CONTINUALLY fail to refute me on ANYTHING?

jasper said...

If I only saw something to refute my poor boy. You have no FACTS scooter.







No truth.

Real Truth Online said...

Intelligent response---to just DENY everything that is said on this site. FUCKING COWARD. Hows it feel to be the dumbest mother fucker on planet Earth? A 2nd grader can say what you said all day long. Read the quote from Gandhi above----your repeated denials and diversion doesnt turn into FACTS asshole. You cant destroy truth by omitting and distorting it. Youre a fucking LOSER. I bet you wouldnt say this shit to my face you scared chicken.