Dubai Scam

I would like to throw a spanner in the works of this whole Dubai Dept story and attempt to have people look at this event from a different angle (perverted view point if any………!!!)

I believe this whole event was orchestrated and done so for a very good reason.

Very early this years 2009 the Dubai government (ruling family) appoint the Rothschild’s Group to re-organise the finances of the emirate known as Dubai. After this appointment was announced and confirmed we did NOT hear any more news regarding this particular issue.

Then on the commencement of Eid Al-Adha (muslim holiday), which happened to co-inside with the American Thanksgiving Holiday we have a situation where both the American and the Dubai financial markets are closed!!!!!!

Doesn’t anyone else think the timing of this dept restructuring announcement was strange? Why would you announce it on the day when both the American and Dubai markets were CLOSED for holidays?

When the news first spread across the mainstream media on Thursday 26^th Nov the figures involved regarding Dubai’s dept restructuring was quoted anywhere from between 60 to 80 Billion dollars. Then on Friday 27^th Nov the figure being quoted on the news channels rose as high as 100+ Billion dollars.

As a result of this carefully placed media spin all other financial markets and exchanges around the world that were open for business on both the 26^th & 27^th Nov made huge losses.

Then on late Monday the 30^th Nov the news was announced and confirmed that the actual figure for dept restructuring (not default) was only 26 Billion. It was also revealed that the assets Dubai holds would cover a large part of that dept. As well as the obvious point that Abu Dhabi would also step in and make up the remaining via asset purchases, Since Monday 30^th market have recovered most if not all loses.

I think this whole thing was orchestrated via the Rothschild’s group and it was done so in order to make a killing shorting all markets (accept for American and UAE) on the said Thursday and Friday. I believe large short positions where entered into the week before the announcement and then the over-exaggerated bad news was very smartly disseminated and the short positions would have made a killing on world markets. I’m guessing these shorts would have been exited late on Friday.

This is all speculation on my behalf but I can’t help but think this whole episode stinks of market manipulation.

Just a thought