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BIS FX/Gold "Intervention" Profiles - Before And After
Ten days ago, somewhat tongue in cheekly, we presented the "people bringing you currency manipulation on a daily basis" or in other words the BIS execution team for Europe's central banks, which is most directly engaged in FX and precious metals 'interventions' when needed. The execution chain we presented was headed by one Richard Austin Jones, head of central bank services at BIS, Basel, yet more importantly the actual trader at the bottom of the totem pole was a Mikaël Charozé, whose various tasks included the "management of the liquidity for big amounts" primarily interventions and portfolio diversification, as well as "holding and managing proprietary positions on all currencies including gold." We posted this on April 5. Funny then that just 10 days later, one would never know that Mikaël no longer counts "holding and managing proprietary positions on all currencies including gold" among his duties as well as task of "management of liquidity for big amounts including interventions". In fact his entire profile, since our little humorous exposes, appears to have been rather completely altered. Inquiring minds would love to know: why?
Before (as of April 5) - source. Note the highlighted activity descriptions.
And After - source. Note the lack of highlighted activity descriptions.
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That was close...
maybe exposing too much cat and too little bag?
How about too many lies and not enough truth?
Hope King World News doesn't get wind of this.
Another attack tries to knock King World News off the Internet
http://www.gata.org/node/11247
We're only intervening because we love you.
The fool never heard of the Barbara Streisand effect...
Interesting story
http://goldsilver.com/news/caesar-bryan-suspicious-1-5-billion-gold-dump...
“There were 10,000 contracts traded, which is something like $1.5 billion, and gold fell precipitously, from about $1,665 to about $1,650. This is very odd trading on a Friday afternoon when there was no other discernible movement in other markets."
original source......King World News.
What I love about this story is the fact that Zero Hedge is ripping elbows and assholes throughout the financial world, and this just proves the fact that the evil empire has their eye on this site. I can just imagine how once the original post was published on April 5th, some alarm bell rang deep within the depths of the Death Star, the BIS subsection head was properly executed by the dark force, and the relevant information sanitized.
Afterwards, todays economic Vader stares at a profile of Tyler Durden on his computer screen and mutters: "Impressive! Most impressive!"
“positions on all currencies, including gold”
Aw, the punk doesn’t know what he’s doing.
Gold is known to be a barbarous relic and is not money as dictated by the Chairman of the Federal Reserve Bank, Ben Shalom Bernanke.
I like Eric king and his site.
If he's not capable of doing an honest day's interventions, who the Hell will hire him? Either say it loud and proud, I intervene! Or welcome to the 99%.
because the facts only get in the way of stabiliteeeeeeee
Yes but does Govt intervention provide "stability" or is it just a pear-shaped perversion of the free market finding it's own resolutions with far worse consequences for that intervention?
What is the Fed, a private bank, doing rigging Gold prices? ..and for whose benefit precisely when it wipes $billions off private portfoiios?
What is the BIS, another private/secretly owned entity, doing intervening in Gold and currency markets? Again for whose benefit??
Where are the public Minutes of the Fed and BIS decisions 'justifying' their intervention in the markets?
Can we see the cost/benefit analysis of perverting markets?
This matrix of unelected, unaccountable private/secret 'institutions' perverting markets running roughshod over regulations stinks to high Heaven
So many questions, so little "transparency" as Bernanke would pleed he provides (cough)
The Matrix tidying up after itself there ... nothing to see.
Because the "original" profile was an actual copy & paste of his real job description; the "new" profile is obviously post intervention.
Damn...these guys are good?
Naughty Tyler!
DavidC
Is the punk wearing a hoodie?
Shit, he looks like a street thug!
If Bernanke was capable of having a son,he'd look like Mikael.
Hmmm. he took the target off his back?
Shadow bankers sometimes need to be reminded by management to stay in the shadows lest they meet Madame Guillotine.
THIS IS SWITZERLAND FOR YOU TYLER - MORE THAN JUST CHOCOLATES AND CHEESES
There you go again with your mindless Swiss bashing... Do you actually think?
By the way, I am not Swiss
Ha, ZHed !
Welcome to the dark side of the financial markets!! I am just a simpel footsoldier trading gold.
Just a good little nazi doing the bidding of his masters. Manipulate the markets at all costs.
"trading gold'......> his job description: 'market maker...for ALL FX and gold PRODUCTS (spot,swap,options,structured products)' ...Physical Gold of course gets no place as a gold product!
The BIS is a TEOTWAWKI ZHer.
What country is the BIS in again?
Ha.....I stumped at least one person.
"Liquidity for big amounts" - Lol, not substantial or significant but BIG, as though the author was struggling to come to terms with the numbers ie ooooh that's big.
if you have to ask how much, you can't afford it
Mass arrests and executions are coming, humanity traitors! Put this fuck on the list...
remember all crones "just following orders" may be thrown under the bus
..as Corzne did to his accounts clerk for following his orders
I suppose it is not so surprising that Sir Alan Greenspan now resides in Switzerland.
it's probably more his age and Davos is only a donkey ride away to the annual meeting of village idiots
running low on ink ??
I would suggest that Mikaël Charozé be tracked down and interviewed, but that would probably mean some bank having him
run over by a car because he knows too much.
Mikaël Charozé, - dude your cover has been blown. Try a witness protection program before they glue factory you.
Dear ZH team, you just can not stop impressing us!
Priceless...
Struck a nerve, ZH.
Absolutely beyond compare.
Yep, looks like a few BIS staffers are going to get 'promoted sideways' (sacked) giving away their BIS market manipulation roles (and policies) on a business card (Doh!)
it was probably an American Psycho moment where each BIS employee sat around a table giving their job descriptions to the printer in a bout of socipathic paranoid one-upmanship
http://www.telegraph.co.uk/finance/commodities/9205528/Devon-mine-is-focus-of-global-trade-war-for-tungsten.html
Tug of war for tungsten mine? can it be coincidence?
;-)
OT but relevant to us: South African mint produces underweight Krugerrands !!!
http://www.bullionstreet.com/news/sa-mint-yet-to-clarify-underweight-krugerrand/1586
In fact his entire profile, since our little humorous exposes, appears to have been rather completely altered.
Tyler is all over the banksters like stink on a monkey.
Tyler Durden,
You are going to get a double-tap right in the yap, if you're not careful.
Keep up the great work.
•J•
V-V
This is precisely why I read ZH. We get the glimpse into the Monkeyshines of the primates going Apeshit in our banana republics!
Great expose Tyler - however,
Methinks that this guy Choreze is just an execution trader. he does not "take" poisitions nor act as market - maker in all f those asset groups.
I mean c'mon...humbly I admit to you that I have been an FX market maker (forwards and options) for a large institution (more thasn 5 years ago), and there is no way one guy can be a market maker in all currencies, gold, and all derivative forms of those asset groups.
Most probably he gets buy / sell orders, with price targets form some Sorbonne trained "economist" (that use to always party with DSK). He executes the orders "smoothly" through the markets as price targets are hit.
He is a nobody....but then so are all the arsewipes giving him instructions at the BIS.
He is in for a world of fuck cluster thereof now. Long on hiring, bitchez.
Just like the ratings agencies in 2007...hire people in their twenties, give 'em a good title and they'll be too blinded to see what's really going on. The TSHTF, they'll be the ones taking the heat. Sneaky bastards.
Have my eyes been manipulated??? Or have my eyes manipulated my brain???
END THE BONDZI !!!!