Last year I wrote a bit about this subject highlighting the need to stop the interference caused by HFT. Obviously, nothing has been done and nothing will be done. The governments and the banks are behind this and they intend to damage it. On top of this you have ETFs sucking the life blood out of the sector.
“We wonder why large trading institutions are allowed to impact junior mining stocks with high-frequency trading and also receive trading credits [under the so-called maker-taker model] from the TSX in return for placing bids,” he asks.
As you can see, this isn't an accidental outcome as a result of a poor policy.
The 57-year-old, who started IntercontinentalExchange 12 years ago after a career in the electric-power industry, opposes paying incentives to lure big traders onto stock exchanges, a widespread practice that exchange officials say is necessary to keep their markets in motion. Mr. Sprecher also objects to the dispersion of stock trading across scores of exchanges and private markets, a trend embraced by banks and trading firms that earn profits by trading shares away from exchanges.
Mr. Sprecher also has criticized the common practice by the NYSE and other U.S. stock exchanges of paying incentives to traders that are active buyers and sellers of securities. The exchanges say they pay such rebates to help ensure that there are traders to take the other side of orders placed by mutual funds or individual investors.
Paying these incentives has fostered a system that encourages some traders to heavily buy and sell without much concern for holding a given stock—making such traders more likely to abandon markets when conditions turn volatile, Mr. Sprecher said in Chicago last year.
Something has to be done about this. You're hearing more and more desperate pleas that are falling on deaf ears. Your governments want shortages. Like printing money and monkeying with interest rates, interfering with the Jrs will cause boom and bust cycles. They are not even interested in generating a patronage model. They want chaos.
A large part of the plan requires that they all work together to create uncertainty. This drives out the retail because it was tough enough to make a buck while trying to figure out the deposits and enviro conditions that go with the territory. Now add banks with giant funds and HFTs that can front run the exchanges and it quickly becomes obvious what the outcome will be.
These tactics are not just aimed at Jr mining. There is a much bigger social engineering plot at work but I won't have the time to go into it. I can just barely scratch the surface. (See the bottom of this post) Pay for your gas before it's pumped belongs to the Nazi regime of old. It is social engineering 101. Bounce the price of groceries around so people can't keep track and therefore, never know when a deal is really a deal. The tainted beef scandal is another good example. Our government knew about it long before we did. So what did the company do you ask? They put the beef on sale 2 for 1 for weeks before announcing that they potentially sold poison. Our government was behind that.
If any of you think this is non-sense. I'm sorry but your an idiot or you can't read. Our beef was banned in other places weeks before the public was notified. Anyone who expects anything that might level any field in the coming decade is fooling themselves. It's going to get a whole lot worse. "To date Elizabeth May, leader of the Green Party, is the only politician demanding an emergency debate in parliament on a treaty that will deliver "reduced sovereignty" and "reduced democracy" and all "for more Chinese ownership of Canada's resources." The NDP now echo her concerns." Chairman-Harper-Article The NDP are only doing that because they got caught trying to conceal it from you. When I last wrote about it I said that not one person mentioned it in the house aside from May because they were all in on it. Do you believe they didn't know that was going on for months?
We pay lawyers to lie for us and we pay governments to lie to us. Who is responsible for this? Simple, the voters.
BC is about to go NDP. This is going to wipe out the Province for another decade. I've been heckled over this statement for some time now. All the cries of "they won't slit their own throats" is utter non-sense. Look into the history. In BC we have 2 parties. One sells us out and the other shuts us down. BC will not consider the third and fourth options. When you combine that with the conditions the Jr sector finds itself in now you can see that more than half will not survive here.
What does all this mean? It means you have to be out of the Jr companies in BC before the Election. Alternatively, you'll need a long term strategy. So you'll really have to do your homework on the enviro issues to make certain your Jr will be unopposed. Any other investment in mining must have their enviro permits plan at an advanced stage. This is going to be critical. In addition the company will need a lot of cash. If they don't have cash they will need a patron like a major or a billionaire like Copper Fox has. Everything else is going to be crushed out of existence.
Here's a lie: "Mining was one of the focuses of today’s sessions at the Natural Resource Forum. There some concerns expressed within the industry about the fate of mining with greater NDP influence in Victoria, following the provincial election in May. But, Independent MLA for Cariboo North, Bob Simpson, feels NDP leader Adrian Dix is “desperate” to hold onto a leadership for an entire term for the first time in BC’s history. He feels that may make Dix far more open to industry, including mining." Bob is one of the people who helped get us here. Then he left the NDP to try to appear independent so he could comment on the election while supporting the NDP and you're supposed to believe him!
In case you don't know this, there has been a bit of a rush to sell off more expensive homes in favour of low rent homes by us guys who rent to people. We all know what a welfare Province BC is about to become and we are gearing up for low income renting. Yes, the North will boom and be full of Chinese and American workers who live in camps and don't spend a dime here. The Province is already setting up special tax exemptions for them so there's even more pressure to not hire Canadians.
"The fix is in, as 350 Canadians applied for these jobs at HD Mining and not one qualified. One of the qualifiers is that you have to speak Mandarin."
I know this has been all over the internet and in the papers but it's worth the mention here too. I'm repeating it for the people of BC so they can understand what they are about to do to themselves for about the 10th time.
"Christy Clark is on the radio telling us in millions of dollars worth of ads how wonderful her jobs program is, while you stand in the unemployment line, looking like a Dr. Seuss character."
For those who say "you listed BC as a mining friendly place" Yes I did. That is the current status. But after the election you will have to ride with the companies that are the "ins". When the NDP get in it becomes a different old boys club. Not to say less mafia just different mafioso. The NDP always hid their connections behind the scenes and people only found out when casino licenses were handed out for lavish deck additions on houses. Unlike the current Liberals who steal right in front of the people's face. They of course take the attitude that if the people are that stupid why hide it? Things will change here, it will be friendly for a different group.
Now just for the record I'm not calling all the people of BC stupid, just the majority. So the 5 or 10% of us with a brain really don't count for much. And so, the course of the next decade is outlined clearly above.
I know this doesn't paint a pretty picture and there's an awful lot of this going on. You can see it in the crazy laws passed at the local level all the way up to mass shootings in the USA. It's social engineering and it's getting hard to deny. Take the last school shooting. The news kept showing a hot chick's rear end as she walked away over and over. The focus of the frame was her backside. What message were they trying to convey? Shootings are sexy?
Here's some pieces done by private citizens. Over time I'll be investigating ways to make profits by knowing what social changes are being implemented. Even if not one word of what is below is true it still reflects what people think and they will gravitate towards activities that represent their beliefs.
"This always has been and always will be the future of mankind."
Youtube - Is this real? (30 mins)
The article below is being passed around on Facebook: